Banking

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Latest Banking News

How Phoenix Lender Services Is Helping Banks Crack the SBA Loan Market

Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many…

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Searching For The Golden Ticket In AI

In my last column, I likened artificial intelligence to the wizard in “The Wizard of Oz.” It received a good…

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With Strong 2024 Growth, Chime Appears On Track For An IPO

Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…

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Countries With Weak Banking Systems — And Why The U.S. Should Care

Until recently, the U.S. banking system has been strong because of sensible bank regulations implemented during the Obama and Biden…

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Cash Stuffing: How This Trendy Budgeting Method Works

Although cash stuffing is a technique that’s been around for a while, it’s resurged in recent months — particularly among…

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Early Account Closure Fees At Top Banks

Key takeaways Several banks charge an early account closure fee, usually between $5 and $50, if a customer closes their…

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Banks Need To Get On The Buy Now, Pay Later Bandwagon

OBSERVATIONS FROM THE FINTECH SNARK TANK Spurred by the spike in online and mobile shopping during the pandemic, the popularity…

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Best Bank Account Bonuses For May 2025

Akirastock/Getty Images: Illustration by Issiah Davis/Bankrate For those looking to open a new checking or online savings account, you’ll find…

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Brick-And-Mortar Bank Branches Adapt To Meet Consumers’ Needs

In recent years, both banks and businesses have undergone significant transformations. These changes were bolstered by the world’s response to…

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Current CD Rates For May 2025

Morsa Images/ Getty Images; Illustration by Austin Courregé/Bankrate A certificate of deposit (CD) is a time deposit account in which…

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