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.

Michel Barr Will Get Nominee Nod From Biden to Fill Fed Banking Role

Michel Barr Will Get Nominee Nod From Biden to Fill Fed Banking Role
Michel Barr Will Get Nominee Nod From Biden to Fill Fed Banking Role
April 15, 2022  |  Bank Regulation

Former Obama Treasury official Michel Barr is expected to get an official nomination from President Joe Biden to fill the role of vice chairman of...

READ MORE >
GoSolo Opens One-Stop Shop for Global Startups Entering UK Market
GoSolo Opens One-Stop Shop for Global Startups Entering UK Market
April 14, 2022  |  Cross-border Payments

GoSolo, which offers business accounts, will now be available for international entrepreneurs looking to base a business and its bank accounts in the U.K., the...

READ MORE >
24% of Credit Union Members Would Switch FIs for Digital Innovations
24% of Credit Union Members Would Switch FIs for Digital Innovations
April 14, 2022  |  Credit Unions

When consumers are picking a financial institution, digital features make a difference. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Wells Fargo Posts Declines in Revenue, Home Lending
Wells Fargo Posts Declines in Revenue, Home Lending
April 14, 2022  |  Earnings

Wells Fargo released its first-quarter earnings report Thursday (April 14), showing a decline in revenue — a 20% drop in profit from last year —...

READ MORE >
Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
April 14, 2022  |  Earnings

Despite the macro headwinds, the volatility in investment and Wall Street related businesses, Goldman Sachs continues to make headway in its consumer-facing segments — including...

READ MORE >
Beyond Cash, Debit, Credit — Alternatives Will no Longer be an Option
Beyond Cash, Debit, Credit — Alternatives Will no Longer be an Option
April 14, 2022  |  Opinion

The pandemic threw traditional technology implementation cycles out the window for many financial institutions as consumers turned to their digital devices to do all their...

READ MORE >
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
April 14, 2022  |  Cybersecurity

The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of...

READ MORE >
Circle Getting Closer to Applying for Digital Bank License
Circle Getting Closer to Applying for Digital Bank License
April 13, 2022  |  Cryptocurrency

Circle Internet Finance says it’s getting close to applying to become a digital bank in the U.S., even as regulators make it harder for crypto...

READ MORE >