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 To Sell Asset Management Business For $2.1 Billion

Wells Fargo To Sell Asset Management Business For $2.1 Billion
Wells Fargo To Sell Asset Management Business For $2.1 Billion
February 23, 2021  |  Acquiring

San Francisco-based Wells Fargo announced on Tuesday (Feb. 23) that it had reached an agreement to sell its asset management business for $2.1 billion to...

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Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
February 23, 2021  |  Payment Methods

Lloyds Bank credit card holders, including Halifax and the Bank of Scotland, can now use Mastercard’s Open Banking Connect to transfer funds, make withdrawals and...

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Today In Digital-First Banking: Brex Seeks Bank Charter; MYBank Enrolls In Digital Yuan Test Drives
Today In Digital-First Banking: Brex Seeks Bank Charter; MYBank Enrolls In Digital Yuan Test Drives
February 22, 2021  |  Banking

In today’s top news in digital-first banking, Brex has filed to open an industrial bank in Utah, while MYBank is getting in on China’s moves...

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Digital Dollar Exploration Gets Backing From Treasury Secretary Yellen
Digital Dollar Exploration Gets Backing From Treasury Secretary Yellen
February 22, 2021  |  Digital Payments

Full steam ahead for the digital dollar — but no go for bitcoin as (widespread) transaction mechanism? Get the Full Story Complete the form to...

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Digital Banking Apps Play Chutes And Ladders In Latest Provider Ranking
Digital Banking Apps Play Chutes And Ladders In Latest Provider Ranking
February 22, 2021  |  Mobile

Automation, personalization and the promise of real-time (or at least near real-time) payments all add to the gravitational pull that banking apps exert on the...

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How Real-Time Request-For-Payment Features Can Ease Cash Flow Strains
How Real-Time Request-For-Payment Features Can Ease Cash Flow Strains
February 22, 2021  |  Real-Time Payments

Late payments can sink businesses, but there is a fix: request-for-payment that allows consumers to pay and billers to instantly receive funds. Hisham Salama, executive...

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TransferWise Rebrands To Wise
TransferWise Rebrands To Wise
February 22, 2021  |  Cross-border Payments

TransferWise will change its name to simply Wise, a press release says, which will reflect the broader change of the company beyond its original roots as...

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FinTech Brex Applies For Bank Charter
FinTech Brex Applies For Bank Charter
February 21, 2021  |  Banking

San Francisco-based Brex, which makes financial management software for businesses, announced Friday (Feb. 19) it has filed to open an industrial bank in Utah, according...

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