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.

Regulators Focus on Crypto, Hoping to Avoid Another Post-Crisis Reckoning

Regulators Focus on Crypto, Hoping to Avoid Another Post-Crisis Reckoning
Regulators Focus on Crypto, Hoping to Avoid Another Post-Crisis Reckoning
December 07, 2021  |  Cryptocurrency

In its Semiannual Risk Perspective report, the Office of the Comptroller of the Currency (OCC) elevated digital assets in the banking sector to one of...

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Yolt Expanding European Open Banking B2B Platform  
Yolt Expanding European Open Banking B2B Platform  
December 07, 2021  |  B2B Payments

Open banking provider Yolt is expanding its B2B platform across Europe after obtaining a PSD2 license from De Nederlandsche Bank (DNB), according to a IBS...

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Blockchain Finds New Use Cases Beyond Crypto
Blockchain Finds New Use Cases Beyond Crypto
December 07, 2021  |  Blockchain

In the great debate over cryptocurrencies — what they should be used for, whether they have a place in everyday commerce — there seems to...

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BIS: New Rules, Supervision Needed for Bond Funds, DeFi Growth
BIS: New Rules, Supervision Needed for Bond Funds, DeFi Growth
December 07, 2021  |  Bank Regulation

Stricter rules and more oversight are needed to curb the risk of bond funds throwing market stability and the runaway growth of decentralized finance (DeFi),...

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US Could Disconnect Russia from SWIFT Payments to Deter Ukraine Invasion
US Could Disconnect Russia from SWIFT Payments to Deter Ukraine Invasion
December 06, 2021  |  Legal & Regulation

Sanctions against Russia by the U.S. are being weighed to deter Russian President Vladimir Putin from launching an invasion into Ukraine, including severing the country...

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24% of Consumers Are Uncomfortable Sharing Bank Account Credentials With Third-Party Apps
24% of Consumers Are Uncomfortable Sharing Bank Account Credentials With Third-Party Apps
December 02, 2021  |  Banking

Although digital payment methods are now routinely used to purchase goods and services, some consumers who are concerned about protecting their bank accounts and personal information...

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As Crypto Firms’ Ambitions Grow, so Do Calls for SPDI Charters
As Crypto Firms’ Ambitions Grow, so Do Calls for SPDI Charters
December 02, 2021  |  Cryptocurrency

Having been hailed as the first crypto-friendly senator, Wyoming’s Cynthia Lummis lived up to that role on Dec. 1, asking her Republican colleagues to block...

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CFPB Lays Groundwork for Open Banking’s US Push
CFPB Lays Groundwork for Open Banking’s US Push
December 02, 2021  |  Banking

Open banking may have its roots across the pond, in the United Kingdom, but it’s fair to say the United States is quickly putting its...

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