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.

Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices

Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices
Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices
July 22, 2024  |  AML

Enforcement actions and fines from regulators — the Federal Reserve, the Office of the Comptroller of the Currency and others — highlight the growing scrutiny...

READ MORE >
Bitcoin Depot Surpasses 8,000 Bitcoin ATMs in Operation
Bitcoin Depot Surpasses 8,000 Bitcoin ATMs in Operation
July 22, 2024  |  Cryptocurrency

Bitcoin Depot said Monday (July 22) that the number of Bitcoin ATMs it has in operation now totals 8,180, up from 7,400 on April 1....

READ MORE >
International Financial Stability Board Chair: Non-Bank Vulnerabilities Threaten Financial System
International Financial Stability Board Chair: Non-Bank Vulnerabilities Threaten Financial System
July 22, 2024  |  Regulation

A top global financial watchdog says the “shadow banking” sector needs more regulation. Get the Full Story Complete the form to unlock this article and...

READ MORE >
OCC: Banks Unprepared for Cyberattacks and Other Risks
OCC: Banks Unprepared for Cyberattacks and Other Risks
July 21, 2024  |  Banking

A U.S. banking regulator has reportedly determined that many lenders aren’t prepared for risks. Get the Full Story Complete the form to unlock this article...

READ MORE >
Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
July 19, 2024  |  Connected Economy

If there ever was a day that needed a Plan B, it was Friday, July 19. Banks, airlines, hospitals, fast food chains, retailers, even the...

READ MORE >
Fifth Third Earnings Focus on Liquidity and Payments Innovations
Fifth Third Earnings Focus on Liquidity and Payments Innovations
July 19, 2024  |  Earnings

This quarter’s bank earnings, like the macro environment, have been mixed and unpredictable. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
July 19, 2024  |  Acquisitions

Congresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital One–Discover merger. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Open Banking Faces Challenges as Banks Urge Delay in New Data Rules
Open Banking Faces Challenges as Banks Urge Delay in New Data Rules
July 19, 2024  |  Bank Regulation

Open banking, as it emerges more fully in the United States, promises to bring personalized services and products to customers, expanding financial access. Get the...

READ MORE >
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
July 19, 2024  |  Earnings

Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Get the Full...

READ MORE >