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.

Banks, Govs Show Continued Resistance To Facebook’s Libra
Banks, Govs Show Continued Resistance To Facebook’s Libra
July 08, 2019  |  Cryptocurrency

Many traditional banking institutions and governments have shown skepticism, silence and resistance to Facebook’s proposed cryptocurrency Libra, according to reports.  Get the Full Story Complete...

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Can ‘Elective’ Fees Work For Retail Banks?
Can ‘Elective’ Fees Work For Retail Banks?
July 08, 2019  |  Banking

Most people like their banks, a built-in advantage for banks and credit unions as they fend off challenges from upstarts, and as more and more...

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Six Nordic Banks Team To Take On AML Issues
Six Nordic Banks Team To Take On AML Issues
July 05, 2019  |  Banking

Six major banks in the Nordic region will form a customer checking center to help combat money laundering and improve the reputation of the area’s...

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Irish Central Bank Fines Wells Fargo 5.9M Euros
Irish Central Bank Fines Wells Fargo 5.9M Euros
July 05, 2019  |  Banking

Ireland’s central bank has fined Wells Fargo 5.9 million euros, according to a report by Reuters. The fine is the second biggest ever issued by...

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ECB Head Advocates EU Bank Consolidation
ECB Head Advocates EU Bank Consolidation
July 05, 2019  |  Banking

European Central Bank Supervisor Andrea Enria said that the banking system in Europe is operating with excess capacity, and that there should be some mergers...

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David Marcus Defends Libra As Payments Champion For The Unbanked
David Marcus Defends Libra As Payments Champion For The Unbanked
July 03, 2019  |  Cryptocurrency

The co-creator of Facebook’s recently announced cryptocurrency, Libra, said the currency was created to help the unbanked population easily access the financial system, according to...

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EU Nominates IMF’s Lagarde To Become President Of ECB
EU Nominates IMF’s Lagarde To Become President Of ECB
July 03, 2019  |  Banking

International Monetary Fund (IMF) chief Christine Lagarde is poised to become the first woman to run the European Central Bank (ECB). Get the Full Story...

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Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
July 02, 2019  |  Banking

The Financial Supervisory Authority (FSA) in Norway has fined Santander, a Spanish bank, $1 million for violating Norwegian anti-money laundering (AML) statutes, according to a...

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NCR Acquires D3 Technology
NCR Acquires D3 Technology
July 02, 2019  |  Banking

FinTech firm NCR Corporation has acquired D3 Technology Inc., an online and mobile banking specialist for the large financial institution (LFI) market. The acquisition of...

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