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.

What’s Ahead for Financial Services In A Biden Administration?
What’s Ahead for Financial Services In A Biden Administration?
November 09, 2020  |  Regulation

The transition into a new presidential administration heralds changes, with some gradual — and in other cases, sweeping — shifts in financial services. Get the Full...

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FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
November 09, 2020  |  Banking

An international watchdog group is cautioning banks about the risks involved with outsourcing key technology. The Financial Stability Board (FSB) warned, in particular, “about the...

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Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving
Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving
November 09, 2020  |  Disbursements

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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Blockchain Lending Firm Figure Seeks National Bank Charter
Blockchain Lending Firm Figure Seeks National Bank Charter
November 06, 2020  |  Banking

Financial services firm Figure Technologies, Inc. has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let...

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UK Digital Bank Starling Launches New Capital Drive As Founder Anne Boden Eyes IPO
UK Digital Bank Starling Launches New Capital Drive As Founder Anne Boden Eyes IPO
November 06, 2020  |  Digital Banking

Starling Bank is pushing ahead with plans to raise another $263 million as the U.K.-based digital bank looks to fuel additional expansion in its home...

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Virtual IBANs Remove Friction From Cross-Border, B2B Payments
Virtual IBANs Remove Friction From Cross-Border, B2B Payments
November 06, 2020  |  Digital-First Banking

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to...

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UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
November 05, 2020  |  Security & Fraud

The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead...

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Commerzbank Warns Of Pandemic-Related Bankruptcies In 2021
Commerzbank Warns Of Pandemic-Related Bankruptcies In 2021
November 05, 2020  |  Banking

Commerzbank, Germany’s second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global...

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SMB Banking-as-a-Service Ushers In Bank-FinTech Collaboration
SMB Banking-as-a-Service Ushers In Bank-FinTech Collaboration
November 05, 2020  |  B2B Payments

Small business Banking-as-a-Service rises to the top in this week’s roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured...

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