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.

Opportunity Fund Teams With CUs For SMB Lending Campaign

Opportunity Fund Teams With CUs For SMB Lending Campaign
Opportunity Fund Teams With CUs For SMB Lending Campaign
January 05, 2021  |  B2B Payments

Longtime small business microlender Opportunity Fund is teaming up with a trio of credit unions (CUs) as part of the nonprofit’s bid to invest $1...

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Today In Digital-First Banking: Oxygen Lands $17 Million Series A; SVB Financial To Buy Boston Private Financial Holdings
Today In Digital-First Banking: Oxygen Lands $17 Million Series A; SVB Financial To Buy Boston...
January 05, 2021  |  Digital Banking

In today’s top news in digital-first banking, Oxygen has completed a $17 million Series A funding round, while SVB Financial Group plans to acquire Boston...

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US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
January 05, 2021  |  Banking

The U.S. Office of the Comptroller of Currency has stated that national banks and federal savings associations can participate in independent node verification networks (INVNs)...

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China’s Bank Regulators Move To Shore Up At-Risk Rural Banks
China’s Bank Regulators Move To Shore Up At-Risk Rural Banks
January 05, 2021  |  Bank Regulation

China’s Banking and Insurance Regulatory Commission (CBIRC) is encouraging investors such as companies and non-bank financial groups to acquire and provide additional capital to shore...

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SVB Financial Plans To Acquire Boston Private Financial For $900 Million
SVB Financial Plans To Acquire Boston Private Financial For $900 Million
January 05, 2021  |  Acquiring

SVB Financial Group plans to acquire Boston Private Financial Holdings for about $900 million. The merger deal means that Boston Private shareholders would get 0.0228...

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Sweeping Bad Actors Out Of The Trusted Debit Space
Sweeping Bad Actors Out Of The Trusted Debit Space
January 05, 2021  |  Next-Gen Debit

Did you know that 80 percent of customers prefer debit cards for everyday purchases? Or that as the average customer spends up to 100 percent...

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Bank-FinTech Collaborations Set Stage For Real-Time Payments Expansion
Bank-FinTech Collaborations Set Stage For Real-Time Payments Expansion
January 05, 2021  |  Banking

The financial services ecosystem has evolved to a state where traditional financial institutions (FIs) and FinTechs, which once had been vying for the mind share...

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Wells Fargo Looks To Expand Wall Street Presence
Wells Fargo Looks To Expand Wall Street Presence
January 04, 2021  |  Banking

Wells Fargo, despite not being generally perceived as a leader in the world of trading and dealmaking, will push more to boost its investment bank...

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Today In Digital-First Banking: Banks Ask UK To Raise Cap On Contactless Payments; Bank of Jamaica Drafts Rules For ePayments
Today In Digital-First Banking: Banks Ask UK To Raise Cap On Contactless Payments; Bank of...
January 04, 2021  |  Digital Banking

In today’s top news in digital-first banking, the United Kingdom might increase its limit on contactless payments, while The Bank of Jamaica has drafted regulations...

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