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.

Wells Fargo CEO Reorganizes Business Units
Wells Fargo CEO Reorganizes Business Units
February 12, 2020  |  Personnel

Wells Fargo executive Charles Scharf wants to stamp out any hint of scandal by redoing the company’s reporting lines, splitting the banking giant’s three divisions...

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Bitcoin Daily: Trump Plans To Expand Crypto Policing; Crypto Startup Asks For UK Bank License
Bitcoin Daily: Trump Plans To Expand Crypto Policing; Crypto Startup Asks For UK Bank License
February 11, 2020  |  Bitcoin

In the U.S., President Trump’s Fiscal Year 2021 budget, sitting at $4.8 trillion as of this week, proposes expanding the Treasury Department’s oversight of cryptocurrency....

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B2B APIs Make More Connections
B2B APIs Make More Connections
February 10, 2020  |  API

Lingering issues of trust and a foggy regulatory climate continue to hold up B2B adoption of faster payments among financial institutions (FIs), but nothing can...

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BoA Brings QuickBooks, G Suite Into Small Business Platform
BoA Brings QuickBooks, G Suite Into Small Business Platform
February 07, 2020  |  B2B Payments

Bank of America can now integrate data from key third-party business applications on its Business Advantage 360 platform to offer a more complete financial picture for...

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Lawmakers Grill Consumer Groups On ‘Rent-A-Bank’ Schemes
Lawmakers Grill Consumer Groups On ‘Rent-A-Bank’ Schemes
February 06, 2020  |  Bank Regulation

At a Wednesday (Feb. 5) hearing before the House Financial Services Committee, representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending....

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Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks
Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks
February 05, 2020  |  Banking

In finance, accounting is everything. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Top News In Payments: Tougher Criteria For 2020 Business Loans; Wordline To Buy Ingenico
Top News In Payments: Tougher Criteria For 2020 Business Loans; Wordline To Buy Ingenico
February 04, 2020  |  News

In today’s top news, U.S. banks are expected to tighten standards for 2020 business loans, Wordline is buying rival payments firm Ingenico, and Alphabet released...

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Remitly Taps Immigrant Market With New Passbook Banking Service
Remitly Taps Immigrant Market With New Passbook Banking Service
February 03, 2020  |  Banking

Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. 3). Get the Full...

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New UK Farmers’ Bank Gets License, Funding
New UK Farmers’ Bank Gets License, Funding
February 03, 2020  |  Banking

A new British bank that will launch later in 2020 is aimed at securing funding for farmers, according to a report. Get the Full Story...

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