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.

CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and...

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UK Digital Bank Zopa Raises $85 Million for Expansion and GenAI
UK Digital Bank Zopa Raises $85 Million for Expansion and GenAI
December 06, 2024  |  Investments

British digital bank Zopa has raised 80 million euros (about $85 million) in an equity funding round to accelerate its growth and launch new products....

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The Secret to High Global Conversion Rates? Understanding Local Payments
The Secret to High Global Conversion Rates? Understanding Local Payments
December 06, 2024  |  Payment Methods

Consumers decide which payment methods are successful and drive market trends. Regardless of the market, the use case or their locations, their preferred payment methods...

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TD Bank Says Earnings Growth ‘Challenging’ Amid AML Remediation
TD Bank Says Earnings Growth ‘Challenging’ Amid AML Remediation
December 05, 2024  |  Bank Regulation

TD Bank Group said Thursday (Dec. 5) that for the coming fiscal year, “it will be challenging for the Bank to generate earnings growth,” as...

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Energy Capital Credit Union Picks Velera for Debit Card Processing
Energy Capital Credit Union Picks Velera for Debit Card Processing
December 05, 2024  |  Credit Unions

Energy Capital Credit Union has expanded its partnership with credit union service organization (CUSO) Velera. Velera had already been providing credit card processing support for Energy Capital...

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Can Community Banks Out-Innovate Big Banks? The Tech Says Yes
Can Community Banks Out-Innovate Big Banks? The Tech Says Yes
December 05, 2024  |  Banking

If banks can’t give their customers the financial services they want or the experiences they expect, those customers will go and look for them elsewhere....

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nCino Sees Vendor Fatigue as Tailwind for Multi-Solution Growth
nCino Sees Vendor Fatigue as Tailwind for Multi-Solution Growth
December 04, 2024  |  Earnings

In the evolving world of financial services, the growing imperative to modernize infrastructure has created a fertile ground for innovation. That fertile ground has also...

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Government Agencies Suggest Practices to Combat Elder Financial Exploitation
Government Agencies Suggest Practices to Combat Elder Financial Exploitation
December 04, 2024  |  Fraud Prevention

Financial institutions play an important role in combating elder financial exploitation and in supporting the victims of these crimes, federal and state agencies said Wednesday...

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Lloyds and PayPoint Launch Payments Partnership for Small Businesses
Lloyds and PayPoint Launch Payments Partnership for Small Businesses
December 04, 2024  |  SMBs

British payments technology firm PayPoint is expanding its partnership with U.K. bank Lloyds. The collaboration, announced Wednesday (Dec. 4), is designed to provide banking and...

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