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Banking News

Banking is any kind of business activity conducted by a bank, such as accepting deposits and creating credits, and other financial services. Banking is an old industry which has been around since ancient times. Banks in their current form (or at least similar to it) first appeared in Italy, during the period of Renaissance. Since then, banking has undergone many centuries of evolution, developing new kinds of services and financial techniques. Thanks to the advances in computer hardware and software over the past decades, a lot of banking is now done online.

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A first-of-its-kind app-based bank with no branches or online banking has won a banking license to operate in the UK from next year.
UK’s First Licensed App-Only Bank Still Reliant on Tradition
William Suberg
2015-06-26T12:22:17+01:00
456
A survey conducted in Australia has uncovered that at least 1 in 3 citizens would ditch their bank for digital currency such as Bitcoin and other innovative fin...
‘Future of Money’ Poll: 1 in 3 Australians Would Ditch Bank for Bitcoin & Fintech
Evander Smart
2015-06-25T17:30:33+01:00
612
An anonymous Dutch bank employee has revealed that major banks in the EU are applying new rules forcing banks
EU Banks Forced to Report Bitcoin-Linked Accounts Transacting Over €1,000
Charlie Richards
2015-06-24T13:38:13+01:00
1788
British company Intelligent Environments wants to secure your banking information with emojis; online small business lender, Bond Street, secures new funding; a...
FinTech Digest: Emojis Replace Pin Codes, Bond Street Raises $110M, and Future of FinTech Is in Asia and Africa
Connie Kearney
2015-06-20T12:20:50+01:00
1286
While several global headlines have declared that millennials are increasingly disinterested in banks, the owners of BTC.sx exchange have launched Magnr, “the f...
How Can a Bitcoin Bank Pay Interest?
Amanda B. Johnson
2015-06-19T12:14:00+01:00
1702
Coinbase announced on their blog today that they’ve launched a new Instant Exchange feature
Coinbase’s New ‘Instant Exchange’ Extends Immediate Cash-Out Ability to Users
Evander Smart
2015-06-17T10:56:54+01:00
988
Megabank's venture capital fund, argues that banks and fintech startups need to collaborate in order to "reboot" the global financial services industry and trig...
Banks & Fintechs Must Collaborate to 'Re-Engineer' the Global Financial Services Industry
Diana Ngo
2015-06-16T12:36:39+01:00
1123
Swedish bank SEB (Skandinaviska Enskilda Banken AB) placed a sponsored, full-page ad this week in Sweden’s largest online newspaper, Swedish Dagbladet.
Sweden’s 3rd Largest Bank Sponsors a Full-Page Ad to Explain Its Stance on Bitcoin
Jamie Redman
2015-06-14T20:12:09+01:00
558

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