banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
January 07, 2022  |  Digital-First Banking

Despite the legal and pandemic-related business challenges that have plagued neobanks in the United Kingdom in recent months, the challenger bank space in Europe is...

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iFast Snags Majority Stake in Bahrain’s BFC Bank
iFast Snags Majority Stake in Bahrain’s BFC Bank
January 07, 2022  |  Acquisitions

iFast has grabbed a majority stake in Bahrain’s BFC Bank through an agreement with bidding company Eagles Peak, a move that gives the Singapore-based FinTech...

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Regions Bank Launches Equipment Financing Tech Platform
Regions Bank Launches Equipment Financing Tech Platform
January 06, 2022  |  Banking

Alabama’s Regions Bank says it is adding a new technology solutions platform and team to its Regions Equipment Finance Corporation (REFCO) subsidiary. Get the Full...

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CSI, NYDIG Want to Bring Bitcoin to Community Banks
CSI, NYDIG Want to Bring Bitcoin to Community Banks
January 06, 2022  |  Bitcoin

The FinTech and RegTech solutions provider Computer Services Inc. has joined forces with the bitcoin company NYDIG to offer bitcoin services to community financial institutions....

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Rho CEO: Middle Market Businesses Want Business Bankers, Not Branches
Rho CEO: Middle Market Businesses Want Business Bankers, Not Branches
January 06, 2022  |  SMBs

It could be said that small and mid-sized business banking suffers from a bit of a Goldilocks syndrome. That is, the mega-corporate clients get well-served...

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EBA: Asylum Seekers Needlessly Blocked by EU Banks
EBA: Asylum Seekers Needlessly Blocked by EU Banks
January 05, 2022  |  International

The European Banking Authority (EBA) says banks in the European Union are blocking asylum seekers and other customers in misguided attempts to adhere to anti-money...

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Virgin Money Teams With Expense Management Firm Expend
Virgin Money Teams With Expense Management Firm Expend
January 05, 2022  |  Partnerships

U.K. financial services firm Virgin Money is teaming up with expense management startup Expend to help Virgin’s business customers better manage their companies, Business Matters...

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LendingClub Reorganizes to Focus on ‘Everyday’ Americans
LendingClub Reorganizes to Focus on ‘Everyday’ Americans
January 04, 2022  |  Banking

LendingClub won’t be going forward with several business operations in 2022, including its yacht loan business, according to CEO Scott Sanborn. Get the Full Story...

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For Banks Hunting Fraudsters, There’s No Magic Bullet
For Banks Hunting Fraudsters, There’s No Magic Bullet
January 04, 2022  |  Security & Fraud

Online fraudsters have gotten more and more sophisticated, making it tougher or financial institutions (FIs) to tell the difference between customer and scammer. Get the...

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