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.

HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico

HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
February 23, 2022  |  Banking

HSBC executives, representing one of Mexico’s biggest banks, have told investors that the bank doesn’t want to buy out Citigroup’s consumer bank Banamex, Reuters reported...

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Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
February 23, 2022  |  Banking

In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup...

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Blockchain Projects Meet Real-World Headwinds
Blockchain Projects Meet Real-World Headwinds
February 23, 2022  |  Blockchain

Not all that long ago, blockchain was the answer to every problem in financial services, to every problem in connectivity. Get the Full Story Complete...

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Japan’s MUFG Suspends Payments Platform GO-NET
Japan’s MUFG Suspends Payments Platform GO-NET
February 23, 2022  |  Digital Payments

Japan’s Mitsubishi UFJ Financial Group (MUFG) is suspending operations of its blockchain-based payments platform GO-NET, citing a sluggish economy and the difficulty of commercializing the...

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German Virtual Bank Penta Aims for $500M Valuation
German Virtual Bank Penta Aims for $500M Valuation
February 23, 2022  |  Investments

German digital business banking platform Penta is speaking with potential investors as it seeks a valuation of between $453 million and $567 million (400 million...

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Credit Unions Partner With FinTechs to Compete Like One
Credit Unions Partner With FinTechs to Compete Like One
February 23, 2022  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes Crypto Rules
EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes...
February 22, 2022  |  Cross-border Payments

In today’s top Europe, Middle East and Africa news, Meta is facing an order to suspend data transfers to the United States by the European...

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US Banks Don’t Expect Much Impact From Russia Sanctions
US Banks Don’t Expect Much Impact From Russia Sanctions
February 22, 2022  |  Cross-border Payments

American banks do not expect to see an impact on their business – or wider risk contagion – due to the sanctions the U.S. and...

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