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.
Commerzbank to Integrate PPI Platform, ISO 20022 for X-Border Payments
Commerzbank to Integrate PPI Platform, ISO 20022 for X-Border Payments
April 04, 2024  |  Banking

Commerzbank is updating its payments platform in Germany to execute cross-border payments. The bank will use the Swift network to process cross-border payments and the...

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FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
April 04, 2024  |  Banking

The fraudsters are wilier than ever. The dark web offers all manner of details up for sale, from email addresses to Social Security numbers. And...

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Investment Apps Tap Open Banking to Help Consumers Cut Costs, Maximize Returns
Investment Apps Tap Open Banking to Help Consumers Cut Costs, Maximize Returns
April 04, 2024  |  Banking

Traditional wealth management services often involve face-to-face interactions with financial advisors, extensive paperwork and opaque fee structures, making the process daunting for many potential investors....

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Technology, Government, Financial Sectors Lead First-Quarter Job Cuts
Technology, Government, Financial Sectors Lead First-Quarter Job Cuts
April 04, 2024  |  Economy

The technology, government and financial sectors made the greatest number of job cuts during the first quarter. Across all industries, U.S. employers announced 257,254 job...

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ClearBank Considers US Expansion After Hitting Profitability
ClearBank Considers US Expansion After Hitting Profitability
April 04, 2024  |  Banking

Embedded banking firm ClearBank is reportedly planning to expand into Europe and the U.S. Charles McManus, the British firm’s CEO, told Bloomberg News Thursday (April...

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Apple Accused of Limiting Russian Users’ Banking Options
Apple Accused of Limiting Russian Users’ Banking Options
April 04, 2024  |  Apple

Russia says the country’s Apple users don’t have full access to payments and banking services. As Reuters reported Thursday (April 4), Russia’s antitrust regulator, the Federal Antimonopoly Service...

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Synovus Launches ‘Future-Proof’ B2B Payments Solution
Synovus Launches ‘Future-Proof’ B2B Payments Solution
April 03, 2024  |  B2B Payments

Synovus, a bank with branches in Georgia, Alabama, South Carolina, Florida and Tennessee, has launched a new B2B payment solution that gives its commercial banking...

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PortX and eXate Team to Bolster Banks’ Data Security
PortX and eXate Team to Bolster Banks’ Data Security
April 03, 2024  |  Partnerships

Integration technology provider PortX launched a partnership with data privacy firm eXate. The collaboration is designed to strengthen financial data security and regulatory compliance across the banking sector, with an...

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Chase Shows Super App Ambitions With Media Platform Launch
Chase Shows Super App Ambitions With Media Platform Launch
April 03, 2024  |  Connected Economy

J.P. Morgan Chase unveiled its latest venture, a retail media network called Chase Media Solutions, Wednesday (April 3), marking a move toward personalized advertising within the banking...

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