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.
Report: SVB Collapse Triggered Record $285 Million Penalty
Report: SVB Collapse Triggered Record $285 Million Penalty
March 12, 2024  |  Banking

Silicon Valley Bank’s (SVB) collapse was one of the largest banking failures in American history. And according to a report Tuesday (March 12) by Bloomberg News, that collapse...

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VoPay to Expand Embedded Payments Offering with Cross River Partnership
VoPay to Expand Embedded Payments Offering with Cross River Partnership
March 12, 2024  |  Digital-First Banking

VoPay, a provider of embedded payments technology based in Canada, is expanding its operations in the United States by teaming up with Cross River Bank....

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Standard Chartered Overhauls Investment Banking Leadership
Standard Chartered Overhauls Investment Banking Leadership
March 12, 2024  |  Personnel

Standard Chartered has made a number of changes to its leadership team. The British banking giant announced Tuesday (March 11) that it had appointed Roberto Hoornweg, head...

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Mastercard Introduces White-Label Subscription Management Solution for Financial Institutions
Mastercard Introduces White-Label Subscription Management Solution for Financial Institutions
March 12, 2024  |  Banking

Mastercard is piloting a subscription management solution that financial institutions can add to their consumer banking offerings. The new Smart Subscriptions solution enables consumers to...

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JPMorgan Makes AI ‘Part of the Management Conversation’
JPMorgan Makes AI ‘Part of the Management Conversation’
March 12, 2024  |  Banking

Artificial intelligence continues to grow in importance for JPMorgan Chase. So much so that the technology could have its own reporting line, beyond the banking giant’s...

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Griffin Launches as Fully Operational UK Bank and Raises $24 Million
Griffin Launches as Fully Operational UK Bank and Raises $24 Million
March 11, 2024  |  Digital Banking

British banking-as-a-service (BaaS) platform Griffin is now officially a fully operational bank. The company announced Sunday (March 10) that it had received approval from the...

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HSBC Adding Bankers to Boost Startup Lending
HSBC Adding Bankers to Boost Startup Lending
March 11, 2024  |  Banking

HSBC is reportedly expanding its U.S. commercial banking operations to bolster its startup lending. Wyatt Crowell, head of U.S. commercial banking at HSBC, said in an...

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APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
March 11, 2024  |  Banking

If there’s a surety in financial services, it’s that hackers and bad actors probe ecosystems and platforms for points of vulnerability, looking for weak links...

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PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
March 11, 2024  |  Credit Unions

Credit union (CU) members value the classic benefits associated with CUs, such as lower fees and more access to loan products. Still, PYMNTS Intelligence finds...

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