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.

New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption

New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022  |  Real-Time Payments

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant...

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CFPB Eyes Open Banking’s Data Rules and ‘New Regulatory Approach’
CFPB Eyes Open Banking’s Data Rules and ‘New Regulatory Approach’
October 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is facing legal challenges to its very structure and its reach — and where it gets it funding. Get...

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CFPB Says Surprise Overdraft Fees Are Likely Illegal
CFPB Says Surprise Overdraft Fees Are Likely Illegal
October 26, 2022  |  Bank Regulation

Getting hit with an unexpected overdraft fee might be annoying, but according to America’s top consumer advocate, it’s probably also illegal. Get the Full Story...

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US Unbanked Population Shrinks to 4%
US Unbanked Population Shrinks to 4%
October 26, 2022  |  Financial Inclusion

Even in the face of the economic hardships that came with COVID-19, America’s unbanked dropped to around 4% last year. Get the Full Story Complete...

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Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
October 25, 2022  |  Banking

With decades-old legacy infrastructure and the rise of digital-only players disrupting the banking space, financial institutions (FIs) stand to gain a lot from digital transformation....

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EU Eyes Requiring PSPs to Offer Instant Euro Payments
EU Eyes Requiring PSPs to Offer Instant Euro Payments
October 25, 2022  |  Payment Methods

The European Commission is preparing to publish a draft payment law on Wednesday that will require payment service providers to offer 24/7 instant euro payment...

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Legacy Players and Digital Disruptors Will Join Forces to Reshape Payments
Legacy Players and Digital Disruptors Will Join Forces to Reshape Payments
October 25, 2022  |  Digital Payments

To a large extent the future of payments will be built on foundations laid in the past, but greatly enhanced by digital innovations that are...

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Credit Suisse Settles French Tax Case for $235M
Credit Suisse Settles French Tax Case for $235M
October 24, 2022  |  AML

Credit Suisse will pay 238 million euros ($235 million) to settle a tax fraud and money laundering case in France. Get the Full Story Complete...

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