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.

Wells Fargo, Brand Exec Retooling Bank’s Image to Part Ways

Wells Fargo, Brand Exec Retooling Bank’s Image to Part Ways
Wells Fargo, Brand Exec Retooling Bank’s Image to Part Ways
March 02, 2022  |  Banking

Wells Fargo will be replacing Barri Rafferty, who was the point person for rehabilitating the bank’s image, The Wall Street Journal reported Wednesday (March 2)....

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Today in FinTech: RapiCredit Eyes Brazil; Crypto Not on Deck at LendingClub; M&T Bank Wants FinTechs Regulated Like Banks; WorldPay Teams with Shyft to Meet FATF Rules
Today in FinTech: RapiCredit Eyes Brazil; Crypto Not on Deck at LendingClub; M&T Bank Wants...
March 02, 2022  |  International

In today’s FinTech news, Colombian short-term lender RapiCredit is looking to grow across Brazil and the Caribbean, while the LendingClub puts crypto on the backburner...

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Citigroup Launches Three-Phase Plan to Overhaul Operations and Returns
Citigroup Launches Three-Phase Plan to Overhaul Operations and Returns
March 02, 2022  |  Banking

Citigroup executives Wednesday (March 2) unveiled a three-phase plan they say will streamline the banking conglomerate’s operations and improve return rates for customers, according to...

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Russia’s Central Bank Plans Daily Auctions as Financial Squeeze Tightens
Russia’s Central Bank Plans Daily Auctions as Financial Squeeze Tightens
March 02, 2022  |  International

The Russian central bank said Wednesday (March 2) that it will host daily 3 trillion rouble ($28.31 billion) repossession and deposit auctions to help lending...

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China Will Sit Out Russia Sanctions, Regulator Says
China Will Sit Out Russia Sanctions, Regulator Says
March 02, 2022  |  International

China is opposed to unilateral financial sanctions against Russia and will not join Western countries in imposing them, the head of the country’s banking and...

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Banks: Russia Steps up Cyberwar Against Financial System
Banks: Russia Steps up Cyberwar Against Financial System
March 02, 2022  |  Banking

Russia has begun a cyberwar against the U.S. in retaliation to recent sanctions targeting the banking system and other major industries. Get the Full Story...

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Fed’s Plan to Expand Access to Payments System Raises Questions
Fed’s Plan to Expand Access to Payments System Raises Questions
March 02, 2022  |  Bank Regulation

On Tuesday, the Federal Reserve published an updated proposal for its guidelines to evaluate requests for accounts and services at Federal Reserve Banks. The new...

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Korean Regulators Adopt Rules for Mobile Bank Apps
Korean Regulators Adopt Rules for Mobile Bank Apps
March 02, 2022  |  Digital Banking

South Korea’s financial regulatory bodies plan to make bank mobile apps easier for seniors to use. Get the Full Story Complete the form to unlock...

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M&T Bank CEO Calls for More FinTech Regulation
M&T Bank CEO Calls for More FinTech Regulation
March 02, 2022  |  Banking

M&T Bank Corp CEO René Jones has made the case for holding digital banks to the same regulatory standards as traditional financial institutions (FIs). Get...

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