U.S. Treasury Official, Bank CEOs Discuss Boosting ‘Economic Inclusion’

A  virtual roundtable discussion between 20 CEOs who are members of the Bank Policy Institute (BPI)…

Japan’s Central Bank Launches One-Year Test of Digital Currency

File photo of a woman passing a quotation board displaying share price closing numbers of the…

Black Female Founder of United Bank of Philadelphia Passes Away At 80

Emma Chappell, the first Black woman to form a commercial bank, the United Bank of Philadelphia…

M&F Bank to Receive Investments from Banks to Close Racial Wealth Gap

Four of the largest U.S. banks have made equity investments in M&F Bank, which will leverage…

UK’s Starling Bank reaches unicorn status

Hot on the heels of making its first profit, app-based digital challenger bank Starling has…

Bank of Ireland to reduce branch network by almost half

Bank of Ireland is shutting about 100 branches as customers migrate to digital banking channels…

$14.2 Million Renovation in Store For Iconic Seaway Bank in Chicago

Formerly part of Chicago’s largest Black bank, Seaway Bank is getting a facelift on the city’s…

Bank of America Funds New Training Centers for Black Entrepreneurs at Spelman and Morehouse

In its first major initiative, the Black Economic Alliance Foundation is teaming up with Spelman College…

Russell Westbrook Partners With Varo Bank, Leads $63M Investment

Washington Wizards’ point guard Russell Westbrook takes a giant step into the financial game. Financial institute…

Chambers of Commerce Partner with Customers Bank to Help Black Businesses Get Access to Second Round of PPP

Many Black-owned small businesses were denied during the first round of the Small Business Administration’s Paycheck…