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.

Columbia Banking and Umpqua Bank Join Forces for $5B
Columbia Banking and Umpqua Bank Join Forces for $5B
October 13, 2021  |  Partnerships / Acquisitions

Columbia Banking System Inc. and Umpqua Holdings Corp. said Tuesday (Oct. 12) they are joining forces in a $5.1 billion all-stock deal, according to The...

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JPMorgan Earnings Show Debit and Credit Card Sales Volume Up 26%
JPMorgan Earnings Show Debit and Credit Card Sales Volume Up 26%
October 13, 2021  |  Earnings

In the kickoff to earnings season, banking giant JPMorgan Chase posted third-quarter results that bested the Street’s expectations, underpinned by growth in credit card and...

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JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
October 13, 2021  |  Earnings

Third-quarter profits exceeded expectations at J.P. Morgan Chase, with a 24% surge in net income of $11.7 billion, an increase of $2.2 billion, the largest...

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Citi Vet Chris Cox Named TTS Global Head of Trade and Working Capital Solutions
Citi Vet Chris Cox Named TTS Global Head of Trade and Working Capital Solutions
October 12, 2021  |  Personnel

Chris Cox, a Citi veteran with almost 14 years of experience at the bank who has served in numerous leadership roles, was named global head...

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Q3 Bank Earnings Likely to See Continued Strong Debit Spending
Q3 Bank Earnings Likely to See Continued Strong Debit Spending
October 12, 2021  |  Banking

Seems like yesterday we were looking toward second-quarter earnings reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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FinTech Vet Silvio Tavares Named VantageScore Head
FinTech Vet Silvio Tavares Named VantageScore Head
October 12, 2021  |  Personnel

FinTech veteran Silvio Tavares was appointed president and CEO of VantageScore Solutions and will bring his expertise from the Digital Commerce Alliance (DCA), a banking...

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Latino-Focused Lender Oportun Scraps Bank Charter After CFPB Probe
Latino-Focused Lender Oportun Scraps Bank Charter After CFPB Probe
October 11, 2021  |  Loans

Oportun, a specialist in low- to moderate-income lending, which services many Latinos, has withdrawn its application for a bank charter. Get the Full Story Complete...

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Customers Cite Trust and Security as Restraining Factors in Adopting Digital-Only Banking Service
Customers Cite Trust and Security as Restraining Factors in Adopting Digital-Only Banking Service
October 11, 2021  |  Digital Banking

Banking customers have made it evident in a PYMNTS study that convenience and ease of use provided by technology-based services are of utmost value to...

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China Probes State Banks for ‘Political Deviations’
China Probes State Banks for ‘Political Deviations’
October 11, 2021  |  Bank Regulation

China’s president is taking a closer look at the connections between his country’s state banks and larger private-sector operators in an effort to clamp down...

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