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.

ECB Head Advocates EU Bank Consolidation

ECB Head Advocates EU Bank Consolidation
ECB Head Advocates EU Bank Consolidation
July 05, 2019  |  Banking

European Central Bank Supervisor Andrea Enria said that the banking system in Europe is operating with excess capacity, and that there should be some mergers...

READ MORE >
David Marcus Defends Libra As Payments Champion For The Unbanked
David Marcus Defends Libra As Payments Champion For The Unbanked
July 03, 2019  |  Cryptocurrency

The co-creator of Facebook’s recently announced cryptocurrency, Libra, said the currency was created to help the unbanked population easily access the financial system, according to...

READ MORE >
EU Nominates IMF’s Lagarde To Become President Of ECB
EU Nominates IMF’s Lagarde To Become President Of ECB
July 03, 2019  |  Banking

International Monetary Fund (IMF) chief Christine Lagarde is poised to become the first woman to run the European Central Bank (ECB). Get the Full Story...

READ MORE >
Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
July 02, 2019  |  Banking

The Financial Supervisory Authority (FSA) in Norway has fined Santander, a Spanish bank, $1 million for violating Norwegian anti-money laundering (AML) statutes, according to a...

READ MORE >
NCR Acquires D3 Technology
NCR Acquires D3 Technology
July 02, 2019  |  Banking

FinTech firm NCR Corporation has acquired D3 Technology Inc., an online and mobile banking specialist for the large financial institution (LFI) market. The acquisition of...

READ MORE >
APIs For FinTech Firms And Installment Plans
APIs For FinTech Firms And Installment Plans
July 02, 2019  |  B2B Payments

Programming innovations are making inroads, and are used by FinTech firms and banks to offer financial services to corporations and consumers. This week’s news touched on...

READ MORE >
Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
July 01, 2019  |  International

The government in Zimbabwe has said it will allow citizens of the country to withdraw amounts up to $1,000 from foreign currency accounts, in a...

READ MORE >
BIS Warns About Corporate Borrowing
BIS Warns About Corporate Borrowing
July 01, 2019  |  B2B Payments

The Bank for International Settlements (BIS) has sent out a warning about the rise in corporate borrowing, saying it could be a danger to the...

READ MORE >
BIS Debuts Innovation Hub To Help Central Banks Collaborate
BIS Debuts Innovation Hub To Help Central Banks Collaborate
July 01, 2019  |  Banking

The Bank for International Settlements (BIS) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on...

READ MORE >