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.

Banks’ Increased Liabilities on P2P Fraud May Have Silver Lining

Banks’ Increased Liabilities on P2P Fraud May Have Silver Lining
Banks’ Increased Liabilities on P2P Fraud May Have Silver Lining
July 19, 2022  |  Security & Fraud

Call it a reset on how the Consumer Financial Protection Bureau (CFPB) views authorized P2P fraud — and by extension, just who’s on the hook...

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CFPB Wants Banks to Pay Back Victims Scammed Using Zelle, Other P2P Services
CFPB Wants Banks to Pay Back Victims Scammed Using Zelle, Other P2P Services
July 19, 2022  |  CFPB

Victims of scams involving Zelle and other peer-to-peer (P2P) money transfer services could be getting new assistance from the Consumer Financial Protection Bureau (CFPB) by...

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How ‘Invisible’ Tech Is Revolutionizing the U.S. Banking System
How ‘Invisible’ Tech Is Revolutionizing the U.S. Banking System
July 19, 2022  |  Digital-First Banking

Way before he was a Broadway star, Alexander Hamilton was a formidable presence on another stage — in this case, the development of the U.S....

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How Nordic Payments Megastructure Can Drive Greater Regional Integration, Harmonization
How Nordic Payments Megastructure Can Drive Greater Regional Integration, Harmonization
July 18, 2022  |  Partnerships

From Europe’s first banknotes, issued in Stockholm in 1660, to the Danish government’s world-first abolition of paper bond certificates in 1980, the Nordic countries have...

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Truist Debuts Digital Consumer Accounts With No Overdraft Fees
Truist Debuts Digital Consumer Accounts With No Overdraft Fees
July 18, 2022  |  Digital-First Banking

Truist Financial on Monday (July 18) rolled out two accessible account options that will extend banking services to new customers while avoiding overdraft fees, a...

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Goldman Consumer Banking Revenues Grow 25% as Loss Reserves Surge 497%
Goldman Consumer Banking Revenues Grow 25% as Loss Reserves Surge 497%
July 18, 2022  |  Earnings

Goldman’s march to Main Street juggernaut continues — macro headwinds or not. Get the Full Story Complete the form to unlock this article and enjoy...

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BoA Reports 30% Jump in Virtual Assistant Usage
BoA Reports 30% Jump in Virtual Assistant Usage
July 18, 2022  |  Earnings

Americans are getting to know Bank of America’s Erica. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Citi Says P2P Payments Are Direct Deposits to Avoid Fees
Citi Says P2P Payments Are Direct Deposits to Avoid Fees
July 18, 2022  |  Payment Methods

Citi is now accepting peer-to-peer (P2P) payments as direct deposits that qualify for checking account monthly service fee waivers, according to a Monday (July 18)...

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UK FinTech Starling Scuttles EU Banking License
UK FinTech Starling Scuttles EU Banking License
July 18, 2022  |  Banking

Starling Bank, the U.K.-based digital bank, has curtailed its international expansion plans, halting its attempt to win a banking license in Europe. Get the Full...

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