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.

Why Digital Finance Can’t Oust Cash In The Middle East And Africa
Why Digital Finance Can’t Oust Cash In The Middle East And Africa
September 11, 2018  |  Cash

Digital financial services are looking at an uphill climb in beating cash use in countries like Turkey, despite the undeniable growth of digital payment methods...

READ MORE >
Denmark Wants To Toughen Up Money Laundering Fines
Denmark Wants To Toughen Up Money Laundering Fines
September 11, 2018  |  International

Denmark is working on new legislation that will increase money laundering fines by about eightfold. According to Bloomberg, the new bill by the Danish Financial Supervisory...

READ MORE >
SWIFT Announces Pre-Validation Service For SWIFT gpi Payments
SWIFT Announces Pre-Validation Service For SWIFT gpi Payments
September 11, 2018  |  Banking

SWIFT is gearing up to roll out a pre-validation service that will enable customers to pinpoint and resolve errors that delay payment messages before they...

READ MORE >
Prospa Bends To Regs’ Unfair Contract Claims
Prospa Bends To Regs’ Unfair Contract Claims
September 10, 2018  |  B2B Payments

Weeks after Australia alternative lending platform Prospa cancelled its IPO, amid backlash over contractual agreements with borrowers, the company has bowed to regulators’ demands that...

READ MORE >
Temenos Kicks Off Challenger Banking In Greece
Temenos Kicks Off Challenger Banking In Greece
September 07, 2018  |  B2B Payments

Greece’s first challenger bank has chosen bank technology provider Temenos to implement its core banking technology, according to reports in Global Banking & Finance Review...

READ MORE >
JPMorgan Poised To Dethrone Wells, Claim Largest US Bank Title
JPMorgan Poised To Dethrone Wells, Claim Largest US Bank Title
September 06, 2018  |  Banking

There’s a good chance that JPMorgan Chase could soon become the largest U.S. bank in terms of outstanding loans, dethroning current champ Wells Fargo. Get...

READ MORE >
Chinese Consumers Turn To Bank Deposits For Financial Security
Chinese Consumers Turn To Bank Deposits For Financial Security
September 06, 2018  |  Banking

More Chinese consumers are choosing to deposit their money into traditional banks as they turn away from higher-yielding assets in favor of financial security. According...

READ MORE >
Community Bank Lending To SMBs On The Upswing
Community Bank Lending To SMBs On The Upswing
September 06, 2018  |  Loans

New data shows that community banks lending to small businesses has increased in recent years. The U.S. Government Accountability Office (GAO) analyzed community bank lending and financial...

READ MORE >
Brazil Economy Hobbled By High Banking Lending Rates
Brazil Economy Hobbled By High Banking Lending Rates
September 03, 2018  |  International

Brazil’s economy is being hobbled by average banking lending rates that are the highest of all the 55 developed and underdeveloped countries around the globe,...

READ MORE >