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.

Citi Inks $100 Million Trade Finance Deal With Asian Development Bank
Citi Inks $100 Million Trade Finance Deal With Asian Development Bank
May 14, 2018  |  B2B Payments

Global financial institution Citi is expanding its existing partnership with the Asian Development Bank (ADB) to share risk in trade finance transactions, reports in The...

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China Makes Progress On Shadow Lending Battle
China Makes Progress On Shadow Lending Battle
May 14, 2018  |  B2B Payments

China appears to be making progress in its fight against shadow lending even as new lending overall increased in April, according to data reported by...

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Wells Fargo Overdraft Fees To Decline As It Projects A Friendlier Face
Wells Fargo Overdraft Fees To Decline As It Projects A Friendlier Face
May 11, 2018  |  Banking

Wells Fargo, the embattled bank, warned investors at the company’s investor day meeting Thursday (May 11) that it won’t make as much in overdraft fees...

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JPMorgan Taps Carnegie Mellon Professor For AI Push
JPMorgan Taps Carnegie Mellon Professor For AI Push
May 10, 2018  |  Artificial Intelligence

To head up its artificial intelligence (AI) research endeavors, JPMorgan Chase has hired a leading expert in the field. The head of Carnegie Mellon University’s...

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Moody’s: Underwriting Standards Loosen, A Bit, In Q1
Moody’s: Underwriting Standards Loosen, A Bit, In Q1
May 09, 2018  |  Consumer Finance

It got a little easier to get credit in the first quarter, said Moody’s on May 8, but auto loans bear watching. Get the Full...

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Virgin Money Takeover Would Create UK’s Largest Challenger Bank
Virgin Money Takeover Would Create UK’s Largest Challenger Bank
May 09, 2018  |  B2B Payments

U.K. challenger bank Virgin Money could become one of the country’s largest financial institutions should it proceed with a takeover bid, according to Reuters reports...

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Discover Forgives Fees — Well, Some — For Checking, Savings And Money Market Customers
Discover Forgives Fees — Well, Some — For Checking, Savings And Money Market Customers
May 08, 2018  |  Merchant Innovation

Discover is in a forgiving mood. The payments company on Tuesday (May 8) launched a fee forgiveness program that applies to Discover’s cashback checking, savings...

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ValueAct Builds $1.2 Billion Stake In Citigroup
ValueAct Builds $1.2 Billion Stake In Citigroup
May 08, 2018  |  Banking

Activist investor ValueAct Capital Partners revealed that it’s built a roughly $1.2 billion stake in Citigroup. Get the Full Story Complete the form to unlock...

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CO-OP Network President: Shared Branching And Credit Union Service Ubiquity
CO-OP Network President: Shared Branching And Credit Union Service Ubiquity
May 07, 2018  |  Data Dive

Consumers, on the whole, really like doing business with their credit unions. According to the latest iteration of the Credit Union Tracker, 81 percent of credit union customers report being highly satisfied...

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