More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. That...
Wedge has introduced a white-label programmable payment solution for banking associations and credit unions. The firm has also appointed Kim Askwith, formerly of Ernst & Young, as president...
Mastercard is preparing to launch a new digital account opening experience for select U.S. debit and prepaid products. The program will use open banking solutions...
The Financial Stability Board said regulations governing money market funds must be stronger. The group’s Thematic Review on Money Market Fund (MMF) Reforms, published Tuesday...
Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...
JP Morgan Chase CEO Jamie Dimon said Monday (Feb. 26) that most owners of commercial real estate will be able to “muddle through” the current economic environment. Those...
Cross River Bank and CRB Securities are moving into the investment banking space. The company’s investment banking team will help FinTechs with decisions such as mergers and acquisitions, capital...
Citi has named a 24-year veteran of JPMorgan Chase as its new banking head. Viswas “Vis” Raghavan is set to join Citi’s executive management team and will report...
Michael Hsu, CEO and acting comptroller of the currency for the Office of the Comptroller of the Currency (OCC), recently reiterated his agency’s commitment to...