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.

FinTech Competition Pressures Brazil’s Biggest Banks

FinTech Competition Pressures Brazil’s Biggest Banks
FinTech Competition Pressures Brazil’s Biggest Banks
April 04, 2021  |  Banking

Brazil’s big banks, long known for high rates despite occasional public outcries, are racing to modernize amid challenges posed by low interest rates, the pandemic’s...

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Bitcoin Fever May Be Stoking Interest In CBDCs
Bitcoin Fever May Be Stoking Interest In CBDCs
April 02, 2021  |  Cryptocurrency

It seems a rising bitcoin tide lifts all digital currency boats. As CNBC reported Friday morning (April 2) as bitcoin prices gain ground — and are...

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Future Innovations In Retail And Banking
Future Innovations In Retail And Banking
April 02, 2021  |  Today In Data

Used car dealership chain CarMax plans to return its capital investment to pre-pandemic levels with plans to open more stores, expand its digital efforts and...

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New Report: Open Banking Is More Than Ready For Its Full US Debut
New Report: Open Banking Is More Than Ready For Its Full US Debut
April 02, 2021  |  Banking

Open banking is a reality in the United Kingdom, and coming soon to American shores in its digital-first dazzle, in no small part built on...

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BMO, Export Development Canada Team On SMB Trade Finance
BMO, Export Development Canada Team On SMB Trade Finance
April 01, 2021  |  B2B Payments

BMO Business Banking customers can now participate in the Trade Expansion Lending Program (TELP), which is provided with the help of Export Development Canada (EDC),...

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Regulators Seek Input On FIs’ Use Of AI
Regulators Seek Input On FIs’ Use Of AI
April 01, 2021  |  Artificial Intelligence

High tech continues to make inroads in financial services, and now regulators want more insight — and input — into how technologies such as artificial...

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Malaysia’s Central Bank May Give Out 5 Digital Licenses This Year
Malaysia’s Central Bank May Give Out 5 Digital Licenses This Year
April 01, 2021  |  Digital Banking

The Malaysian central bank, Bank Negara Malaysia, reportedly may issue up to five licenses for digital banks by the first quarter of 2022. Get the...

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Eastern Caribbean Central Bank Takes CBDC Live
Eastern Caribbean Central Bank Takes CBDC Live
April 01, 2021  |  Cryptocurrency

The Eastern Caribbean Central Bank (ECCB) has unveiled its central bank digital currency DCash, making it the second central bank officially entering the CBDC realm....

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