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.

FinCEN Deletes Ownership Data but Banks Keep the Risk

FinCEN Deletes Ownership Data but Banks Keep the Risk
FinCEN Deletes Ownership Data but Banks Keep the Risk
August 12, 2026  |  Legal & Regulation

The federal government spent years building toward a centralized answer to one of banking’s oldest compliance questions: Who actually owns the company moving the money?...

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Veriff and Uphold on Verifying Customers for the Life of the Account
Veriff and Uphold on Verifying Customers for the Life of the Account
August 12, 2026  |  Digital Identity

Watch more: Verified Once, Trade Everywhere: Turning KYC Into a Growth Engine Identity verification has a peculiar economics problem: The controls designed to keep the...

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OCC Receives 40 New Bank Applications in 18 Months
OCC Receives 40 New Bank Applications in 18 Months
August 11, 2026  |  Bank Regulation

The heads of the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) will continue working to encourage new...

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Banking’s Next AI Risk Is Cyber Autonomy
Banking’s Next AI Risk Is Cyber Autonomy
August 11, 2026  |  Cybersecurity

Artificial intelligence (AI) is no longer just helping cybersecurity teams find suspicious activity. It is starting to find vulnerabilities, test attack paths and, in some...

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UK Lawmakers Accuse Banks of Hindering Crypto Sector’s Growth
UK Lawmakers Accuse Banks of Hindering Crypto Sector’s Growth
August 11, 2026  |  Cryptocurrency

Some British lawmakers say the country’s banks are impeding the cryptocurrency sector’s growth. As the Financial Times (FT) reported Tuesday (Aug. 11), these lawmakers warn that lenders’...

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Stripe’s First Employee Built a Bank to Fix Payments’ Messy Last Mile
Stripe’s First Employee Built a Bank to Fix Payments’ Messy Last Mile
August 11, 2026  |  Banking

Watch more: Digital Shift With Increase’s Darragh Buckley An engineer sits across the table from a bank examiner. How does that conversation go? Better than...

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Wells Fargo Brings the Stablecoin Fight Inside the Bank
Wells Fargo Brings the Stablecoin Fight Inside the Bank
August 10, 2026  |  Blockchain

Corporate treasurers may soon get the speed and programmability associated with stablecoins without moving their cash outside the banking system. Wells Fargo said it will begin...

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CFPB Open Banking Rewrite Could Put Data-Access Fees at Center of Section 1033 Fight
CFPB Open Banking Rewrite Could Put Data-Access Fees at Center of Section 1033 Fight
August 10, 2026  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) is moving ahead with a potentially significant rewrite of its open banking regulations. According to a blog post by...

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