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.

Could India’s FinServ Market Be Primed For Open Banking?
Could India’s FinServ Market Be Primed For Open Banking?
March 01, 2018  |  B2B Payments

PSD2 opened the floodgates for open banking across Europe and the U.K. While the U.S. hasn’t had such regulatory pressure, signs that banks are opening...

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Taiwan’s Central Bank Takes Serious Look At Blockchain
Taiwan’s Central Bank Takes Serious Look At Blockchain
February 28, 2018  |  Blockchain

Taiwan’s central bank is looking into implementing blockchain technology in order to improve its operations. According to news from Finance Magnates, Yang Chin-long, the new governor...

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Virgin Money Releases Details On SMB Bank Venture Costs
Virgin Money Releases Details On SMB Bank Venture Costs
February 28, 2018  |  B2B Payments

Virgin Money spent more than $53 million last year building up its banking solution, which the company plans to launch for small businesses (SMBs) in...

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Trade Finance Takes Hit From India’s $2 Billion Bank Fraud Fallout
Trade Finance Takes Hit From India’s $2 Billion Bank Fraud Fallout
February 28, 2018  |  B2B Payments

The fallout continues from the $2 billion fraud scandal that hit India’s financial services market, according to news from Bloomberg on Tuesday (Feb. 27), with consequences now spreading...

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Banks Doubling Down On Risk Management
Banks Doubling Down On Risk Management
February 28, 2018  |  Banking

A new survey from accounting firm Grant Thornton and the MIT Golub Center for Finance and Policy on regulatory responses in the U.S. following the...

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Today In Data: Business Travel Spend, Digital IDs And AI-Powered Banking
Today In Data: Business Travel Spend, Digital IDs And AI-Powered Banking
February 27, 2018  |  Today In Data

Today in PYMNTS data, businesses spend trillions on travel without knowing where the money goes, Nigeria’s digital identity program will cost millions more than expected...

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Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
February 27, 2018  |  B2B Payments

The U.K.’s gross domestic product (GDP) is headed for a significant boost thanks to recent Open Banking legislation, according to analysis from the Centre for...

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Borrowing By UK Corporates At Three-Year Low
Borrowing By UK Corporates At Three-Year Low
February 27, 2018  |  B2B Payments

Reports in Bloomberg on Monday (Feb. 26) said that, according to new data, businesses in the U.K. are borrowing at their lowest rate since 2015,...

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BoA To Open 500 New Retail Branches
BoA To Open 500 New Retail Branches
February 27, 2018  |  Banking

Bank of America (BoA) announced news on Monday (Feb. 26) that it’s opening more than 500 new branches across the U.S. over the course of the...

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