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.

Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation
Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation
January 14, 2021  |  Cross-border Payments

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Get the Full Story...

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NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking
NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking
January 14, 2021  |  Banking

Since the onset of the pandemic, banking activities like opening new accounts and applying for loans are now being done virtually to socially distance and...

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Rho Technologies Raises $15 Million For AP Integration
Rho Technologies Raises $15 Million For AP Integration
January 13, 2021  |  B2B Payments

Rho Technologies, the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. Get the Full...

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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv
Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv
January 13, 2021  |  Banking

In today’s top digital-first banking news, Singapore tech startup Sea has reportedly bought Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE), while credit union service organization...

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Citi Taps Khaliq To Lead Treasury And Trade Solutions
Citi Taps Khaliq To Lead Treasury And Trade Solutions
January 13, 2021  |  Personnel

Citi has named Shahmir Khaliq as its new head of Treasury and Trade Solutions (TTS), according to an internal memo from Paco Ybarra, global head...

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Singapore Tech Startup Sea Buys Indonesian Bank BKE
Singapore Tech Startup Sea Buys Indonesian Bank BKE
January 13, 2021  |  Partnerships

Singapore tech startup Sea has acquired Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE) for an undisclosed amount, Bloomberg reported on Wednesday (Jan. 13), citing unnamed...

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Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
January 13, 2021  |  Earnings

The start of earnings season typically is marked by banks’ reports – and a slew of them report this week, clustered on Friday (Jan. 15)....

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FinTechs, FIs Uniting Over Distributed Banking For Disbursements
FinTechs, FIs Uniting Over Distributed Banking For Disbursements
January 13, 2021  |  Disbursements

Ingo Money CEO Drew Edwards recently told PYMNTS that “Historically, banks have viewed FinTechs through an ‘us versus them’ lens — and rightly so, because,...

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