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.

Virgin Money Releases Details On SMB Bank Venture Costs

Virgin Money Releases Details On SMB Bank Venture Costs
Virgin Money Releases Details On SMB Bank Venture Costs
February 28, 2018  |  B2B Payments

Virgin Money spent more than $53 million last year building up its banking solution, which the company plans to launch for small businesses (SMBs) in...

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Trade Finance Takes Hit From India’s $2 Billion Bank Fraud Fallout
Trade Finance Takes Hit From India’s $2 Billion Bank Fraud Fallout
February 28, 2018  |  B2B Payments

The fallout continues from the $2 billion fraud scandal that hit India’s financial services market, according to news from Bloomberg on Tuesday (Feb. 27), with consequences now spreading...

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Banks Doubling Down On Risk Management
Banks Doubling Down On Risk Management
February 28, 2018  |  Banking

A new survey from accounting firm Grant Thornton and the MIT Golub Center for Finance and Policy on regulatory responses in the U.S. following the...

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Today In Data: Business Travel Spend, Digital IDs And AI-Powered Banking
Today In Data: Business Travel Spend, Digital IDs And AI-Powered Banking
February 27, 2018  |  Today In Data

Today in PYMNTS data, businesses spend trillions on travel without knowing where the money goes, Nigeria’s digital identity program will cost millions more than expected...

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Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
February 27, 2018  |  B2B Payments

The U.K.’s gross domestic product (GDP) is headed for a significant boost thanks to recent Open Banking legislation, according to analysis from the Centre for...

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Borrowing By UK Corporates At Three-Year Low
Borrowing By UK Corporates At Three-Year Low
February 27, 2018  |  B2B Payments

Reports in Bloomberg on Monday (Feb. 26) said that, according to new data, businesses in the U.K. are borrowing at their lowest rate since 2015,...

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BoA To Open 500 New Retail Branches
BoA To Open 500 New Retail Branches
February 27, 2018  |  Banking

Bank of America (BoA) announced news on Monday (Feb. 26) that it’s opening more than 500 new branches across the U.S. over the course of the...

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BoA Turns Up Heat On Gun Makers
BoA Turns Up Heat On Gun Makers
February 26, 2018  |  Banking

Bank of America is taking a closer to look at its clients that make guns after the shooting at a high school in Parkland, Florida...

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JPMC’s CFO Marianne Lake Emerges As Contender To Replace Dimon
JPMC’s CFO Marianne Lake Emerges As Contender To Replace Dimon
February 26, 2018  |  Personnel

JPMorgan Chase’s chief financial officer has emerged as the top contender to replace the company’s current Chairman and Chief Executive James Dimon, who will step...

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