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.

Comerica Bank Taps Allysun Fleming to Head Payments Unit

Comerica Bank Taps Allysun Fleming to Head Payments Unit
Comerica Bank Taps Allysun Fleming to Head Payments Unit
August 01, 2022  |  Personnel

Comerica Bank has appointed Allysun Fleming to lead payment strategy as it moves all payments-related operations into a single unit that she will head as the...

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Australian Bank Launches Automated Savings Alternative to BNPL
Australian Bank Launches Automated Savings Alternative to BNPL
July 31, 2022  |  BNPL

Australia’s Up Bank has rolled out a new service to automate installment payments, easing stress surrounding Buy Now, Pay Later (BNPL) services, a report says....

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Kenyan Central Bank Blocks FinTechs Flutterwave, Chipper
Kenyan Central Bank Blocks FinTechs Flutterwave, Chipper
July 29, 2022  |  Europe

The Central Bank of Kenya issued a letter on Friday (July 29) directing banking and mortgage CEOs to cease transactions with Kenyan FinTechs Flutterwave Payments...

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CFPB Slaps U.S. Bank With $37.5M Fine Over Unauthorized Accounts
CFPB Slaps U.S. Bank With $37.5M Fine Over Unauthorized Accounts
July 28, 2022  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) hit U.S. Bank with a $37.5 million consent order for illegally accessing customers’ credit reports and personal information to open accounts...

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LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
July 27, 2022  |  Earnings

LendingClub’s transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining...

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Upgrade Offers OneCard for Single Platform Budgeting, Rewards
Upgrade Offers OneCard for Single Platform Budgeting, Rewards
July 27, 2022  |  Banking

Challenger bank Upgrade is launching OneCard, a new product that provides users with a single card for daily expenses and making payments over time. Get...

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Amex Adds Membership Rewards to Digital Business Checking Account
Amex Adds Membership Rewards to Digital Business Checking Account
July 27, 2022  |  Credit Cards

American Express has added membership rewards to its fully digital Business Checking account, after numerous requests from customers that have been using the service since...

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The Data Point: Over 40% of Millennials Would Switch to FIs Supporting Local Charities
The Data Point: Over 40% of Millennials Would Switch to FIs Supporting Local Charities
July 27, 2022  |  Banking

Charity begins at home, as the old saying goes, and that can mean one’s community as well. New data finds a powerful correlation between bank...

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