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.

Wells Fargo CEO More Confident in Bank’s Compliance Controls
Wells Fargo CEO More Confident in Bank’s Compliance Controls
December 11, 2024  |  Bank Regulation

Wells Fargo’s CEO reportedly has more confidence in his bank’s efforts to remedy its compliance issues. Charlie Scharf’s comments, as reported Wednesday (Dec. 11) by...

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Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
December 11, 2024  |  Regulation

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. In its newly released 2024 annual report, the...

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Google Cloud and Swift Partner on AI Model Training
Google Cloud and Swift Partner on AI Model Training
December 10, 2024  |  artificial intelligence

Google Cloud and Swift are working together to develop a secure, privacy-preserving solution for financial institutions that use federated learning techniques. Federated learning enables collaborative artificial...

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Newly Flush With Capital, Challenger Banks Face New Challenges
Newly Flush With Capital, Challenger Banks Face New Challenges
December 10, 2024  |  Security & Fraud

A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks,...

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MoneyLion Acquired by Gen Digital to Create Financial Security Ecosystem
MoneyLion Acquired by Gen Digital to Create Financial Security Ecosystem
December 10, 2024  |  Acquisitions

Gen Digital plans to add financial wellness tools to its offerings by acquiring MoneyLion. The company entered into a definitive agreement to make the acquisition,...

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How Data-Sharing Consortium Approaches Are Beating Back Bank Fraud
How Data-Sharing Consortium Approaches Are Beating Back Bank Fraud
December 10, 2024  |  Security & Fraud

When it comes to fraud prevention, sharing is caring for financial institutions. News broke this month that a cybercriminal gang using Airbnb rentals as mini...

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BofA’s CashPro App Milestone Spotlights Treasury’s Digital Evolution
BofA’s CashPro App Milestone Spotlights Treasury’s Digital Evolution
December 10, 2024  |  B2B Payments

The days of chief financial officers and treasury teams being tethered to desktops or waiting for approvals via email are over. By the end of...

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Deutsche Bank Inks Corporate Banking Pact With Crypto.com
Deutsche Bank Inks Corporate Banking Pact With Crypto.com
December 10, 2024  |  Partnerships

Deutsche Bank is now Crypto.com’s corporate banking provider in Singapore, Australia and Hong Kong. The partnership is expected to involve additional banking support and coverage...

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Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
December 10, 2024  |  Security & Fraud

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Efforts to combat fraud in routine digital...

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