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.

PBOC Puts Limits on Commercial Financing

PBOC Puts Limits on Commercial Financing
PBOC Puts Limits on Commercial Financing
January 14, 2022  |  International

The People’s Bank of China (PBOC) has published new rules designed to place a cap on bank’s commercial financing operations, while also bolstering risk management...

READ MORE >
Citi Sells Southeast Asia Consumer Banks to UOB in $3.7B Deal
Citi Sells Southeast Asia Consumer Banks to UOB in $3.7B Deal
January 14, 2022  |  Banking

Citi has closed a $3.7 billion deal to sell its consumer banks in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank (UOB), including...

READ MORE >
Ingo Money: 2021 Was the Year of Issuing
Ingo Money: 2021 Was the Year of Issuing
January 14, 2022  |  Opinion

The changing world of payments in 2021 led to a surge in new accounts, as companies ranging from FinTechs to insurance providers looked for ways...

READ MORE >
Embedded Business Banking Rides Wave of Demand for Less Friction
Embedded Business Banking Rides Wave of Demand for Less Friction
January 14, 2022  |  B2B Payments

While the pandemic is still raising as much uncertainty as there was a year ago, on the whole, businesses appear to be trying to restore...

READ MORE >
FNB Debuts Digital Physicians First Banking Program for Healthcare Professionals
FNB Debuts Digital Physicians First Banking Program for Healthcare Professionals
January 13, 2022  |  Banking

FNB has debuted a new digital program for loans and deposit products for physicians, dentists, veterinarians and other health professionals, the company announced Thursday (Jan....

READ MORE >
Current Launches High-Yield Interest Offering to Help Customers Save
Current Launches High-Yield Interest Offering to Help Customers Save
January 13, 2022  |  Consumer Finance

U.S. FinTech platform Current announced Thursday (Jan. 13) that it has debuted a new high-yield offering called Current Interest. Get the Full Story Complete the...

READ MORE >
FIS: 2021 was the Year of Perseverance
FIS: 2021 was the Year of Perseverance
January 13, 2022  |  Opinion

Financial institutions stepped up to the challenges of 2021, says Kelly Beatty, executive vice president and head of payments at FIS, meeting changing cardholder demands...

READ MORE >
US Banks Plan USDF Stablecoin
US Banks Plan USDF Stablecoin
January 12, 2022  |  Cryptocurrency

A group of U.S. banks will offer its own stablecoin, USDF, as it tries to beat concerns about the reserves behind equivalents from nonbanks, according...

READ MORE >
Russia’s TCS Acquires Swiss Crypto Startup Aximetria
Russia’s TCS Acquires Swiss Crypto Startup Aximetria
January 12, 2022  |  Acquisitions

TCS Group Holding, the parent company of Russian bank Tinkoff, now owns a majority share in Swiss-based cryptocurrency startup Aximetria, according to a CoinDesk report...

READ MORE >