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.

Why Digital Banking Platforms Might Be Firms’ ERP Of The Future

Why Digital Banking Platforms Might Be Firms’ ERP Of The Future
Why Digital Banking Platforms Might Be Firms’ ERP Of The Future
January 18, 2021  |  B2B Payments

With more digital banking options emerging on the U.S. market, FinTechs are turning their attention to the business community, whose demands for a better banking...

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Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
January 15, 2021  |  Earnings

In the first wave of Q4 earnings reports, J.P. Morgan Chase, Citigroup and Wells Fargo showed the pandemic’s impact on critical lending and spending, and...

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Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending
Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending
January 15, 2021  |  Earnings

Citigroup reported stronger than expected Q4 earnings Friday (Jan. 15) that showed a solid digital business, but fell short on expected revenue. Earnings fell by...

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Wells Fargo’s Provision For Credit Losses Drops $823 Million
Wells Fargo’s Provision For Credit Losses Drops $823 Million
January 15, 2021  |  Earnings

Wells Fargo reported on Friday (Jan. 15) as part of its Q4 2020 earnings that its provision for credit losses fell $823 million. The bank...

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ECB Officials Fear Banks Will Get Hit Hard By Pandemic Fallout
ECB Officials Fear Banks Will Get Hit Hard By Pandemic Fallout
January 15, 2021  |  Banking

European Central Bank (ECB) officials are concerned that Euro-area banks will get hit hard in 2021 by fallout from the COVID-19 pandemic as weakened businesses...

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JPMorgan’s Mobile Customers Surge 10 Pct; Management Cautious On Economic Environment
JPMorgan’s Mobile Customers Surge 10 Pct; Management Cautious On Economic Environment
January 15, 2021  |  Earnings

J.P. Morgan Chase posted fourth-quarter earnings results on Friday (Jan. 15) that showed the impact from the pandemic and economic headwinds were not as bad...

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Today In Digital-First Banking: Goldman Sachs Taps Marqeta To Fuel Marcus Checking; X1 Card Notches $12 Million In Funding
Today In Digital-First Banking: Goldman Sachs Taps Marqeta To Fuel Marcus Checking; X1 Card Notches...
January 14, 2021  |  Digital Banking

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup...

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HSBC Unveils Cash Flow Management Tool As Pandemic Scrambles Balance Sheets 
HSBC Unveils Cash Flow Management Tool As Pandemic Scrambles Balance Sheets 
January 14, 2021  |  B2B Payments

As small businesses and other companies struggle with cash flow management amid the coronavirus pandemic, HSBC wants to help. Get the Full Story Complete the...

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Commerzbank Says It Was ‘Deceived’ By Wirecard Fraud
Commerzbank Says It Was ‘Deceived’ By Wirecard Fraud
January 14, 2021  |  Security & Fraud

Commerzbank has told lawyers that the bank was a victim of fraud in the ongoing Wirecard case, Reuters reported Thursday (Jan. 14). Get the Full...

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