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.

Banks Turn To AI To ‘Get Serious’ About Credit Lifecycle Management

Banks Turn To AI To ‘Get Serious’ About Credit Lifecycle Management
Banks Turn To AI To ‘Get Serious’ About Credit Lifecycle Management
June 17, 2021  |  Artificial Intelligence

Although the total number of banks that use artificial intelligence (AI) to assess credit risk has tripled in the past three years, those gains have...

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CitiBusiness Small Business Banking Services Closing In Singapore
CitiBusiness Small Business Banking Services Closing In Singapore
June 16, 2021  |  B2B Payments

Small businesses banking with Citi’s CitiBusiness unit won’t have the option in Singapore by mid-August as the U.S. giant shutters that division, the company said,...

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Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
June 16, 2021  |  Banking

In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital....

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Societe Generale Taps Temenos To Modernize Corporate Banking
Societe Generale Taps Temenos To Modernize Corporate Banking
June 16, 2021  |  B2B Payments

Societe Generale has tapped banking software firm Temenos to update the account management and payment infrastructures for its global transaction banking operations in Asia and...

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Morgan Stanley Estimates 8 Pct Of Bank Deposits Could Be Impacted By A Digital Euro
Morgan Stanley Estimates 8 Pct Of Bank Deposits Could Be Impacted By A Digital Euro
June 16, 2021  |  Cryptocurrency

Morgan Stanley analysts have said a digital euro might preclude a decline of 8 percent of consumer deposits from euro zone banks, Reuters writes. Get...

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FinTech Novo Grabs $40.7 Million To Fuel Growth
FinTech Novo Grabs $40.7 Million To Fuel Growth
June 16, 2021  |  Investments

Novo, a financial technology company, has pulled in $40.7 million in venture capital. The FinTech focuses on digital banking for small to medium-sized businesses (SMBs)....

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New Report: Transaction Activity Offers Digital Banks New Channel For Insurance Sales
New Report: Transaction Activity Offers Digital Banks New Channel For Insurance Sales
June 16, 2021  |  Insurance

The insurance market today offers a wide array of coverage options, from health and home insurance to pet policies. At the same time, the market...

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Mexican FinTech Credijusto Buys Bank To Serve X-Border SMBs
Mexican FinTech Credijusto Buys Bank To Serve X-Border SMBs
June 15, 2021  |  B2B Payments

Mexican financial technology firm Credijusto has purchased Banco Finterra, a bank that is geared toward financial offerings for small companies and the agriculture industry, according...

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