banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.
Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
April 26, 2024  |  Banking

The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and...

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Banks Need ‘Change Management Checklist’ in Battle Against Fraud
Banks Need ‘Change Management Checklist’ in Battle Against Fraud
April 26, 2024  |  Fraud Prevention

Artificial intelligence (AI) holds the promise to transform all manner of industries — helping banks, in particular, improve their anti-money laundering (AML) efforts. But as...

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Financial Infrastructure Platform QI Tech Achieves Unicorn Status
Financial Infrastructure Platform QI Tech Achieves Unicorn Status
April 25, 2024  |  Investments

Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor...

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First Citizens Reports Strong Liquidity a Year After SVB Purchase
First Citizens Reports Strong Liquidity a Year After SVB Purchase
April 25, 2024  |  Earnings

Showing its ability to navigate challenging economic conditions and make progress in integrating its purchase of Silicon Valley Bank, Raleigh-based First Citizens BancShares posted a...

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Report: FDIC Seeking Buyers for Republic First Bancorp
Report: FDIC Seeking Buyers for Republic First Bancorp
April 24, 2024  |  Banking

The Federal Deposit Insurance Corp. (FDIC) is reportedly in talks with potential buyers for Republic First Bancorp., a Philadelphia regional bank that does business as Republic Bank. The...

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Earnings Season Commentary Points to Pressures for Lower-Income Consumers
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
April 24, 2024  |  Consumer Finance

Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences...

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Marqeta and OakNorth Team to Offer SMBs Commercial Cards
Marqeta and OakNorth Team to Offer SMBs Commercial Cards
April 24, 2024  |  SMBs

Card issuing platform Marqeta has launched a partnership with U.K.-based, entrepreneur-focused digital bank OakNorth. The collaboration will see Marqeta offer a commercial card for OakNorth’s business banking clients, with the...

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Mastercard Takes AI-Driven Fraud Defense to Next Level
Mastercard Takes AI-Driven Fraud Defense to Next Level
April 24, 2024  |  Mastercard

Mastercard is bringing an artificial intelligence (AI)-driven, partnership approach to detecting and preventing identity and payments scams before they can result in victimizing consumers. The company...

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Standard Chartered and Visa Partner on Cross-Border B2B Payments
Standard Chartered and Visa Partner on Cross-Border B2B Payments
April 23, 2024  |  B2B Payments

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients.  The bank has joined the Visa B2B Connect multilateral payment network and has...

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