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.

Real-Time Payments Go Live At ESL Federal Credit Union

Real-Time Payments Go Live At ESL Federal Credit Union
Real-Time Payments Go Live At ESL Federal Credit Union
December 17, 2020  |  Credit Unions

ESL Federal Credit Union, through a team effort with other organizations, has gone live with real-time payments on the RTP network. ESL has more than...

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Bank-FinTech Collaborations Digitize Trade Finance, Enhance Online Banking
Bank-FinTech Collaborations Digitize Trade Finance, Enhance Online Banking
December 17, 2020  |  B2B Payments

Bank-FinTech collaborations continue to go strong as financial institutions (FIs) focus on digitizing documents and processes, while providing enhanced digital banking experiences to their small...

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Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
December 16, 2020  |  ANTITRUST

According to Mexican regulators, the two companies in charge of the country’s credit and debit settlements represent “a near monopoly,” and big businesses need to...

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Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects i2c To Power Private Banking Services
Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects...
December 16, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc....

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FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account
FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account
December 15, 2020  |  Bitcoin

Bank software and payment technology giant FIS is teaming up with a New York-based digital bank to launch a rewards card where users can earn...

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UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...

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Omnichannel Strategies Preserve The Best Of In-Branch And Digital-First Banking
Omnichannel Strategies Preserve The Best Of In-Branch And Digital-First Banking
December 15, 2020  |  Digital-First Banking

That banking customers migrated to smartphones and apps in droves as a matter of necessity is now a matter of history. Going forward, digital experience...

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Credit Unions Revisit Branch Experience In Digital-First Economy
Credit Unions Revisit Branch Experience In Digital-First Economy
December 15, 2020  |  Credit Unions

The pandemic has brought seismic changes to the way credit unions interact with their members. Digital transformation is among the most noticeable changes, but it doesn’t...

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Today In Digital-First Banking: Huntington Merges With TCF Financial; Revolut Launches Four New Crypto Tokens
Today In Digital-First Banking: Huntington Merges With TCF Financial; Revolut Launches Four New Crypto Tokens
December 14, 2020  |  Digital Banking

In today’s top news in digital-first banking, Huntington Bancshares is joining forces with TCF Financial in a $22 billion deal, while Revolut has rolled out four...

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