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.

Putting One-Time Passwords Out to Pasture
Putting One-Time Passwords Out to Pasture
November 01, 2022  |  Security & Fraud

The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked...

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Standard Bank May Consider Acquisitions as It Looks to Serve Multinational African Businesses
Standard Bank May Consider Acquisitions as It Looks to Serve Multinational African Businesses
October 31, 2022  |  Banking

Against the backdrop of increasing competition in its home market of South Africa, Standard Bank Group is open to acquisitions in Kenya and Nigeria as...

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Singapore Tests Programmable Money as CBDC Alternative
Singapore Tests Programmable Money as CBDC Alternative
October 31, 2022  |  CBDC

The Monetary Authority of Singapore and DBS Bank are running a trial of tokenized Singapore dollars that can be programmed for specific uses and allow merchants...

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Why Universal ‘Pay Anybody’ Is Coming and Will Change Everything
Why Universal ‘Pay Anybody’ Is Coming and Will Change Everything
October 31, 2022  |  Payment Methods

Ubiquity and choice are the digital promised land. How we get there from here will be a matter of securely opening the payments ecosystem to...

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This Week in Payments: Money20/20 Attendees Talk of Industry Trends
This Week in Payments: Money20/20 Attendees Talk of Industry Trends
October 28, 2022  |  Payment Methods

The news in the payments world this week was all about Amazon, Money20/20 and the topics discussed at that global FinTech event in Las Vegas:...

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Raisin UK Migrates to ClearBank Embedded Banking Platform
Raisin UK Migrates to ClearBank Embedded Banking Platform
October 28, 2022  |  Partnerships

Investment and savings platform Raisin has migrated its United Kingdom platform to banking infrastructure provider ClearBank. Get the Full Story Complete the form to unlock...

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Swift Delays ISO 20022 Implementation Until March
Swift Delays ISO 20022 Implementation Until March
October 28, 2022  |  Banking

Swift, which operates the global financial messaging service by the same name, on Thursday (Oct. 27) announced its decision to delay the migration to a new...

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Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
October 28, 2022  |  Bank Regulation

Three weeks after releasing a report focused on frauds and scams on Zelle, U.S. Sen. Elizabeth Warren has sent a letter to the Consumer Financial...

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LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
October 26, 2022  |  Banking

LendingClub’s latest results, in the words of CEO Scott Sanborn, tell a story of “two halves” of 2022 as interest rates continue to soar: Get...

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