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.

VTB: Sanctions Will Limit Card Use Outside Russia

VTB: Sanctions Will Limit Card Use Outside Russia
VTB: Sanctions Will Limit Card Use Outside Russia
February 25, 2022  |  Cross-border Payments

Russian lender VTB said Western sanctions on its operations would limit the use of its cards outside Russia, and warned customers in other nations to...

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Automated Certification Emerges as Key Line of Defense in Banks’ Fight Against Hackers
Automated Certification Emerges as Key Line of Defense in Banks’ Fight Against Hackers
February 25, 2022  |  Cybersecurity

Open a newspaper, turn on the TV or click on a link, and you’ll see any number of headlines — seemingly every day — that...

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Citi to Eliminate Overdraft Fees
Citi to Eliminate Overdraft Fees
February 24, 2022  |  Banking

Citi will eliminate fees on overdrafts, overdraft protection and returned items by this summer, the banking giant announced Thursday (Feb. 24). Get the Full Story...

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French Startup Finary Raises $9M Series A to Reinvent Private Banking
French Startup Finary Raises $9M Series A to Reinvent Private Banking
February 24, 2022  |  Investments

Wealth aggregator Finary raised $8.9 million in a Series A funding round (8 million euros) just a few months after its 2.2 million euros ($2.4...

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Rosbank Operating in ‘Normal Manner’ Amid Ukraine Invasion
Rosbank Operating in ‘Normal Manner’ Amid Ukraine Invasion
February 24, 2022  |  Banking

French bank Societe Generale says its Russian unit Rosbank was operating normally Thursday (Feb. 24) amid Russia’s invasion of the Ukraine, and that it was...

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UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
February 24, 2022  |  Banking

The leader of United Kingdom’s open banking organization has called on regulators to accelerate debut of the technology. Get the Full Story Complete the form...

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First Tech Federal Credit Union on Pulling FinTechs Into the Partnership Fold to Boost Innovation
First Tech Federal Credit Union on Pulling FinTechs Into the Partnership Fold to Boost Innovation
February 24, 2022  |  Credit Unions

Credit Unions that want to be more like FinTechs are now partnering with them to burnish their digital bona fides. In the Credit Union Tracker,...

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Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
February 23, 2022  |  Banking

Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23)....

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