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.

Allica Bank Launches With Profile Software Infrastructure For SMBs

Allica Bank Launches With Profile Software Infrastructure For SMBs
Allica Bank Launches With Profile Software Infrastructure For SMBs
June 30, 2020  |  B2B Payments

U.K. challenger bank Allica Bank has launched using Profile Software‘s banking programs in order to ensure small- to medium-sized business (SMB) customers a way to manage...

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FDIC Looks To Modernize Bank Reporting
FDIC Looks To Modernize Bank Reporting
June 28, 2020  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) is considering nixing its quarterly reports of banks in an attempt to modernize the way data is handled. Get...

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Big Bank Stress Test Show Loan Losses Could Hit $560B-$700B
Big Bank Stress Test Show Loan Losses Could Hit $560B-$700B
June 25, 2020  |  Banking

The Federal Reserve Board indicated that financial institutions (FIs) can stay strong even as they weather turbulent economic conditions, as it unveiled the results of...

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Today In Payments: Brazil Central Bank Shuts WhatsApp Payments; Visa’s SMB Hub Launches With PayPal, Freshbooks
Today In Payments: Brazil Central Bank Shuts WhatsApp Payments; Visa’s SMB Hub Launches With PayPal,...
June 24, 2020  |  News

In today’s top news, Brazil’s central bank suspended WhatsApp’s payment feature, and Visa launched its online resource hub for small and medium-sized businesses (SMBs). Plus,...

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Taking New Approaches To Retail And Microbusiness Banking
Taking New Approaches To Retail And Microbusiness Banking
June 24, 2020  |  Today In Data

Merchants are focusing on re-engaging shoppers now that brick-and-mortar retailers are reopening across the United States. In eCommerce, in an effort to attract and retain online customers,...

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Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
June 24, 2020  |  Investments

Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund,...

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Zopa Secures UK Banking License
Zopa Secures UK Banking License
June 24, 2020  |  Bank Regulation

Zopa, the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial...

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