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.

Customer Demand Prompts Citigroup To Consider Cryptocurrency Services 
Customer Demand Prompts Citigroup To Consider Cryptocurrency Services 
May 07, 2021  |  Cryptocurrency

After getting numerous requests from customers, Citigroup is looking into the rollout of services to support cryptocurrency, Financial Times (FT) reported on Friday (May 7)....

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India’s Central Bank Leaves Decisions To Ban Crypto To Banks
India’s Central Bank Leaves Decisions To Ban Crypto To Banks
May 06, 2021  |  Cryptocurrency

The National Payments Corporation of India (NPCI), which is an umbrella body for retail payments, won’t be blocking cryptocurrency trades, Inc42 reported. Instead, it plans...

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CFPB Looks Into US Bancorp’s Consumer Sales Practices
CFPB Looks Into US Bancorp’s Consumer Sales Practices
May 06, 2021  |  Banking

The Consumer Financial Protection Bureau (CFPB) is looking into some of U.S. Bancorp’s consumer sales practices, according to the financial services company’s 10-Q filed this...

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Tide Rolls Out Tool To Help SMBs Chase Invoices
Tide Rolls Out Tool To Help SMBs Chase Invoices
May 06, 2021  |  B2B Payments

Tide, the United Kingdom-based corporate banking platform, is rolling out a new way to assist small to medium-sized businesses (SMBs) with receiving payments on schedule...

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FIS Sees 76 Pct Growth In New Merchant Solutions Sales
FIS Sees 76 Pct Growth In New Merchant Solutions Sales
May 06, 2021  |  Earnings

Fidelity National Information Services (FIS) reported results that showed organic growth as banks moved to modernize their infrastructure and merchants accommodated the continued shift by...

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A Bank By Any Other Name: FinTechs Spark Debate
A Bank By Any Other Name: FinTechs Spark Debate
May 06, 2021  |  Digital-First Banking

While often referred to as a leading digital bank, Chime is not technically a bank and will no longer be referring to itself as one...

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New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
May 06, 2021  |  Artificial Intelligence

If it seems like companies are slapping artificial intelligence (AI) onto everything in the pandemic era, it’s because so many are. To gauge the focus...

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Chime Stops Using Word ‘Bank’ After Regulator’s Pushback
Chime Stops Using Word ‘Bank’ After Regulator’s Pushback
May 05, 2021  |  Legal

Chime has been forced to ditch the use of the word “bank” in describing its services as it is not properly licensed, a court filing...

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Today In Digital-First Banking: FIS, NYDIG Collaborate On Bitcoin; Zelle Processes $106 Billion In Q1
Today In Digital-First Banking: FIS, NYDIG Collaborate On Bitcoin; Zelle Processes $106 Billion In Q1
May 05, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, FIS is working with NYDIG on bitcoin, while Zelle processed 392 million transactions in Q1 2021. Plus, big...

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