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.

Today In Payments: Brazil Central Bank Shuts WhatsApp Payments; Visa’s SMB Hub Launches With PayPal, Freshbooks

Today In Payments: Brazil Central Bank Shuts WhatsApp Payments; Visa’s SMB Hub Launches With PayPal, Freshbooks
Today In Payments: Brazil Central Bank Shuts WhatsApp Payments; Visa’s SMB Hub Launches With PayPal,...
June 24, 2020  |  News

In today’s top news, Brazil’s central bank suspended WhatsApp’s payment feature, and Visa launched its online resource hub for small and medium-sized businesses (SMBs). Plus,...

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Taking New Approaches To Retail And Microbusiness Banking
Taking New Approaches To Retail And Microbusiness Banking
June 24, 2020  |  Today In Data

Merchants are focusing on re-engaging shoppers now that brick-and-mortar retailers are reopening across the United States. In eCommerce, in an effort to attract and retain online customers,...

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Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
June 24, 2020  |  Investments

Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund,...

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Zopa Secures UK Banking License
Zopa Secures UK Banking License
June 24, 2020  |  Bank Regulation

Zopa, the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial...

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NEW DATA: How Credit Unions Are Innovating To Help Micro Businesses
NEW DATA: How Credit Unions Are Innovating To Help Micro Businesses
June 23, 2020  |  Credit Unions

Microbusinesses are firms that either generate less than $1 million in annual revenue or are operated by a single individual. They may be small, but...

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HSBC Brings Remote Account Opening To Hong Kong SMBs
HSBC Brings Remote Account Opening To Hong Kong SMBs
June 22, 2020  |  B2B Payments

To let companies open business accounts online, HSBC rolled out Hong Kong’s inaugural remote business account opening process designed for small- to medium-sized businesses (SMBs),...

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Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
June 22, 2020  |  News

In today’s top news, Wirecard says the missing $2.1 billion from its Philippines accounts probably never existed, and checkout.com raised $150 million. Plus, U.S. consumers...

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US Banks Saw $2T Increase In Deposits During Pandemic
US Banks Saw $2T Increase In Deposits During Pandemic
June 22, 2020  |  Banking

A record $2 trillion has been deposited into U.S. bank accounts since the coronavirus first hit the U.S. in January, according to a report by...

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Chesapeake Bank Joins The Clearing House’s RTP Network
Chesapeake Bank Joins The Clearing House’s RTP Network
June 21, 2020  |  B2B Payments

Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments...

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