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.

American Express Gets Closer To Entering China
American Express Gets Closer To Entering China
April 26, 2018  |  Payment Methods

American Express has passed a major hurdle in efforts to become the first U.S.-based credit network to offer services in mainland China. The Chinese central...

READ MORE >
China Cracks Down On Banks’ Risky Lending Practices
China Cracks Down On Banks’ Risky Lending Practices
April 26, 2018  |  B2B Payments

Chinese officials have reportedly taken measures to monitor and potentially crack down on the nation’s banks’ risky lending practices, reports in Reuters said Wednesday (April...

READ MORE >
Barclays Pegs Cost Of SMB Cybercrime At $55.7 Billion
Barclays Pegs Cost Of SMB Cybercrime At $55.7 Billion
April 26, 2018  |  B2B Payments

More than $55.7 billion in costs are linked to fraud at small businesses (SMBs) in the U.K. to date, according to new analysis from Barclays...

READ MORE >
Overcoming Legacy Tech For Better Bank-FinTech Collaboration
Overcoming Legacy Tech For Better Bank-FinTech Collaboration
April 25, 2018  |  B2B Payments

FinTech competitive forces are often considered the largest source of pressure on traditional financial institutions (FIs) to innovate, particularly when it comes to small business...

READ MORE >
TSB IT Disaster Locks Entrepreneurs Out Of Accounts
TSB IT Disaster Locks Entrepreneurs Out Of Accounts
April 25, 2018  |  B2B Payments

The ongoing outage of TSB (Trustee Savings Bank) services in the U.K. isn’t just impacting consumers: The technical glitches that occurred as a result of...

READ MORE >
NEW DATA: Why 80 Percent Of FIs Struggle To Innovate Like Top Performers
NEW DATA: Why 80 Percent Of FIs Struggle To Innovate Like Top Performers
April 25, 2018  |  Digital Banking

When it comes to innovation, credit unions may just be the most innovative of all, while banks big and small fail to keep up with...

READ MORE >
Corporate FinServ Shows Muted Performance In Latest Earnings
Corporate FinServ Shows Muted Performance In Latest Earnings
April 24, 2018  |  B2B Payments

A look at some of the latest earnings data from B2B financial services firms doesn’t just provide a glimpse into the health of these companies:...

READ MORE >
Australia’s Government Facing More Pressure For Lack of Banking Oversight
Australia’s Government Facing More Pressure For Lack of Banking Oversight
April 23, 2018  |  International

The government of Australia is facing new pressure this weekend over its initial desire not to launch an inquiry into the banking sector, which is...

READ MORE >
CFPB And OCC Confirm Wells Fargo’s $1B Fine
CFPB And OCC Confirm Wells Fargo’s $1B Fine
April 20, 2018  |  Bank Regulation

In a “coordinated action” with the Office of the Comptroller of the Currency (OCC), the Bureau of Consumer Financial Protection Bureau (CFPB) announced a settlement...

READ MORE >