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 Fed Rules Lower Asset Requirements For Banks

New Fed Rules Lower Asset Requirements For Banks
New Fed Rules Lower Asset Requirements For Banks
October 10, 2019  |  Bank Regulation

The United States Federal Reserve has passed new rules which lower the liquidity and capital requirements for most banks, as well as easing other restrictions....

READ MORE >
Barclays Customers Lose Access To Post Office Cash Withdrawals
Barclays Customers Lose Access To Post Office Cash Withdrawals
October 09, 2019  |  Banking

Barclays Bank is no longer going to let its customers withdraw cash from U.K. post offices beginning in January, and the decision has drawn the...

READ MORE >
NatWest Is Testing Biometric Credit Cards
NatWest Is Testing Biometric Credit Cards
October 09, 2019  |  Merchant Innovation

U.K. bank NatWest has started a three-month trial of a biometric credit card that will use a fingerprint in lieu of a PIN. Get the...

READ MORE >
Germany’s State-Backed Banks Advance Merger Discussions
Germany’s State-Backed Banks Advance Merger Discussions
October 09, 2019  |  Bank Regulation

Germany’s state-owned savings and cooperative banks are moving forward with discussions that could create a powerful financial association with $286 billion in assets and a...

READ MORE >
Tide Raises $54.3M In Funding Round
Tide Raises $54.3M In Funding Round
October 07, 2019  |  Investments

Tide, a popular business banking platform, has raised $54.3 million in a Series B funding round, the company announced in a release on Monday (Oct....

READ MORE >
Deutsche Bank’s New Tech Division Aims To Revamp Outdated IT
Deutsche Bank’s New Tech Division Aims To Revamp Outdated IT
October 07, 2019  |  Digital Banking

A new technology division is being launched at Germany’s Deutsche Bank to restructure systems for simplicity and efficiency, Reuters reported on Monday (Oct. 7). Get...

READ MORE >
RBI Claims India Banking Is ‘Safe And Stable’ After PMC Crisis
RBI Claims India Banking Is ‘Safe And Stable’ After PMC Crisis
October 02, 2019  |  Banking

The Reserve Bank of India is trying to reassure savers that all is well after a recent crisis involving Punjab and Maharashtra Co-operative Bank (PMC)....

READ MORE >
India’s PMC Bank Accused Of Loan Fraud
India’s PMC Bank Accused Of Loan Fraud
October 01, 2019  |  International

A recent police complaint alleges that the Punjab and Maharashtra Co-operative Bank (PMC) made up 21,000 fake accounts to hide loans, according to a report...

READ MORE >
US Banks Expected To Lose 200K Jobs To Technology
US Banks Expected To Lose 200K Jobs To Technology
October 01, 2019  |  Banking

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a...

READ MORE >