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.

Open Banking APIs Meet B2B Payments
Open Banking APIs Meet B2B Payments
July 06, 2020  |  API

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. While much...

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Credit Unions Tech Up For Loyalty
Credit Unions Tech Up For Loyalty
July 03, 2020  |  Credit Unions

If there’s one thing credit union (CU) members are known for, it’s their loyalty. Since most CUs start life as an economic affinity group of...

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Regional Banks Guide Corporates To Future-Proof Accounts Payable
Regional Banks Guide Corporates To Future-Proof Accounts Payable
July 03, 2020  |  B2B Payments

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic....

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SoftBank-Backed OPay Pauses Ride-Hailing, Logistics Services In Nigeria
SoftBank-Backed OPay Pauses Ride-Hailing, Logistics Services In Nigeria
July 03, 2020  |  Ridesharing

OPay, the SoftBank-backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. Get...

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Chinese Banks Vie For SMBs With New Virtual Bank Applications
Chinese Banks Vie For SMBs With New Virtual Bank Applications
July 02, 2020  |  B2B Payments

New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient...

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Germany’s Deutsche Bank Offers A Lifeline To Wirecard Bank
Germany’s Deutsche Bank Offers A Lifeline To Wirecard Bank
July 02, 2020  |  Banking

Deutsche Bank, the Frankfurt-based multinational financial services company, is in talks with regulators to rescue Wirecard Bank, the deposit-taking division of the German payment company that...

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EU Awaits Launch Of Payments Network Challenger This Week
EU Awaits Launch Of Payments Network Challenger This Week
July 01, 2020  |  International

A group of big European banks is planning to challenge Visa’s and Mastercard’s positions as the world’s two largest payment processing networks, Electronic Payments International...

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OCC: Banks Face Higher Compliance Risks Due To Pandemic
OCC: Banks Face Higher Compliance Risks Due To Pandemic
July 01, 2020  |  Regulation

The pandemic has heightened risks for pretty much everyone, including U.S. banks. The Office of the Comptroller of the Currency (OCC) said in a report this...

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Cloud Banking Gives Legacy Systems A Lift
Cloud Banking Gives Legacy Systems A Lift
July 01, 2020  |  Cloud Banking

Is it surprising to know that 55 percent of legacy financial institutions (FIs) report lacking maturity in core systems? Or that, on average, 15 percent...

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