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.

Amex Adds Membership Rewards to Digital Business Checking Account

Amex Adds Membership Rewards to Digital Business Checking Account
Amex Adds Membership Rewards to Digital Business Checking Account
July 27, 2022  |  Credit Cards

American Express has added membership rewards to its fully digital Business Checking account, after numerous requests from customers that have been using the service since...

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The Data Point: Over 40% of Millennials Would Switch to FIs Supporting Local Charities
The Data Point: Over 40% of Millennials Would Switch to FIs Supporting Local Charities
July 27, 2022  |  Banking

Charity begins at home, as the old saying goes, and that can mean one’s community as well. New data finds a powerful correlation between bank...

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Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands
Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands
July 27, 2022  |  Real-Time Payments

2023 will be a transformative year for financial services, marked by a new addition to the world of instant payments, Bernadette Ksepka, vice president and...

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Startups Use Tech Innovation to Move the Needle on Financial Exclusion in Egypt
Startups Use Tech Innovation to Move the Needle on Financial Exclusion in Egypt
July 26, 2022  |  Financial Inclusion

Financial exclusion is a broad category that can range from an inability to access banking services to cultural, economic, and infrastructural barriers to the adoption...

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Cannabis Bill Backer Sees New Hope For Passage
Cannabis Bill Backer Sees New Hope For Passage
July 26, 2022  |  Banking

The main sponsor of a law that would protect banks that do business with cannabis companies from the penalties of federal regulators said there’s new...

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Report: South Africa’s Biggest Banks at Risk for Money Laundering
Report: South Africa’s Biggest Banks at Risk for Money Laundering
July 26, 2022  |  Banking

The South African banking regulator has warned that the country’s banking industry is at risk of becoming ensnared in money laundering and terrorist financing activity....

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Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
July 26, 2022  |  CBDC

Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would...

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Virgin Money Announces BNPL Credit Card
Virgin Money Announces BNPL Credit Card
July 26, 2022  |  BNPL

British bank Virgin Money announced the launch of a new credit card that will allow customers to spread their payments over several months, entering the...

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