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.

Rho Technologies Raises $15 Million For AP Integration

Rho Technologies Raises $15 Million For AP Integration
Rho Technologies Raises $15 Million For AP Integration
January 13, 2021  |  B2B Payments

Rho Technologies, the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. Get the Full...

READ MORE >
Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv
Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv
January 13, 2021  |  Digital Banking

In today’s top digital-first banking news, Singapore tech startup Sea has reportedly bought Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE), while credit union service organization...

READ MORE >
Citi Taps Khaliq To Lead Treasury And Trade Solutions
Citi Taps Khaliq To Lead Treasury And Trade Solutions
January 13, 2021  |  Personnel

Citi has named Shahmir Khaliq as its new head of Treasury and Trade Solutions (TTS), according to an internal memo from Paco Ybarra, global head...

READ MORE >
Singapore Tech Startup Sea Buys Indonesian Bank BKE
Singapore Tech Startup Sea Buys Indonesian Bank BKE
January 13, 2021  |  Partnerships / Acquisitions

Singapore tech startup Sea has acquired Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE) for an undisclosed amount, Bloomberg reported on Wednesday (Jan. 13), citing unnamed...

READ MORE >
Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
January 13, 2021  |  Earnings

The start of earnings season typically is marked by banks’ reports – and a slew of them report this week, clustered on Friday (Jan. 15)....

READ MORE >
FinTechs, FIs Uniting Over Distributed Banking For Disbursements
FinTechs, FIs Uniting Over Distributed Banking For Disbursements
January 13, 2021  |  Disbursements

Ingo Money CEO Drew Edwards recently told PYMNTS that “Historically, banks have viewed FinTechs through an ‘us versus them’ lens — and rightly so, because,...

READ MORE >
Wells River Savings Bank To Access TCH’s RTP Network
Wells River Savings Bank To Access TCH’s RTP Network
January 12, 2021  |  Banking

Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc., according to a Tuesday (Jan....

READ MORE >
Open Banking Matures As FIs Eye Commercialization
Open Banking Matures As FIs Eye Commercialization
January 12, 2021  |  B2B Payments

More jurisdictions around the world are making headway in their open banking plans, and as this week’s roundup reveals, markets’ initiatives are maturing. While Saudi...

READ MORE >
US Banks’ Q4 Profits May Drop Up To 40 Pct
US Banks’ Q4 Profits May Drop Up To 40 Pct
January 11, 2021  |  Earnings

When the largest banks in the U.S. start reporting fourth-quarter results, it is expected that profits will be down by as much as 40 percent...

READ MORE >