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.

R3 Members Develop Blockchain Trade Finance Prototype
R3 Members Develop Blockchain Trade Finance Prototype
August 08, 2017  |  B2B Payments

Eleven FI members of the R3 platform consortium have announced the next step in using the distributed ledger technology for trade finance. The banks announced...

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Times Are A Changin’: Capital One Closes Level Money Budgeting App
Times Are A Changin’: Capital One Closes Level Money Budgeting App
August 08, 2017  |  Mobile Applications

Capital One is shuttering its Level Money personal finance management app, given the changes in the marketplace that ushered in a slew of tools to...

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Overdraft Fees Cost US Consumers $15B In 2016
Overdraft Fees Cost US Consumers $15B In 2016
August 07, 2017  |  CFPB

Overdraft fees cost U.S. consumers $15 billion in 2016, according to news from the Consumer Financial Protection Bureau (CFPB), the government watchdog that is out...

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Today in Data: Wells Fargo Updates
Today in Data: Wells Fargo Updates
July 31, 2017  |  Today In Data

To say that it’s been a rough few years for Wells Fargo would be an understatement. Within just the last few months, we’ve reported on...

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Small Business, Big Banking Not A Winning Combo, Survey Finds
Small Business, Big Banking Not A Winning Combo, Survey Finds
July 31, 2017  |  B2B Payments

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for...

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Corporate Banking Boosts BNP Paribas’ Q2 Performance
Corporate Banking Boosts BNP Paribas’ Q2 Performance
July 31, 2017  |  Earnings

Top French bank BNP Paribas didn’t lose as much money as analysts predicted. Reports Friday (July 28) said the bank posted a smaller drop in...

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Daimler Financial Services More Than Doubles Mobile Services Usage
Daimler Financial Services More Than Doubles Mobile Services Usage
July 31, 2017  |  Loans

Daimler Financial Services, the banking and finance unit of German car maker Daimler, is on track for another record year thanks to new 2017 leasing...

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SEB Launches Voice-Activated Assistant Aida To Improve Customer Service
SEB Launches Voice-Activated Assistant Aida To Improve Customer Service
July 31, 2017  |  Merchant Innovation

SEB AB, the largest bank in Sweden, is getting into the voice-activated digital assistant game with the launch of Aida. According to a news report in Bloomberg,...

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Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove
Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove
July 31, 2017  |  Data Dive

Most of the drama this week was in Washington. The healthcare debate turned into something that was one aria short of a full-blown opera, and...

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