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.

Currensea on Offering the Ability to Decouple From Banks While Giving Back

Currensea on Offering the Ability to Decouple From Banks While Giving Back
Currensea on Offering the Ability to Decouple From Banks While Giving Back
January 28, 2022  |  Next-Gen Debit

For frequent travelers, the money they sink into seemingly endless foreign exchange (FX) fees could be better spent going to charity. In the Next-Gen Debit...

READ MORE >
P2P Service Chuck Launches in Massachusetts
P2P Service Chuck Launches in Massachusetts
January 28, 2022  |  Digital Payments

A Reading, Massachusetts community bank will be the first to go live with P2P payment service Chuck, a report from American Banker says. Get the...

READ MORE >
US Banks Look for Interest Earning to Rebound in ’22
US Banks Look for Interest Earning to Rebound in ’22
January 27, 2022  |  Bank Regulation

A new economic forecast says U.S. banks will see more growth from the “bread and butter” business of taking deposits and lending money, Reuters writes....

READ MORE >
BIS Paper: Asia Virtual Banks Must Protect Consumer Data
BIS Paper: Asia Virtual Banks Must Protect Consumer Data
January 27, 2022  |  Data

A new Bank for International Settlements paper says Asian regulators must protect consumer data as financial institutions dole out more virtual bank cards, noting the...

READ MORE >
Decoupled Debit Turns Foreign Exchange Fees Into Donations for Frequent Travelers
Decoupled Debit Turns Foreign Exchange Fees Into Donations for Frequent Travelers
January 27, 2022  |  Next-Gen Debit

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Financial Data Exchange: 28 Million US Consumers Now Use Its API for Open Banking Data Sharing
Financial Data Exchange: 28 Million US Consumers Now Use Its API for Open Banking Data...
January 26, 2022  |  API

FDX has reported 28 million consumer accounts now using its FDX API for open finance and open banking data sharing, a press release says. Get...

READ MORE >
Shareholders OK Merger of Columbia Banking, Umpqua Holdings
Shareholders OK Merger of Columbia Banking, Umpqua Holdings
January 26, 2022  |  Partnerships / Acquisitions

Columbia Banking Systems, which is the parent of Columbia State Bank, has gotten the green light to merge with Umpqua Holdings, a Seeking Alpha report...

READ MORE >
LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
January 26, 2022  |  Payment Methods

In a Q4 LendingClub earnings call, CEO Scott Sanborn laid out the company’s vision for 2022, to keep building its on-balance-sheet loan portfolio and moving...

READ MORE >
Tuum Notches $16.9M for its Next-Generation Banking Network
Tuum Notches $16.9M for its Next-Generation Banking Network
January 26, 2022  |  Investments

Estonia-based FinTech Tuum, formerly Modularbank, announced a 15 million euro ($16.9 million) funding round, according to Sifted. Get the Full Story Complete the form to unlock...

READ MORE >