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.

Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 

Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
February 23, 2021  |  Payment Methods

Lloyds Bank credit card holders, including Halifax and the Bank of Scotland, can now use Mastercard’s Open Banking Connect to transfer funds, make withdrawals and...

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Today In Digital-First Banking: Brex Seeks Bank Charter; MYBank Enrolls In Digital Yuan Test Drives
Today In Digital-First Banking: Brex Seeks Bank Charter; MYBank Enrolls In Digital Yuan Test Drives
February 22, 2021  |  Banking

In today’s top news in digital-first banking, Brex has filed to open an industrial bank in Utah, while MYBank is getting in on China’s moves...

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Digital Dollar Exploration Gets Backing From Treasury Secretary Yellen
Digital Dollar Exploration Gets Backing From Treasury Secretary Yellen
February 22, 2021  |  Digital Payments

Full steam ahead for the digital dollar — but no go for bitcoin as (widespread) transaction mechanism? Get the Full Story Complete the form to...

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Digital Banking Apps Play Chutes And Ladders In Latest Provider Ranking
Digital Banking Apps Play Chutes And Ladders In Latest Provider Ranking
February 22, 2021  |  Mobile

Automation, personalization and the promise of real-time (or at least near real-time) payments all add to the gravitational pull that banking apps exert on the...

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How Real-Time Request-For-Payment Features Can Ease Cash Flow Strains
How Real-Time Request-For-Payment Features Can Ease Cash Flow Strains
February 22, 2021  |  Real-Time Payments

Late payments can sink businesses, but there is a fix: request-for-payment that allows consumers to pay and billers to instantly receive funds. Hisham Salama, executive...

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TransferWise Rebrands To Wise
TransferWise Rebrands To Wise
February 22, 2021  |  Cross-border Payments

TransferWise will change its name to simply Wise, a press release says, which will reflect the broader change of the company beyond its original roots as...

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FinTech Brex Applies For Bank Charter
FinTech Brex Applies For Bank Charter
February 21, 2021  |  Banking

San Francisco-based Brex, which makes financial management software for businesses, announced Friday (Feb. 19) it has filed to open an industrial bank in Utah, according...

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China Tightens Rules For Banks On Internet Lending
China Tightens Rules For Banks On Internet Lending
February 21, 2021  |  Legal & Regulation

China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders in general, Reuters reported. Get the...

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