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.

Citi Chair: New Capital Requirements Will Hurt Lending
Citi Chair: New Capital Requirements Will Hurt Lending
October 11, 2023  |  Bank Regulation

Citigroup’s chairman is the latest banking executive to warn against the U.S. plan for new capital requirements. Get the Full Story Complete the form to unlock...

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Carefull Raises $16.5 Million for Financial Safety Platform for Senior Citizens
Carefull Raises $16.5 Million for Financial Safety Platform for Senior Citizens
October 11, 2023  |  Investments

Carefull secured $16.5 million in funding through a Series A round to grow its artificial intelligence (AI)-powered financial safety platform for senior citizens. Get the...

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Sopra Banking Software Launches AI-Enabled Core Banking System
Sopra Banking Software Launches AI-Enabled Core Banking System
October 10, 2023  |  Banking

Sopra Banking Software (SBS) has launched its artificial intelligence (AI)-enabled core banking system, the SBP Core Platform. Get the Full Story Complete the form to unlock...

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Slowing Loan Growth Expected to Squeeze Big US Banks’ Profits
Slowing Loan Growth Expected to Squeeze Big US Banks’ Profits
October 09, 2023  |  Banking

The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits....

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Combining Old and Newer Technologies Helps Banks Fight Rising Fraud
Combining Old and Newer Technologies Helps Banks Fight Rising Fraud
October 09, 2023  |  Fraud Prevention

Fraud has surged at an unsettling pace in recent years, with young consumers and financially strained individuals being disproportionately targeted by bad actors. Get the...

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Fed Bank Watchdog Defends New Capital Requirements
Fed Bank Watchdog Defends New Capital Requirements
October 09, 2023  |  Bank Regulation

Michael Barr wants American banks to see new capital requirements as a help, not a hinderance. Get the Full Story Complete the form to unlock this...

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26% of Consumers Say Interest Rates Influence Credit Product Choices
26% of Consumers Say Interest Rates Influence Credit Product Choices
October 09, 2023  |  Consumer Insights

Consumers are increasingly focused on finding the best deal — a preference driven by loss aversion and a desire to maximize the benefits of their...

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CFPB Director Calls for Stronger Data Protections
CFPB Director Calls for Stronger Data Protections
October 06, 2023  |  CFPB

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and...

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Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
October 05, 2023  |  Banking

The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and...

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