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.

Embedded Finance Comes With Side-Helping of More Merchant Sales
Embedded Finance Comes With Side-Helping of More Merchant Sales
October 22, 2024  |  Payments Innovation

The promise of embedded payments — and the march toward embedded everything — says that commerce and money movement is seamless and intuitive. In the...

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66% of Zillennials Prefer Mobile Banking, Outpacing Other Generations by 47%
66% of Zillennials Prefer Mobile Banking, Outpacing Other Generations by 47%
October 22, 2024  |  Zillennials

A new wave of financial engagement is emerging among zillennials — those straddling the line between Generation Z and younger millennials. This microgeneration, currently ranging...

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Santander Positions New Digital Platform as First Step in US Expansion
Santander Positions New Digital Platform as First Step in US Expansion
October 21, 2024  |  Banking

Santander’s digital banking platform, Openbank, is now officially live in the United States. According to a Monday (Oct. 21) press release, the launch marks a...

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BNY and Mizuho Bank Collaborate on Trade Services in Asia
BNY and Mizuho Bank Collaborate on Trade Services in Asia
October 21, 2024  |  Banking

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. The banks have...

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Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
October 21, 2024  |  Cross-border Payments

Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. As payments wind their way...

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Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
October 20, 2024  |  Banking

The big banks have weighed in this earnings season — not just on credit and debit, and consumer spending and Basel endgames … … they’ve...

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Evolve to Return Funds to Synapse Brokerage End Users
Evolve to Return Funds to Synapse Brokerage End Users
October 20, 2024  |  Banking

Evolve Bank & Trust said Saturday (Oct. 19) that it is preparing to return funds held at Evolve to Synapse Brokerage end users impacted by...

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Banks Cut Interest Rates Paid on Corporate Deposits
Banks Cut Interest Rates Paid on Corporate Deposits
October 20, 2024  |  Banking

Banks are reportedly cutting the interest rates they pay on corporate deposits faster than those they pay on consumer deposits. These cuts followed the Federal...

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Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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