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.

Today in Data: Battling Bank Fraud

Today in Data: Battling Bank Fraud
Today in Data: Battling Bank Fraud
July 11, 2022  |  Today In Data

Today in data, while banking fraud is on the rise, security professionals worry fraudsters have better tech than they do. Get the Full Story Complete...

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Open Banking Weekly: Europe Gives Glimpse Into the Future of Open Finance
Open Banking Weekly: Europe Gives Glimpse Into the Future of Open Finance
July 08, 2022  |  Banking

The phrase open finance refers to a broadening of the original remit of open banking to include a greater range of services. In the context...

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Griffin Bags $15.5M Investment to Grow BaaS
Griffin Bags $15.5M Investment to Grow BaaS
July 07, 2022  |  Investments

Banking as a Service (BaaS) startup, Griffin, has netted $15.5 million in fresh funding, the company announced Thursday (July) 7. Get the Full Story Complete the...

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Grasshopper on the Importance of Offering Secure, Frictionless Money Mobility
Grasshopper on the Importance of Offering Secure, Frictionless Money Mobility
July 07, 2022  |  Disbursements

In the new "Money Mobility Tracker" report, Christopher Mastrangelo of digital bank Grasshopper explains how biometrics and other cutting-edge tools have seen FIs take a...

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PSD3 Set to Mandate API Standardization
PSD3 Set to Mandate API Standardization
July 06, 2022  |  API

Last month, the European Banking Authority (EBA) published a response to the European Commission’s call for advice on the upcoming review of the revised Payment...

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BNY Mellon Names Longtime Goldman Executive Dermot McDonogh CFO
BNY Mellon Names Longtime Goldman Executive Dermot McDonogh CFO
July 06, 2022  |  Personnel

Bank of New York Mellon has named Dermot McDonogh as its chief financial officer, ending his run of more than 25 years at Goldman Sachs,...

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Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
July 06, 2022  |  Regulation

Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would...

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Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
July 06, 2022  |  Security & Fraud

A San Francisco law firm says it is investigating the fraud reimbursement practices of a number of major American banks that use the Zelle peer-to-peer...

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Biometrics, Digital Identity Help Online Banks Push the Limits on Money Mobility
Biometrics, Digital Identity Help Online Banks Push the Limits on Money Mobility
July 06, 2022  |  Disbursements

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