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.

Fed Seeks Comment On New Operating Hours For Fedwire Funds

Fed Seeks Comment On New Operating Hours For Fedwire Funds
Fed Seeks Comment On New Operating Hours For Fedwire Funds
May 10, 2019  |  Banking

The Federal Reserve has released a request for comment on potential changes to its National Settlement Service (NSS) and Fedwire Funds Service, as well as...

READ MORE >
People And Bank Automation — An ‘And’ Not An ‘Or’
People And Bank Automation — An ‘And’ Not An ‘Or’
May 10, 2019  |  Banking

It is hard to argue, after five decades in existence, that the ATM hasn’t been an overwhelming success as financial products go — in fact,...

READ MORE >
Wells Fargo Appoints Derek Flowers To New Position To Oversee Compliance
Wells Fargo Appoints Derek Flowers To New Position To Oversee Compliance
May 09, 2019  |  Personnel

Derek Flowers has been named Wells Fargo‘s head of strategic execution and operations, a new position created by the lender to oversee compliance. Get the Full...

READ MORE >
Former Danske Chief Charged In Money Laundering Scandal
Former Danske Chief Charged In Money Laundering Scandal
May 08, 2019  |  Legal

Danish prosecutors have charged the former chief executive of Danske Bank over his involvement in one of the world’s largest money laundering scandals. Get the Full...

READ MORE >
Citi Lures Depositors With Credit Card-Like Perks
Citi Lures Depositors With Credit Card-Like Perks
May 07, 2019  |  Banking

Citigroup is the world’s largest credit-card issuer, with about 28 million customers, but the gap between its credit business and retail banking has grown larger....

READ MORE >
Ripple News: Boosts X-Border Partnership Tally
Ripple News: Boosts X-Border Partnership Tally
May 07, 2019  |  B2B Payments

Ripple has added to its cross-border payments roster with a recent linkup with Ria Money, while also readying a refresh of its xCurrent, geared toward...

READ MORE >
Singapore Mulls Issuing Digital-Only Bank Licenses
Singapore Mulls Issuing Digital-Only Bank Licenses
May 07, 2019  |  Digital Banking

Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), is in talks about letting online banks operate in the city. Get the Full Story Complete...

READ MORE >
Morgan Stanley Will Shutter Banking Operations In Russia In Q1 Of 2020
Morgan Stanley Will Shutter Banking Operations In Russia In Q1 Of 2020
May 06, 2019  |  Banking

Morgan Stanley will send the Russian central bank a notice that it’s going to formally close of all of its banking operations in the country...

READ MORE >
Bottomline’s 12 Percent Revenue Boost
Bottomline’s 12 Percent Revenue Boost
May 02, 2019  |  Earnings

Bottomline Technologies on Thursday (May 2) posted a 12 percent year-over-year gain in subscription and transaction revenue for the payment services provider’s fiscal third quarter 2019,...

READ MORE >