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.

To Fight Crypto Competitors, More Central Banks Eye Digital Currencies of Their Own

To Fight Crypto Competitors, More Central Banks Eye Digital Currencies of Their Own
To Fight Crypto Competitors, More Central Banks Eye Digital Currencies of Their Own
December 01, 2021  |  CBDC

A battle seems to be brewing within the crypto arena – one that pits central banks against the bitcoins (and the other cryptocurrencies) of the...

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Indonesia, UAE Banks Collaborate on Cross-Border Payments
Indonesia, UAE Banks Collaborate on Cross-Border Payments
November 30, 2021  |  Cross-border Payments

The central banks of Indonesia and the United Arab Emirates (UAE) have signed an agreement to boost payment system cooperation. Get the Full Story Complete...

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Bank Profits Fall Due to Loan Loss Reduction
Bank Profits Fall Due to Loan Loss Reduction
November 30, 2021  |  Loans

Banking profits dropped during the third quarter of 2021 due to a slower reduction in loan loss provisions, the Federal Deposit Insurance Corporation (FDIC) reported...

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Eliminating Overdraft Fees Isn’t Easy Fix for Banks, Customers
Eliminating Overdraft Fees Isn’t Easy Fix for Banks, Customers
November 30, 2021  |  Banking

The holidays are firmly upon us, which means that the urge to spend is firmly entrenched as well, boosted by family gatherings and coming face...

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Central Bank Gives Nod to Mobile Money Licenses; Airtel Fast-Tracks Plans to IPO Mobile Money Unit
Central Bank Gives Nod to Mobile Money Licenses; Airtel Fast-Tracks Plans to IPO Mobile Money...
November 30, 2021  |  Mobile

The long-anticipated wait is over. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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White House Mulling Former CFPB Director Richard Cordray as Fed Banking Regulator
White House Mulling Former CFPB Director Richard Cordray as Fed Banking Regulator
November 30, 2021  |  Bank Regulation

President Joe Biden is weighing whether to nominate attorney and former Consumer Financial Protection Bureau Richard Cordray as the Federal Reserve’s top banking regulator, people...

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The Bank of London Opens Doors at $1B Valuation
The Bank of London Opens Doors at $1B Valuation
November 30, 2021  |  Banking

The Bank of London is opening its doors on Tuesday (Nov. 30) as a new financial institution that aims to serve as the first purpose-built...

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DeFi Opens New Possibilities for Banks Willing to Embrace Change
DeFi Opens New Possibilities for Banks Willing to Embrace Change
November 30, 2021  |  Banking

There are any number of ways to look at the emerging decentralized finance (DeFi) space, at least where banks are concerned. Some view it as...

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