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.

Indonesia Central Bank Among Latest To Ban Crypto As Payment

Indonesia Central Bank Among Latest To Ban Crypto As Payment
Indonesia Central Bank Among Latest To Ban Crypto As Payment
June 17, 2021  |  Cryptocurrency

In what may be yet another door slamming shut to the use of cryptocurrency in mainstream commerce, Indonesia is nixing the use of the digital...

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Unit Raises $51 Million To Expand FinServ Products, Integrations
Unit Raises $51 Million To Expand FinServ Products, Integrations
June 17, 2021  |  Investments

Banking-as-a-Service (BaaS) platform Unit has raised $51 million in a Series B funding round, the company said in a Thursday (June 17) announcement. Get the...

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UK Wealth Manager Nutmeg To Become Part Of JPMorgan
UK Wealth Manager Nutmeg To Become Part Of JPMorgan
June 17, 2021  |  Partnerships / Acquisitions

U.K. digital wealth manager Nutmeg will soon become part of JPMorgan Chase, the company announced Thursday (June 17). Get the Full Story Complete the form...

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PYMNTS TrueLayer Report: PSPs Unlock Payments Experience With Open Architectures
PYMNTS TrueLayer Report: PSPs Unlock Payments Experience With Open Architectures
June 17, 2021  |  Banking

Like many financial innovations, open banking still seemed exotic in 2018 when momentum began building. What the sector didn’t foresee was a global crisis propelling...

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Business Bankers Find The Long-Term Lessons Of PPP
Business Bankers Find The Long-Term Lessons Of PPP
June 17, 2021  |  B2B Payments

Financial institutions (FIs) of all shapes and sizes say the Paycheck Protection Program (PPP), having presented a slew of challenges for many lenders, offered some...

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Banks Turn To AI To ‘Get Serious’ About Credit Lifecycle Management
Banks Turn To AI To ‘Get Serious’ About Credit Lifecycle Management
June 17, 2021  |  Artificial Intelligence

Although the total number of banks that use artificial intelligence (AI) to assess credit risk has tripled in the past three years, those gains have...

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CitiBusiness Small Business Banking Services Closing In Singapore
CitiBusiness Small Business Banking Services Closing In Singapore
June 16, 2021  |  B2B Payments

Small businesses banking with Citi’s CitiBusiness unit won’t have the option in Singapore by mid-August as the U.S. giant shutters that division, the company said,...

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Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
June 16, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital....

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Societe Generale Taps Temenos To Modernize Corporate Banking
Societe Generale Taps Temenos To Modernize Corporate Banking
June 16, 2021  |  B2B Payments

Societe Generale has tapped banking software firm Temenos to update the account management and payment infrastructures for its global transaction banking operations in Asia and...

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