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.

Goldman Sachs Expands Transaction Banking to EU
Goldman Sachs Expands Transaction Banking to EU
September 20, 2022  |  Banking

Goldman Sachs is bringing Transaction Banking (TxB) to Frankfurt, Germany, before heading to Amsterdam, as the U.S. banker expands into the European Union with its...

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Bancorp Changes Status to National Bank Charter, Moves to South Dakota
Bancorp Changes Status to National Bank Charter, Moves to South Dakota
September 20, 2022  |  Digital-First Banking

The Bancorp Bank is dropping its Delaware charter to become a national bank and is now regulated by the Office of the Comptroller of the...

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Treasury Prime: API Banking Will Be ‘Table Stakes’ in Five Years
Treasury Prime: API Banking Will Be ‘Table Stakes’ in Five Years
September 20, 2022  |  API

A growing number of non-traditional financials, from the large neobanks of the world to small and mid-sized corporates, are looking to fashion new user experiences...

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As MENA FIs Adopt Open Banking, EU’s Mistakes Loom Large
As MENA FIs Adopt Open Banking, EU’s Mistakes Loom Large
September 20, 2022  |  Digital Banking

Unlike the United Kingdom and Europe, the use of application programming interfaces (APIs) by third parties to access consumers’ financial data with their consent —...

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Verity Debuts Family Banking App for MENA Users
Verity Debuts Family Banking App for MENA Users
September 19, 2022  |  Banking

Verity, a FinTech which works to help younger people earn, save and spend responsibly, has rolled out a new family banking and financial literacy app...

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Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
September 19, 2022  |  Digital Banking

The corner bank branch — the brick-and-mortar kind — may be giving way to a digital one embedded in our phones. Get the Full Story...

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Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
September 19, 2022  |  Banking

The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer...

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Report: U.S. Banking Regulators Watching Big Regional Banks
Report: U.S. Banking Regulators Watching Big Regional Banks
September 18, 2022  |  Bank Regulation

Large regional banks may be required to increase their financial cushions so they can better weather any crises that may emerge, the Wall Street Journal...

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Report: Federal Reserve Reviews Goldman’s Retail Unit, Marcus
Report: Federal Reserve Reviews Goldman’s Retail Unit, Marcus
September 16, 2022  |  Bank Regulation

The Federal Reserve is reportedly reviewing the operation of Goldman Sachs Group’s retail online banking platform, Marcus, asking questions of Goldman managers in a weeks-long...

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