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.

Zelle Processes $35B In Q4 Payments
Zelle Processes $35B In Q4 Payments
January 24, 2019  |  Earnings

Zelle, traditional banks’ answer to Venmo and Paypal, continues to grow in usage, not only with customers but with banking institutions as well, according to...

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SWIFT Logs Gains In Average Daily Message Volume
SWIFT Logs Gains In Average Daily Message Volume
January 24, 2019  |  B2B Payments

News from SWIFT on Wednesday (Jan. 23) showed continued traction in the financial messaging service’s annual and daily average traffic volumes. Per an announcement, SWIFT said that...

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Ascension Leak Exposes 24M+ Loan, Mortgage Details
Ascension Leak Exposes 24M+ Loan, Mortgage Details
January 24, 2019  |  Security & Fraud

Data and analytics company Ascension has suffered a data leak that exposed more than 24 million loan and mortgage documents from some of the country’s biggest...

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Capital One Misses On Q4 Revenue As Card Loans Increase
Capital One Misses On Q4 Revenue As Card Loans Increase
January 23, 2019  |  Earnings

Capital One’s domestic card loans increased 8 percent in the fourth quarter of 2018, the bank said on Tuesday (Jan. 22) as company executives gave...

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PayPal, Mastercard Tout Bank-FinTech Alliances At Davos
PayPal, Mastercard Tout Bank-FinTech Alliances At Davos
January 22, 2019  |  Payment Methods

At the World Economic Forum in Davos, Switzerland, executives of PayPal and Mastercard touted partnerships between financial technology companies and banks as a positive way...

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Report: CU Members, Leaders Out Of Sync On Innovation
Report: CU Members, Leaders Out Of Sync On Innovation
January 22, 2019  |  Credit Unions

Credit union (CU) customers are more than just customers: They are members of a wider community. This sense of belonging and inclusion is precisely why...

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Sizzle Of The Week: Zelle’s Accelerating Growth
Sizzle Of The Week: Zelle’s Accelerating Growth
January 18, 2019  |  Sizzle/Fizzle

Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. For example, Bank...

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Q4 Earnings: Bank CEOs On Cards, Credit And The Consumer
Q4 Earnings: Bank CEOs On Cards, Credit And The Consumer
January 18, 2019  |  Banking

Bank earnings — taken together, let’s call them a mixed bag. Or maybe liken them to an onion, with layers of meaning and hints of...

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Estonian Parliament Rejects Portion Of Anti-Money Laundering Proposal
Estonian Parliament Rejects Portion Of Anti-Money Laundering Proposal
January 17, 2019  |  Regulation

Estonia, a country embroiled in a money laundering scandal involving a small branch of Denmark’s Danske Bank, has rejected a critical part of proposed anti-money...

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