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.

China’s Tencent Takes Stake in UK Challenger Bank Monzo

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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FinTech Challenger Bank Chime’s Claims of No Fees Hold up Under Scrutiny
FinTech Challenger Bank Chime’s Claims of No Fees Hold up Under Scrutiny
December 29, 2021  |  Banking

FinTech challenger bank Chime can continue using terms like “no overdraft fees” and “no hidden fees” after the National Advertising Division (NAD) of BBB National...

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EDB Banking App Backs 500+ UAE Firms Since September
EDB Banking App Backs 500+ UAE Firms Since September
December 29, 2021  |  International

The Emirates Development Bank said Wednesday (Dec. 29) that since the bank launched its Business Banking App in September, more than 500 United Arab Emirates-based...

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How 104 Acquiring Banks Are Using AI to Beat Fraud, Boot Unprofitable Merchant Accounts
How 104 Acquiring Banks Are Using AI to Beat Fraud, Boot Unprofitable Merchant Accounts
December 29, 2021  |  artificial intelligence

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

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Bahamas Central Bank Looks to Phase Out Checks 
Bahamas Central Bank Looks to Phase Out Checks 
December 28, 2021  |  International

The days of paying for things by check in the Bahamas could be coming to an end.  Get the Full Story Complete the form to...

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How APIs Improve Consumer Experience 
How APIs Improve Consumer Experience 
December 28, 2021  |  API

In the competitive world of the payments sector, a number of leading companies are leveraging APIs (application payment interfaces) to improve consumer experiences.  Get the...

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First Northern Joins Alloy Labs to Launch Open Payments Network CHUCK
First Northern Joins Alloy Labs to Launch Open Payments Network CHUCK
December 28, 2021  |  Banking

California’s First Northern Bank is joining the community and midsize banking consortium Alloy Labs Alliance to help the association advance its mission to drive technical...

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