European banks have increasingly used faster payments since the November 2017 launch of EBA CLEARING’s RT1 instant payments system. Even as financial institutions (FIs) embrace...
As part of a broader look at environmental, social and governance factors on credit scores, Fitch Group Inc. noted that shortcomings in financial crimes and...
Wells Fargo has contacted Bridgewater Associates Co-CEO Eileen Murray about the bank’s open CEO job, according to reports. Part of the process includes calling Murray’s...
The suit can proceed. The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial...
Revolut is making some changes to its business practices and company culture as the company aims to move from a startup to a global bank....
After the June 2007 announcement of Apple’s first-ever iPhone and the ensuing buzz around iOS apps, financial institutions (FIs) began developing offerings to ease digital...
The implementation of PSD2 represents an opportunity for countries to overhaul their financial infrastructures, forcing them to upgrade older systems so businesses and FIs can...
Denmark’s financial watchdog has instructed a Danish branch of Swedish bank SEB to obtain additional information on customers deemed to be a high money-laundering risk....
PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that banks, merchants and...