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.

Pay.com Selects Volt as Strategic Open Banking Partner
Pay.com Selects Volt as Strategic Open Banking Partner
February 03, 2025  |  Partnerships

Payments orchestration infrastructure firm Pay.com’s merchants will be able to access global real-time payments platform Volt’s Instant Bank Transfer solution to allow their end-users to make...

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Santander’s US Digital Bank Platform Marks $2 Billion in Deposits
Santander’s US Digital Bank Platform Marks $2 Billion in Deposits
February 03, 2025  |  Digital Banking

Santander’s American digital banking platform has surpassed $2 billion in deposits four months after launch. “This achievement represents a significant milestone in the Santander US business...

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Faster Payments Open Global Markets to Smaller Companies
Faster Payments Open Global Markets to Smaller Companies
February 03, 2025  |  Cross-border Payments

Just a few years ago, cross-border payments were inefficient at best and filled with friction at worst. They were opaque and took days to settle....

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Santander Picks Christiana Riley as US CEO Amid Companywide Reorganization
Santander Picks Christiana Riley as US CEO Amid Companywide Reorganization
January 31, 2025  |  Personnel

Banking giant Santander has reportedly chosen a new U.S. CEO amid a larger reshuffle. Christiana Riley will succeed Tim Wennes as the bank’s lead in...

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Banks See Lukewarm Lending in Spite of Wall Street Rally
Banks See Lukewarm Lending in Spite of Wall Street Rally
January 31, 2025  |  Loans

Steady-to-declining interest rates. Inflation under 3%. A relaxed attitude to regulation in D.C. As the Wall Street Journal (WSJ) points out in a report Friday (Jan. 31),...

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Deutsche Bank to Become ‘Even More Technology Driven’ While Cutting Costs
Deutsche Bank to Become ‘Even More Technology Driven’ While Cutting Costs
January 30, 2025  |  Earnings

Deutsche Bank plans to continue cutting costs by reducing headcount, adding technology and possibly closing business units, executives said Thursday (Jan. 30). “We are determined...

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Lloyds Shuttering 136 Branches Amid Digital Banking Shift
Lloyds Shuttering 136 Branches Amid Digital Banking Shift
January 29, 2025  |  Banking

British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and...

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Travel Ledger Integrates Revolut to Facilitate Travel Industry B2B Payments
Travel Ledger Integrates Revolut to Facilitate Travel Industry B2B Payments
January 29, 2025  |  B2B Payments

Travel Ledger now enables travel businesses in the United Kingdom and Europe to use Revolut’s services to automatically settle B2B payments with partners directly through...

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Cross-Border Market Share Will Depend on Instant Decisions
Cross-Border Market Share Will Depend on Instant Decisions
January 29, 2025  |  Payments Innovation

Cross-border payments had, for decades, been done by wire — where it had taken days to settle an international fund flow. But now, in the...

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