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.

BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers
BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers
May 14, 2024  |  Banking

BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday...

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MoneyLion: On a Mission to Become the Expedia of Financial Services
MoneyLion: On a Mission to Become the Expedia of Financial Services
May 13, 2024  |  Digital-First Banking

It has been a wild ride for many companies that come under the heading ‘“FinTech.” Case in point: MoneyLion. Just a year ago the company...

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Less Than Half of FinTech Banks Let Consumers Make P2P Payments
Less Than Half of FinTech Banks Let Consumers Make P2P Payments
May 10, 2024  |  Digital Payments

FinTechs must make money mobility a top priority if they want to woo consumers away from traditional banks. While PYMNTS Intelligence’s data confirms FinTechs have...

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Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
May 10, 2024  |  Acquisitions

In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. In financial services, the recent news that...

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Experian Launches Open Banking-Powered Solution to Expand Access to Credit
Experian Launches Open Banking-Powered Solution to Expand Access to Credit
May 09, 2024  |  Loans

Experian has launched a solution designed to further inform lending decisions and expand access to credit. The new Cashflow Attributes uses open banking insights from...

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US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
May 08, 2024  |  Banking

The U.S. financial system is exploring the use of shared ledger technology for multi-asset transactions. The project will involve a number of high-profile financial institutions...

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Nubank Marks 100 Million-Plus Digital Banking Customers
Nubank Marks 100 Million-Plus Digital Banking Customers
May 08, 2024  |  Digital Banking

Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement in a Wednesday (May 8) press release, saying it was the...

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Monzo Valued at $5.2 Billion Amid US Neobank Expansion Plans
Monzo Valued at $5.2 Billion Amid US Neobank Expansion Plans
May 08, 2024  |  Investments

U.K. neobank Monzo reportedly raised $190 million as it plans to expand overseas. The funding brings the total Monzo has raised to $610 million so far this year, valuing it at $5.2 billion,...

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KeyBank Launches Virtual Account Management Solution for Treasury Clients
KeyBank Launches Virtual Account Management Solution for Treasury Clients
May 07, 2024  |  Banking

Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. The new Key Virtual Account Management (KeyVAM) solution is designed...

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