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.

Spain’s BBVA Backs Brazil’s Digital Bank Neon Payments With $300M

Spain’s BBVA Backs Brazil’s Digital Bank Neon Payments With $300M
Spain’s BBVA Backs Brazil’s Digital Bank Neon Payments With $300M
February 14, 2022  |  Investments

Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million (€263 million) investment, giving the legacy financial institution an additional 21.7%...

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FinTechs Throw API Lifelines to Banks to Meet Commercial Client Needs
FinTechs Throw API Lifelines to Banks to Meet Commercial Client Needs
February 14, 2022  |  Banking

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TD Bank Freezes 2 Bank Accounts Supporting Canadian Protests
TD Bank Freezes 2 Bank Accounts Supporting Canadian Protests
February 13, 2022  |  Banking

Toronto-Dominion Bank (TD) has frozen two personal bank accounts that had C$1.4 million deposited to support protesters of the Canadian government’s pandemic measures, a report...

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FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
February 13, 2022  |  Legal & Regulation

Sarah Bloom Raskin, a Biden nominee for the Fed’s top banking position, has the co-founder of Reserve Trust defending her over charges that she’s had...

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Spanish Banking Group Sabadell Considers Selling Payments Business
Spanish Banking Group Sabadell Considers Selling Payments Business
February 13, 2022  |  Cross-border Payments

Banco de Sabadell will be looking into selling its payments business, Bloomberg reported Friday (Feb. 11), citing anonymous sources. Get the Full Story Complete the...

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Italy’s UniCredit Weighs Strategy Amid Bid Rumors for BPM
Italy’s UniCredit Weighs Strategy Amid Bid Rumors for BPM
February 13, 2022  |  Cross-border Payments

Italy’s second-largest bank, UniCredit, is weighing its options following reports it was making moves to snag rival Banco BPM. Get the Full Story Complete the...

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FDIC Study: Banks With Advanced Tech Made More PPP Loans
FDIC Study: Banks With Advanced Tech Made More PPP Loans
February 11, 2022  |  Banking

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Regulator: China Commercial Banks’ Bad Loan Ratio Drops
Regulator: China Commercial Banks’ Bad Loan Ratio Drops
February 11, 2022  |  Cross-border Payments

The ratio of bad loans originated from China’s commercial banks fell 0.02 basis points to 1.73% at end of December compared to the percentage from...

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