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: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus
Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of...
February 20, 2020  |  News

In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman Sachs warns that...

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Green Dot Stock Up After Upbeat Earnings Report
Green Dot Stock Up After Upbeat Earnings Report
February 20, 2020  |  Earnings

Green Dot reported its earnings for its fourth quarter ending Dec. 31, 2019, with total operating revenues of $249.3 million, showing a slight uptick from...

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New Data: Banks Could Lose A Quarter Of Their Customers To Tech Giants
New Data: Banks Could Lose A Quarter Of Their Customers To Tech Giants
February 20, 2020  |  Mobile Applications

Google, Amazon and Apple already loom large in nearly every area of consumers’ lives, whether in the form of smart speakers, cloud-computing or content streaming...

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Citi Joins Trade Finance Network
Citi Joins Trade Finance Network
February 20, 2020  |  B2B Payments

Citi is signing on to Contour’s blockchain-driven trade finance network, Contour announced in a press release on Sunday (Feb. 16). The bank joins numerous banking giants...

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MUFG Invests $700M In Ride-Hailing Grab To Create Super-App
MUFG Invests $700M In Ride-Hailing Grab To Create Super-App
February 19, 2020  |  Investments

The largest bank in Japan, Mitsubishi UFJ Financial Group (MUFG), has invested over $700 million in Grab, a ride-hailing company in Southeast Asia that also...

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LendingClub CEO Heralds ‘Transformative’ Radius Bank Buy
LendingClub CEO Heralds ‘Transformative’ Radius Bank Buy
February 19, 2020  |  Earnings

LendingClub on Tuesday (Feb. 18) posted results that showed continued growth in loan originations, up mid-single-digit percentages year over year – results that were possibly...

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FinTech LendingClub Buys Radius Bank For $185M
FinTech LendingClub Buys Radius Bank For $185M
February 18, 2020  |  Partnerships / Acquisitions

FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. Get the Full Story Complete the...

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HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  International

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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Joint Venture Delivers Payments To Singapore
Joint Venture Delivers Payments To Singapore
February 14, 2020  |  B2B Payments

British bank Standard Chartered and payments firm Assembly Payments have established a joint venture in Singapore to bring payment solutions to its $29 trillion global...

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