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.

Central Banks May Take Additional Time to Explore CBDCs

Central Banks May Take Additional Time to Explore CBDCs
Central Banks May Take Additional Time to Explore CBDCs
February 11, 2022  |  CBDC

The International Monetary Fund (IMF) released a paper on February 9, “Behind the Scenes of Central Bank Digital Currency,” analyzing the experiences of six central...

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BoA: Roughly 3 Million Workers Use Its Corporate Employee Banking, Investing Program
BoA: Roughly 3 Million Workers Use Its Corporate Employee Banking, Investing Program
February 10, 2022  |  Banking

Over 200 of Bank of America’s corporate and commercial clients around the U.S. — totaling 3 million employees — have adopted its Corporate Employee Banking...

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Kenya’s Central Bank Paper Lists CBDC Risks, Invites Public Comment
Kenya’s Central Bank Paper Lists CBDC Risks, Invites Public Comment
February 10, 2022  |  CBDC

In the back and forth over central bank digital currencies (CBDCs), where countries around the globe are focused on how, and even whether, to move...

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What FinTechs Need to Know About Money Mobility
What FinTechs Need to Know About Money Mobility
February 10, 2022  |  Payment Methods

The rise of embedded finance means that just about every consumer-facing app can create an account capable of receiving a deposit and making a payment,...

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Boston Fed Names University of Michigan Provost as Bank President, CEO
Boston Fed Names University of Michigan Provost as Bank President, CEO
February 09, 2022  |  Personnel

The Federal Reserve Bank of Boston has announced its next leader is Susan M. Collins, according to a press release Wednesday (Feb. 9). Get the...

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Texas-Based Amplify Credit Union Debuts Fee-Free Banking
Texas-Based Amplify Credit Union Debuts Fee-Free Banking
February 09, 2022  |  Credit Unions

Amplify Credit Union announced Wednesday (Feb. 9) that it is rolling out fee-free banking, so members won’t pay fees on checking, savings and business banking...

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Regulators Warn Banks to Prepare for a Russian Cyberattack 
Regulators Warn Banks to Prepare for a Russian Cyberattack 
February 09, 2022  |  Cybersecurity

As tension on the ground between Russia and the Ukraine intensifies, the European Central Bank (ECB) has warned financial institutions (FIs) of a possible Soviet...

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PYMNTS Intelligence: The Importance of Digital Accessibility in Enhancing Loyalty and Brand Reputation
PYMNTS Intelligence: The Importance of Digital Accessibility in Enhancing Loyalty and Brand Reputation
February 09, 2022  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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