Banking

Coconut has today launched a new smart current account combining banking and accounting services, designed specifically for the UK’s ever-growing freelance and self-employed workforce. The app-based business current account will prepare customers for HMRC’s ‘Making Tax Digital’ which starts rolling...

JPMorgan Chase & Co. today announced a $900,000 investment to support sustainable infrastructure projects in Detroit. In addition, the firm is retrofitting over 70 percent of Chase branches in the city with LED lights and new Building Management Systems. As...

Old Second Bancorp, Inc. and Greater Chicago Financial Corp. jointly announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Old Second Bancorp, Inc. will acquire Greater Chicago Financial Corp. and its wholly-owned bank subsidiary,...

The Banker, a monthly international financial magazine owned by The Financial Times Group, named Tinkoff Bank Russia’s ‘Bank of the Year’ for 2017 in its 18th annual awards in London. The Banker’s editorial team recognized Tinkoff Bank’s success in transforming...

Wirecard and Mastercard made Pay by Bank app, a fully digital payment solution, available to all Wirecard merchants in the UK. Pay by Bank app was created by Vocalink, a Mastercard company, and it enables people to make ‘digital debit’...

With fewer customers showing up in branches for coffee and local gossip, some community banks are digitally transforming themselves to bring Main Street to people’s homes. The investments acknowledge the risk and reward of online expansion. Even at the community...

ACI Worldwide a leading global provider of real-time electronic payment and banking solutions, today announced it has been named a technology partner of the Zelle Network®. ACI provides integration for Financial Institutions (FIs) to connect to Zelle, a leading...