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.

Visa Invests in Open Banking Platform Basiq

Visa Invests in Open Banking Platform Basiq
Visa Invests in Open Banking Platform Basiq
November 24, 2021  |  Investments

Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post...

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Mid-tier Banks Look to Stablecoins, Interoperability to Win Business of Large Customers
Mid-tier Banks Look to Stablecoins, Interoperability to Win Business of Large Customers
November 24, 2021  |  B2B Payments

Three or four years ago, Ron Totaro participated in B2B panels at Harvard discussing blockchain and crypto. “It was really nascent, really early, it was...

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Verification Platform Puts Data Portability to the Test in the Lending Space
Verification Platform Puts Data Portability to the Test in the Lending Space
November 24, 2021  |  Data & Research

As the debate over consumer data privacy moves from the living room to the board room to meeting rooms on Capitol Hill, more firms are...

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Comptroller of the Currency Backpedals on Rulings Allowing Banks to Handle Crypto
Comptroller of the Currency Backpedals on Rulings Allowing Banks to Handle Crypto
November 23, 2021  |  Bank Regulation

On the surface, it sounds good. Acting Comptroller of the Currency Michael Hsu confirmed that banks can hold cryptocurrencies for customers, can hold dollar reserves...

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Voice Assistants Give Banks a Powerful Digital Channel to Improve Customer Experience
Voice Assistants Give Banks a Powerful Digital Channel to Improve Customer Experience
November 23, 2021  |  Banking

“Alexa, bring banks customers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Only 9% of Consumers Are Comfortable Connecting Bank Accounts to Third-Party Apps
Only 9% of Consumers Are Comfortable Connecting Bank Accounts to Third-Party Apps
November 22, 2021  |  Cybersecurity

Consumers crave the convenience of the connected economy, but they still want the security of knowing that their money is safe if they share their...

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UK Finance Calls for New Open Banking Standards
UK Finance Calls for New Open Banking Standards
November 22, 2021  |  Banking

The U.K. should develop new open banking standards, according to a new report on open banking payments issued by the trade association UK Finance. Get...

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Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
November 22, 2021  |  Cross-border Payments

Brussels has proposed an end to almost all cross-border selling of services by banks based outside the European Union, according to a Financial Times report...

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