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.

HSBC Brings Remote Account Opening To Hong Kong SMBs

HSBC Brings Remote Account Opening To Hong Kong SMBs
HSBC Brings Remote Account Opening To Hong Kong SMBs
June 22, 2020  |  B2B Payments

To let companies open business accounts online, HSBC rolled out Hong Kong’s inaugural remote business account opening process designed for small- to medium-sized businesses (SMBs),...

READ MORE >
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
June 22, 2020  |  News

In today’s top news, Wirecard says the missing $2.1 billion from its Philippines accounts probably never existed, and checkout.com raised $150 million. Plus, U.S. consumers...

READ MORE >
US Banks Saw $2T Increase In Deposits During Pandemic
US Banks Saw $2T Increase In Deposits During Pandemic
June 22, 2020  |  Banking

A record $2 trillion has been deposited into U.S. bank accounts since the coronavirus first hit the U.S. in January, according to a report by...

READ MORE >
Chesapeake Bank Joins The Clearing House’s RTP Network
Chesapeake Bank Joins The Clearing House’s RTP Network
June 21, 2020  |  B2B Payments

Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments...

READ MORE >
Profile Software Unveils FX Risk Management Tool
Profile Software Unveils FX Risk Management Tool
June 19, 2020  |  B2B Payments

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumennet eFX offering. The technology was created...

READ MORE >
The Better Mobile Banking App
The Better Mobile Banking App
June 19, 2020  |  Mobile

The intrinsic worth of payments cards is typically defined by consumer perceptions around convenience, speed, security and rewards. Those factors still rank highly, but technological...

READ MORE >
Surecomp Rolls Out Fastrade Tool For SMB Trade Finance
Surecomp Rolls Out Fastrade Tool For SMB Trade Finance
June 18, 2020  |  B2B Payments

To let financial institutions provide trade finance functions to their small and medium-sized business (SMB) customers, Toronto-based Surecomp has rolled out its Fastrade front office...

READ MORE >
Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs
Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs
June 18, 2020  |  B2B Payments

With a focus on expanding functionality for business customers, financial institutions (FIs) this week turned to FinTechs that could facilitate real-time data connectivity and analysis....

READ MORE >