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.

It’s Time For Cloud Banking
It’s Time For Cloud Banking
August 04, 2020  |  Cloud Banking

Financial institutions (FIs) and every other manner of business is right now learning a lesson in resiliency, for good or ill. As reports of how...

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HSBC Sees Profits Fall As Bad Debts Top $6B
HSBC Sees Profits Fall As Bad Debts Top $6B
August 03, 2020  |  Banking

HSBC, Europe’s biggest bank, has seen its profits plunge in the first six months of 2020, squeezed by low interest rates and the COVD-19 pandemic,...

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Betterment Debuts Cash Goals Feature To Help Users Save
Betterment Debuts Cash Goals Feature To Help Users Save
July 30, 2020  |  Banking

To assist its banking users in putting aside funds for set aims, Betterment is rolling out a new Betterment Cash Goals feature. Users can see...

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Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
July 29, 2020  |  International

With the economic and political battles between the U.S. and China heating to a boil, one of China’s top banks is urging financial institutions (FIs)...

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Study: US, EU Banks Could Take $880B COVID-Related Loan Loss Hit
Study: US, EU Banks Could Take $880B COVID-Related Loan Loss Hit
July 29, 2020  |  International

U.S. bank profits are at double the risk for loan losses than their European counterparts, according to the Financial Times on Tuesday (July 28). Get...

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ECB Says EU Banks May Be In Trouble If Economic Crisis Worsens
ECB Says EU Banks May Be In Trouble If Economic Crisis Worsens
July 28, 2020  |  Economy

The European Central Bank (ECB) is warning its members could face more challenges if the economic crisis deepens, CNBC reported. Get the Full Story Complete...

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California Bill Offers Banking Support For Cannabis Businesses
California Bill Offers Banking Support For Cannabis Businesses
July 27, 2020  |  Bank Regulation

A proposed new California bill, AB 1525, would give banking institutions and accountants the green light to work with cannabis businesses. Get the Full Story Complete...

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Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit In Australia
Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit...
July 27, 2020  |  News

In today’s top news, economists say the U.S. economy could take two years to recover, and Google faces a lawsuit in Australia over its use...

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Digital-First Banking Leads Contactless Charge
Digital-First Banking Leads Contactless Charge
July 27, 2020  |  Digital-First Banking

Touchless. Contactless. These are the adjectives attending COVID-19 everywhere we find it — or fear it. And while it can be fairly said that good...

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