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.

Keeping The AI On ATMs
Keeping The AI On ATMs
March 20, 2020  |  Banking

Consumers depend on ATMs but like any mechanical device, they can break down. Rich Johnstun, head of service technology and innovation at Diebold Nixdorf, foresees...

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Sweden Fines Swedbank $386M For AML Missteps
Sweden Fines Swedbank $386M For AML Missteps
March 20, 2020  |  International

Sweden’s oldest retail bank will face a hefty $386 million fine for a scandal that erupted last year over the bank’s poor handling of money...

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US Regulators To Reward Banks For Low-Income Lending
US Regulators To Reward Banks For Low-Income Lending
March 19, 2020  |  Loans

Banking regulators on Thursday (March 19) said they are going to give banks credit for letting lower-income Americans borrow money during the coronavirus pandemic, according...

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JPMorgan First Big Bank To Shutter Branches As Virus Spreads
JPMorgan First Big Bank To Shutter Branches As Virus Spreads
March 19, 2020  |  Coronavirus

JPMorgan Chase is temporarily closing 1,000 branches — about 20 percent of its locations — in the wake of the coronavirus, according to a report...

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Why Mobile Card Apps Must Be More Than ‘A Nice Little Tool’ For FIs
Why Mobile Card Apps Must Be More Than ‘A Nice Little Tool’ For FIs
March 18, 2020  |  Digital Banking

While fast, explosive and unexpected change is almost impossible to miss — the global domino effect the coronavirus has kicked off being the most obvious...

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Penta Lands $20M For Corporate Banking Tech
Penta Lands $20M For Corporate Banking Tech
March 17, 2020  |  B2B Payments

Germany’s Penta, which works in banking for small- to medium-sized businesses (SMBs), has completed a 18.5-million-euro ($20.4 million) funding round, according to a TechCrunch report....

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Monzo’s Business Banking Account Offering Goes Live
Monzo’s Business Banking Account Offering Goes Live
March 17, 2020  |  B2B Payments

U.K. challenger bank Monzo has launched business bank accounts this week after a year-long trial period in which 2,500 customers got early access, according to a...

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Revolut Rolls Out Banking App For Kids
Revolut Rolls Out Banking App For Kids
March 17, 2020  |  Financial Inclusion

With new mobile app Revolut Junior, global finance platform Revolut wants to get children into the money business, according to a press release. Get the...

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European Bank Branches Close, Limit Hours
European Bank Branches Close, Limit Hours
March 16, 2020  |  Coronavirus

The coronavirus could have far-reaching effects on grocery stores, entertainment and banking, while boosting delivery services and identity verification services. Here are the latest updates...

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