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.

RBS Takes On Challenger Banks With Launch Of Digital Banking App

RBS Takes On Challenger Banks With Launch Of Digital Banking App
RBS Takes On Challenger Banks With Launch Of Digital Banking App
November 27, 2019  |  Mobile Applications

The Royal Bank of Scotland (RBS) has created an app called Bó with the intention of helping people save money, as well as to compete...

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Police Raid Prompts Pope To Appoint New Vatican Financial Head
Police Raid Prompts Pope To Appoint New Vatican Financial Head
November 27, 2019  |  Security & Fraud

On the heels of a Vatican banking scandal and subsequent police raid, Pope Francis appointed senior Bank of Italy official Carmelo Barbagallo, 63, to head...

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How Credit Unions Can Win The FinServ Innovation Game
How Credit Unions Can Win The FinServ Innovation Game
November 27, 2019  |  Banking

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be...

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Citigroup Fined $56M In UK For Regulatory Reporting Miss
Citigroup Fined $56M In UK For Regulatory Reporting Miss
November 26, 2019  |  Bank Regulation

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate...

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Tech Glitch Causes Late Payments For UK’s TSB Bank Customers
Tech Glitch Causes Late Payments For UK’s TSB Bank Customers
November 22, 2019  |  Banking

British bank TSB, on the heels of an IT disaster that saw its annual profits wiped out, recently dealt with an issue where customer payments...

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Trade Finance Disruption With The Bank In Mind
Trade Finance Disruption With The Bank In Mind
November 20, 2019  |  B2B Payments

The world of trade finance has no shortage of friction points. It’s why many FinTech innovators have flocked to the space, with statistics like the...

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Ant Financial Aims For 2B Users But Has No IPO Plan
Ant Financial Aims For 2B Users But Has No IPO Plan
November 19, 2019  |  Mobile Payments

Chinese payments company Ant Financial has plans for the future — but going public isn’t one of them. Get the Full Story Complete the form...

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BlueVine Secures $102M To Build Out SMB Banking Services
BlueVine Secures $102M To Build Out SMB Banking Services
November 19, 2019  |  B2B Payments

Small business online lending platform BlueVine announced a $102.5 million funding round and plans to expand its presence in the small and medium-sized business (SMB)...

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Report: TSB Bank IT Crash Caused By Inadequate Testing
Report: TSB Bank IT Crash Caused By Inadequate Testing
November 19, 2019  |  Banking

A catastrophic IT crash that affected 2 million customers at TSB and locked them out of their accounts last year was blamed on moving the...

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