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.

Lloyds Tells Brokers To Go Digital In 2019 Or Go Home
Lloyds Tells Brokers To Go Digital In 2019 Or Go Home
December 21, 2018  |  Banking

Lloyd’s of London has announced that it might impose a ban on insurance brokers who refuse to digitalize their business in 2019. In a press...

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Russian Bank Throttles Visa, Mastercard Post Sanctions
Russian Bank Throttles Visa, Mastercard Post Sanctions
December 20, 2018  |  International

Promsvyazbank, the Russian state bank that was hit by sanctions by the U.S., has lowered its security deposits that go to Visa and Mastercard, reported...

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London FinTech Raises $4M For ‘Social’ Bank
London FinTech Raises $4M For ‘Social’ Bank
December 17, 2018  |  Innovation

A financial technology company called B-Social has raised £3.2 million ($4 million) in funding from undisclosed but high net-worth entities, according to reports. The funds...

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EBA: No-Deal Brexit Would Hurt UK Payment Firms
EBA: No-Deal Brexit Would Hurt UK Payment Firms
December 16, 2018  |  Brexit

Payment providers in the U.K. are not fully prepared for the chance of a no-deal Brexit, warned the European Banking Authority late last week. According...

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Robinhood Retreats From Checking, Savings Products
Robinhood Retreats From Checking, Savings Products
December 16, 2018  |  Bank Regulation

Robinhood, the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from...

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BBVA, Porsche Complete $170M Loan Via Blockchain
BBVA, Porsche Complete $170M Loan Via Blockchain
December 14, 2018  |  Loans

One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has completed a $170 million (€150 million) loan with Porsche Holding using blockchain...

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TransferGo Raises $17.6M For X-Border Payments
TransferGo Raises $17.6M For X-Border Payments
December 14, 2018  |  Investments

TransferGo, an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a report. The London-based...

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Bitcoin Daily: Google’s Top 2018 Query Asks ‘What Is Bitcoin?’; Bitwala Debuts German Crypto Accounts
Bitcoin Daily: Google’s Top 2018 Query Asks ‘What Is Bitcoin?’; Bitwala Debuts German Crypto Accounts
December 12, 2018  |  Bitcoin

Bitwala has rolled out digital currency banking services in Germany through a partnership with a regulated FinTech firm that has a banking license, CoinDesk reported....

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How Will 5G Shake Up Banking And FinTech?
How Will 5G Shake Up Banking And FinTech?
December 12, 2018  |  Mobile

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to work more closely with FinTech providers to...

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