Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

UK Car Dealer Is First to Use Lloyds Bank A2A Payments Solution
UK Car Dealer Is First to Use Lloyds Bank A2A Payments Solution
January 31, 2022  |  Digital Payments

Car dealership JCT600 is the first retailer on record to make use of Lloyds’ PayFrom Bank account-to-account payment process, which displaces plastic cards for online...

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US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
January 30, 2022  |  Regulation

The U.S. Chamber of Commerce has concerns about a Biden nominee for the top banking supervisor at the Federal Reserve, Sarah Bloom Raskin, because she’s...

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P2P Service Chuck Launches in Massachusetts
P2P Service Chuck Launches in Massachusetts
January 28, 2022  |  Digital Payments

A Reading, Massachusetts community bank will be the first to go live with P2P payment service Chuck, a report from American Banker says. Chuck was...

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US Banks Look for Interest Earning to Rebound in ’22
US Banks Look for Interest Earning to Rebound in ’22
January 27, 2022  |  Bank Regulation

A new economic forecast says U.S. banks will see more growth from the “bread and butter” business of taking deposits and lending money, Reuters writes....

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Shareholders OK Merger of Columbia Banking, Umpqua Holdings
Shareholders OK Merger of Columbia Banking, Umpqua Holdings
January 26, 2022  |  Partnerships / Acquisitions

Columbia Banking Systems, which is the parent of Columbia State Bank, has gotten the green light to merge with Umpqua Holdings, a Seeking Alpha report...

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SavvyMoney Raises $45M Toward Credit Score Reporting, Analysis
SavvyMoney Raises $45M Toward Credit Score Reporting, Analysis
January 25, 2022  |  Investments

FinTech SavvyMoney, which works in the consumer credit business, announced Tuesday (Jan. 25) that it has raised $45 million in a new funding round. SavvyMoney’s...

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Central Bank Aims to Connect $1.5B Sitting Idle in Banks to Brazilians
Central Bank Aims to Connect $1.5B Sitting Idle in Banks to Brazilians
January 25, 2022  |  Banking

The Central Bank of Brazil is introducing a program to connect the R$8 ($1.5 billion) sitting idle in financial institutions to the Brazilians who are...

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Italian Bank UniCredit Seeks to Sell Leasing Business
Italian Bank UniCredit Seeks to Sell Leasing Business
January 25, 2022  |  Banking

Milan-based investment banker UniCredit is weighing offers from a series of suitors who want to take over its leasing operations. As Reuters reported Tuesday (Jan....

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The Evolving CBDC and Crypto Regulatory Landscape in China, Russia and the US
The Evolving CBDC and Crypto Regulatory Landscape in China, Russia and the US
January 24, 2022  |  CBDC

The Federal Reserve released its long-awaited working paper on the benefits and risks of creating a U.S. central bank digital currency (CBDC) last week.  In...

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