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.

More Banks Ditching Lucrative Overdraft Fees
More Banks Ditching Lucrative Overdraft Fees
January 04, 2022  |  Banking

Despite bringing in an estimated $15.47 billion in 2019, more banks in the U.S. are ditching or modifying overdraft fees in a move to better...

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UK Tests Shared BankHubs in Communities With No Branches
UK Tests Shared BankHubs in Communities With No Branches
January 03, 2022  |  Banking

A pilot program between U.K. bank Cambuslang and the U.K. state-owned Post Office could help give more access to in-person banking for those in need,...

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EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery Space
EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery...
January 03, 2022  |  International

In today’s top Europe, Middle East and Africa news, U.K. high street bank Lloyds has acquired a stake in loyalty app Bink, while European giants...

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Credit Unions Mark Unprecedented Growth 
Credit Unions Mark Unprecedented Growth 
January 03, 2022  |  Credit Unions

Credit unions saw more than 4.4 million people join their ranks between August 2020 and August 2021, according to a recent report by the Credit...

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Two California Credit Unions Merge, National CU Group Says
Two California Credit Unions Merge, National CU Group Says
January 03, 2022  |  Credit Unions

Two months after being placed into a conservatorship, the Pomona Postal Federal Credit Union of Pomona, California, has merged with another credit union (CU). Get...

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State Bank of Pakistan Opens Doors to Digital Banking
State Bank of Pakistan Opens Doors to Digital Banking
January 03, 2022  |  Banking

The State Bank of Pakistan (SBP) is taking its first steps toward bringing a fully digital bank to the country. Get the Full Story Complete...

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China’s Tencent Takes Stake in UK Challenger Bank Monzo
China’s Tencent Takes Stake in UK Challenger Bank Monzo
January 02, 2022  |  Digital-First Banking

Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5...

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FDIC Chairman McWilliams Resigns Over Policy Clashes
FDIC Chairman McWilliams Resigns Over Policy Clashes
January 02, 2022  |  Politics

Jelena McWilliams, a Trump-era appointee banking regulator, has resigned as of Friday (Dec. 31), per a Financial Times report. Get the Full Story Complete the...

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7 in 10 Microbusinesses Cite Link Between Instant Payouts and Loyalty
7 in 10 Microbusinesses Cite Link Between Instant Payouts and Loyalty
December 31, 2021  |  B2B Payments

As businesses have turned to online channels during the pandemic, swift digital disbursements have become increasingly important. Companies, particularly small- to medium-sized businesses (SMBs), are...

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