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.

New Report: PSPs Embrace Open Banking APIs for Speed, Compliance, Insights

New Report: PSPs Embrace Open Banking APIs for Speed, Compliance, Insights
New Report: PSPs Embrace Open Banking APIs for Speed, Compliance, Insights
September 07, 2021  |  Banking

Payment service providers (PSPs) keep money moving and get people and businesses paid, yet in the increasingly connected economy, mounting demands for seamless experiences and...

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Cashfree Debuts Banking-as-a-Service Offering for FinTechs
Cashfree Debuts Banking-as-a-Service Offering for FinTechs
September 06, 2021  |  Banking

Payments company Cashfree has rolled out a new banking-as-a-service API to help speed up banking integrations, a press release says. Get the Full Story Complete...

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Baanx FinTech Invests in Iowa’s Maxwell State Bank
Baanx FinTech Invests in Iowa’s Maxwell State Bank
September 06, 2021  |  Security & Fraud

B2B2C platform Baanx is now the third-largest shareholder in Maxwell State Bank, which is regulated by the U.S., after a multimillion-dollar deal to bolster cybersecurity...

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Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
September 03, 2021  |  CFPB

Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose...

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APIs Enable Shortcuts for US and Brazilian Cross-Border Commerce
APIs Enable Shortcuts for US and Brazilian Cross-Border Commerce
September 03, 2021  |  Cross-border Payments

As millions of consumers shifted their shopping activities online, businesses faced numerous barriers when meeting them there, particularly companies seeking to penetrate the United States...

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Mbanq CUSO Introduces Credit Union-as-a-Service
Mbanq CUSO Introduces Credit Union-as-a-Service
September 02, 2021  |  Credit Unions

Mbanq CUSO has rolled out a Credit Union-as-a-Service (CUaaS) business model “to launch and operate the Credit Union of the future as a comprehensive service,”...

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Airwallex Obtains Money Services Business License In Malaysia
Airwallex Obtains Money Services Business License In Malaysia
September 02, 2021  |  International

Australian FinTech platform Airwallex on Thursday (Sept. 2) announced that the company has secured a money services business (MSB) license from Bank Negara Malaysia, which...

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Federal Agencies Issue FinTech Guidance For Community Banks
Federal Agencies Issue FinTech Guidance For Community Banks
September 02, 2021  |  Bank Regulation

Guidance published in collaboration with several federal agencies was recently handed down to offer voluntary counsel for community banks launching partnerships with FinTechs, according to...

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IRS: Bank Reporting Data Key To Addressing Tax Evasion
IRS: Bank Reporting Data Key To Addressing Tax Evasion
September 02, 2021  |  Taxes

In a letter to Sen. Elizabeth Warren (D-Mass.) IRS Commissioner Charles Rettig said requiring banks to provide insight into customers’ transaction history could help the...

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