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.

National Cannabis Risk Prevention Services Buys Digital Wallet, Banking, POS Platform Rights From MG Payment

National Cannabis Risk Prevention Services Buys Digital Wallet, Banking, POS Platform Rights From MG Payment
National Cannabis Risk Prevention Services Buys Digital Wallet, Banking, POS Platform Rights From MG Payment
August 01, 2022  |  Partnerships

National Cannabis Risk Prevention Services (NCRPS) has reached an agreement with MG Payment to acquire its eWallet, mobile banking and point of sale (POS) cannabis...

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UAE-Based FI Mashreq Launches Non-Banking Services Platform for Small Businesses
UAE-Based FI Mashreq Launches Non-Banking Services Platform for Small Businesses
August 01, 2022  |  SMBs

Mashreq, a financial institution based in the United Arab Emirates, has debuted a non-banking business services platform, Mashreq Business Banking Value Added Services, for small...

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Comerica Bank Taps Allysun Fleming to Head Payments Unit
Comerica Bank Taps Allysun Fleming to Head Payments Unit
August 01, 2022  |  Personnel

Comerica Bank has appointed Allysun Fleming to lead payment strategy as it moves all payments-related operations into a single unit that she will head as the...

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Australian Bank Launches Automated Savings Alternative to BNPL
Australian Bank Launches Automated Savings Alternative to BNPL
July 31, 2022  |  BNPL

Australia’s Up Bank has rolled out a new service to automate installment payments, easing stress surrounding Buy Now, Pay Later (BNPL) services, a report says....

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Kenyan Central Bank Blocks FinTechs Flutterwave, Chipper
Kenyan Central Bank Blocks FinTechs Flutterwave, Chipper
July 29, 2022  |  Europe

The Central Bank of Kenya issued a letter on Friday (July 29) directing banking and mortgage CEOs to cease transactions with Kenyan FinTechs Flutterwave Payments...

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CFPB Slaps U.S. Bank With $37.5M Fine Over Unauthorized Accounts
CFPB Slaps U.S. Bank With $37.5M Fine Over Unauthorized Accounts
July 28, 2022  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) hit U.S. Bank with a $37.5 million consent order for illegally accessing customers’ credit reports and personal information to open accounts...

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LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
July 27, 2022  |  Earnings

LendingClub’s transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining...

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Upgrade Offers OneCard for Single Platform Budgeting, Rewards
Upgrade Offers OneCard for Single Platform Budgeting, Rewards
July 27, 2022  |  Banking

Challenger bank Upgrade is launching OneCard, a new product that provides users with a single card for daily expenses and making payments over time. Get...

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