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.

CFPB Takes First Steps for Open Banking, Big Tech Scrutiny

CFPB Takes First Steps for Open Banking, Big Tech Scrutiny
CFPB Takes First Steps for Open Banking, Big Tech Scrutiny
May 25, 2022  |  CFPB

When Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified on Capitol Hill in late April about the agency’s future plans to promote open banking...

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CFPB to Push for Consumer Finance Innovation, Competition
CFPB to Push for Consumer Finance Innovation, Competition
May 24, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has opened the Office of Competition and Innovation, to promote more competition and look into stumbling blocks for new...

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Nova Credit Teams with Alloy on Inclusive Business Lending
Nova Credit Teams with Alloy on Inclusive Business Lending
May 24, 2022  |  Partnerships

San Francisco-based FinTech Nova Credit partnered with identity decisioning platform Alloy to help lenders become more inclusive and serve more consumers across the credit spectrum...

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PBOC to Banks: Step Up Loan, Mortgage Approvals  
PBOC to Banks: Step Up Loan, Mortgage Approvals  
May 24, 2022  |  International

Regulators are telling banks in China to step up loan approvals and keep the flow of mortgages going as the world’s second-largest economy remains on...

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Heyday or Doomsday? Regulators, Banks at Odds Over CBDCs
Heyday or Doomsday? Regulators, Banks at Odds Over CBDCs
May 24, 2022  |  CBDC

The Federal Reserve asked the public for its thoughts on the need for a central bank digital currency (CBDC), and the banking industry has answered...

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JPMorgan’s Deep Pockets and Digital Banking Push Should Worry Neobanks
JPMorgan’s Deep Pockets and Digital Banking Push Should Worry Neobanks
May 24, 2022  |  Digital Banking

To build a business from the ground up takes money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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JPMorgan Expects Credit Losses to Stay Low Through ’23
JPMorgan Expects Credit Losses to Stay Low Through ’23
May 23, 2022  |  Banking

Fears of a recession have landed the markets in hot water, though JPMorgan doesn’t think there’s much cause to worry, The Wall Street Journal (WSJ)...

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Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
May 23, 2022  |  CBDC

Wall Street lenders want the U.S. government to slow down on their plans for a digital dollar, Bloomberg reported Monday (May 23). Get the Full...

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G-7 Leaders Cold on Crypto, Warm on CBDCs
G-7 Leaders Cold on Crypto, Warm on CBDCs
May 23, 2022  |  Regulation

The finance ministers and central bank governors from the G-7 met in Germany last week to discuss global economic issues, including cryptocurrencies and central bank...

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