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.

ATMs Are Ahead Of Their Time — Again
ATMs Are Ahead Of Their Time — Again
February 03, 2020  |  Digital Banking

The automated teller machine (ATM) debuted 51 years ago in the U.S., dispensing small preset amounts of cash … and that’s about it. They quickly...

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APIs May Be The Key To Singapore’s Open Banking Future
APIs May Be The Key To Singapore’s Open Banking Future
February 03, 2020  |  Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Proposed Fed Rules Could Allow Banks To Fund Startups
Proposed Fed Rules Could Allow Banks To Fund Startups
February 02, 2020  |  B2B Payments

A proposed change to a post-financial crisis rule could shake things up for banks, making it easier for them to invest in or sponsor venture...

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India Bankers Seek Removal Of Fees On UPI, RuPay Transactions
India Bankers Seek Removal Of Fees On UPI, RuPay Transactions
January 28, 2020  |  International

In India, call it the war of the fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Top News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches 15-Minute Grocery Delivery
Top News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches...
January 28, 2020  |  News

In today’s top payments news, the U.K.’s Financial Conduct Authority (FCA) is questioning banks about a recent spike in overdraft fees, Yandex launches 15-minute grocery...

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UK FCA Asks Banks To Explain High Overdraft Fees
UK FCA Asks Banks To Explain High Overdraft Fees
January 28, 2020  |  International

The U.K.’s Financial Conduct Authority (FCA) is questioning banks about recently-hiked overdraft fees, some as high as 40 percent and 10 times the cost of...

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EU Regulator Loosens Requirements For Bank Mergers
EU Regulator Loosens Requirements For Bank Mergers
January 26, 2020  |  Bank Regulation

Europe’s main banking regulator, an arm of the ECB, is trying to make it easier for the continent’s financial lenders to merge. Get the Full...

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German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
German Neobank N26 Sees 40 Pct. Customer Increase Since Summer
January 24, 2020  |  Digital Banking

German smartphone bank N26, valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew...

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MoneyGram, Suez Canal Bank Team To Enable Egypt Money Transfers
MoneyGram, Suez Canal Bank Team To Enable Egypt Money Transfers
January 23, 2020  |  Partnerships / Acquisitions

MoneyGram has partnered with Suez Canal Bank to let customers send money right into Egyptian bank accounts, according to a press release. Get the Full...

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