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.

Rho CEO: Middle Market Businesses Want Business Bankers, Not Branches

Rho CEO: Middle Market Businesses Want Business Bankers, Not Branches
Rho CEO: Middle Market Businesses Want Business Bankers, Not Branches
January 06, 2022  |  SMBs

It could be said that small and mid-sized business banking suffers from a bit of a Goldilocks syndrome. That is, the mega-corporate clients get well-served...

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EBA: Asylum Seekers Needlessly Blocked by EU Banks
EBA: Asylum Seekers Needlessly Blocked by EU Banks
January 05, 2022  |  International

The European Banking Authority (EBA) says banks in the European Union are blocking asylum seekers and other customers in misguided attempts to adhere to anti-money...

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Virgin Money Teams With Expense Management Firm Expend
Virgin Money Teams With Expense Management Firm Expend
January 05, 2022  |  Partnerships

U.K. financial services firm Virgin Money is teaming up with expense management startup Expend to help Virgin’s business customers better manage their companies, Business Matters...

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LendingClub Reorganizes to Focus on ‘Everyday’ Americans
LendingClub Reorganizes to Focus on ‘Everyday’ Americans
January 04, 2022  |  Banking

LendingClub won’t be going forward with several business operations in 2022, including its yacht loan business, according to CEO Scott Sanborn. Get the Full Story...

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For Banks Hunting Fraudsters, There’s No Magic Bullet
For Banks Hunting Fraudsters, There’s No Magic Bullet
January 04, 2022  |  Security & Fraud

Online fraudsters have gotten more and more sophisticated, making it tougher or financial institutions (FIs) to tell the difference between customer and scammer. Get the...

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More Banks Ditching Lucrative Overdraft Fees
More Banks Ditching Lucrative Overdraft Fees
January 04, 2022  |  Banking

Despite bringing in an estimated $15.47 billion in 2019, more banks in the U.S. are ditching or modifying overdraft fees in a move to better...

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UK Tests Shared BankHubs in Communities With No Branches
UK Tests Shared BankHubs in Communities With No Branches
January 03, 2022  |  Banking

A pilot program between U.K. bank Cambuslang and the U.K. state-owned Post Office could help give more access to in-person banking for those in need,...

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EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery Space
EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery...
January 03, 2022  |  International

In today’s top Europe, Middle East and Africa news, U.K. high street bank Lloyds has acquired a stake in loyalty app Bink, while European giants...

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Credit Unions Mark Unprecedented Growth 
Credit Unions Mark Unprecedented Growth 
January 03, 2022  |  Credit Unions

Credit unions saw more than 4.4 million people join their ranks between August 2020 and August 2021, according to a recent report by the Credit...

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