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.

A Bank By Any Other Name: FinTechs Spark Debate

A Bank By Any Other Name: FinTechs Spark Debate
A Bank By Any Other Name: FinTechs Spark Debate
May 06, 2021  |  Banking

While often referred to as a leading digital bank, Chime is not technically a bank and will no longer be referring to itself as one...

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New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
May 06, 2021  |  Artificial Intelligence

If it seems like companies are slapping artificial intelligence (AI) onto everything in the pandemic era, it’s because so many are. To gauge the focus...

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Chime Stops Using Word ‘Bank’ After Regulator’s Pushback
Chime Stops Using Word ‘Bank’ After Regulator’s Pushback
May 05, 2021  |  Legal & Regulation

Chime has been forced to ditch the use of the word “bank” in describing its services as it is not properly licensed, a court filing...

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Today In Digital-First Banking: FIS, NYDIG Collaborate On Bitcoin; Zelle Processes $106 Billion In Q1
Today In Digital-First Banking: FIS, NYDIG Collaborate On Bitcoin; Zelle Processes $106 Billion In Q1
May 05, 2021  |  Banking

In today’s top news in digital-first banking, FIS is working with NYDIG on bitcoin, while Zelle processed 392 million transactions in Q1 2021. Plus, big...

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FIS Teams With NYDIG To Allow Bitcoin Purchases From Bank Accounts
FIS Teams With NYDIG To Allow Bitcoin Purchases From Bank Accounts
May 05, 2021  |  Bitcoin

The FinTech company FIS said it can provide banks with an “industry-first solution” to give customers the ability to buy, sell and hold bitcoin using...

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The Real Reason Banks Miss Out On Millennial Insurance Sales
The Real Reason Banks Miss Out On Millennial Insurance Sales
May 05, 2021  |  Banking

Talk about low-hanging fruit. Banks have an untapped sales opportunity right in front of them — one that leverages what they do best, with a...

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Digital Technology Boosts Retail, Banking Innovation
Digital Technology Boosts Retail, Banking Innovation
May 04, 2021  |  Today In Data

Estée Lauder reported that “soft demand” for makeup and continued coronavirus outbreaks across the globe crimped its newest results, but it reported rises in online sales in the...

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Big Banks Look To Lower Corporate Deposits
Big Banks Look To Lower Corporate Deposits
May 04, 2021  |  Banking

JPMorgan Chase and Citigroup are among a number of big banks in the U.S. making a move to unload cash, and have asked some corporate...

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