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.

BIS Debuts Innovation Hub To Help Central Banks Collaborate

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...

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New Wells Office To Focus On Regulation
New Wells Office To Focus On Regulation
June 30, 2019  |  Banking

To continue fueling its transformation and focus on priorities of a regulatory nature, Wells Fargo has reportedly formed a new office. The Strategic Execution and...

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Why PayPal Agreed To Take A Seat At Libra’s Table
Why PayPal Agreed To Take A Seat At Libra’s Table
June 28, 2019  |  Facebook

In the aftermath of Facebook’s unveiling of Libra and its Calibra wallet, among the many questions raised was how it managed to get so many...

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India-Based Banking Startup Open Raises $30M To Help SMBs
India-Based Banking Startup Open Raises $30M To Help SMBs
June 25, 2019  |  Investments

A “neo-bank” startup called Open and based in Bangalore has raised $30 million in a Series B funding round, according to a report by TechCrunch....

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FairFX Licensed To Enter Biz Lending Space
FairFX Licensed To Enter Biz Lending Space
June 24, 2019  |  Loans

FairFX Group, through its subsidiary Spectrum Payment Services, announced that it has been licensed to provide credit facilities as a broker, allowing it to offer...

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BoE Mulls FinTech Access Amid Brexit Uncertainty
BoE Mulls FinTech Access Amid Brexit Uncertainty
June 21, 2019  |  Banking

The Bank of England may open its doors to tech companies and payment firms, and the move could potentially boost the U.K.’s $9 billion FinTech...

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Banks Bring Coffee Shops To New Branches
Banks Bring Coffee Shops To New Branches
June 21, 2019  |  Retail

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials...

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JPMC Marks X-Border Milestone In China
JPMC Marks X-Border Milestone In China
June 21, 2019  |  Payments Innovation

JPMorgan has announced the launch of its E-Customs Payment Solution, making it the first foreign bank in China to fully digitize and automate cross-border payments...

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Can Legal Pot Thrive With Closed-Loop Payments?
Can Legal Pot Thrive With Closed-Loop Payments?
June 21, 2019  |  Payment Methods

People can say what they will about the wisdom of legal retail sales of marijuana (we here at PYMNTS take no position), but the payments...

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