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.

Coinbase and ivyKoin Inquire About Banking Licenses
Coinbase and ivyKoin Inquire About Banking Licenses
May 21, 2018  |  Cryptocurrency

Coinbase, as well as one other cryptocurrency company, has held talks with regulators in the U.S. about securing a banking license. The Wall Street Journal,...

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Risk’s All Around When Banks Service Cannabis
Risk’s All Around When Banks Service Cannabis
May 14, 2018  |  B2B Payments

The conundrum of cannabis banking in the U.S. is both a headache for legal marijuana businesses and an intriguing case study for the financial services...

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Citi Inks $100 Million Trade Finance Deal With Asian Development Bank
Citi Inks $100 Million Trade Finance Deal With Asian Development Bank
May 14, 2018  |  B2B Payments

Global financial institution Citi is expanding its existing partnership with the Asian Development Bank (ADB) to share risk in trade finance transactions, reports in The...

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China Makes Progress On Shadow Lending Battle
China Makes Progress On Shadow Lending Battle
May 14, 2018  |  B2B Payments

China appears to be making progress in its fight against shadow lending even as new lending overall increased in April, according to data reported by...

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Wells Fargo Overdraft Fees To Decline As It Projects A Friendlier Face
Wells Fargo Overdraft Fees To Decline As It Projects A Friendlier Face
May 11, 2018  |  Banking

Wells Fargo, the embattled bank, warned investors at the company’s investor day meeting Thursday (May 11) that it won’t make as much in overdraft fees...

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JPMorgan Taps Carnegie Mellon Professor For AI Push
JPMorgan Taps Carnegie Mellon Professor For AI Push
May 10, 2018  |  Artificial Intelligence

To head up its artificial intelligence (AI) research endeavors, JPMorgan Chase has hired a leading expert in the field. The head of Carnegie Mellon University’s...

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Moody’s: Underwriting Standards Loosen, A Bit, In Q1
Moody’s: Underwriting Standards Loosen, A Bit, In Q1
May 09, 2018  |  Consumer Finance

It got a little easier to get credit in the first quarter, said Moody’s on May 8, but auto loans bear watching. The findings, contained...

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Virgin Money Takeover Would Create UK’s Largest Challenger Bank
Virgin Money Takeover Would Create UK’s Largest Challenger Bank
May 09, 2018  |  B2B Payments

U.K. challenger bank Virgin Money could become one of the country’s largest financial institutions should it proceed with a takeover bid, according to Reuters reports...

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Discover Forgives Fees — Well, Some — For Checking, Savings And Money Market Customers
Discover Forgives Fees — Well, Some — For Checking, Savings And Money Market Customers
May 08, 2018  |  Merchant Innovation

Discover is in a forgiving mood. The payments company on Tuesday (May 8) launched a fee forgiveness program that applies to Discover’s cashback checking, savings...

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