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.

Treasury Rethinks AML Rules for Banks That Know Their Customers

Treasury Rethinks AML Rules for Banks That Know Their Customers
Treasury Rethinks AML Rules for Banks That Know Their Customers
September 15, 2026  |  Bank Regulation

Treasury may raise longstanding bank reporting thresholds and take into account how long financial institutions have known their customers, Treasury Secretary Scott Bessent told lawmakers...

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Revolut Secures Sixth Global Bank License in Colombia
Revolut Secures Sixth Global Bank License in Colombia
September 15, 2026  |  Bank Regulation

Revolut continued its global expansion by securing a bank license in Colombia, the company said in a Tuesday (Sept. 15) press release. The license to...

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Ex-Synapse Partner Lineage Bank Rebrands as Harpeth in Community Banking Pivot
Ex-Synapse Partner Lineage Bank Rebrands as Harpeth in Community Banking Pivot
September 15, 2026  |  Banking

Lineage Bank, a Tennessee-based bank that was a partner bank for Synapse, the banking-as-a-service (BaaS) provider that went bankrupt in 2024, has rebranded as Harpeth...

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Enova Scraps Grasshopper Bank Acquisition After Pressure From State AGs
Enova Scraps Grasshopper Bank Acquisition After Pressure From State AGs
September 15, 2026  |  Banking

Online financial services company Enova has withdrawn its bank regulatory applications related to the proposed acquisition of Grasshopper Bancorp, saying in a Monday (Sept. 14)...

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Vista Explores Finastra Sale at Valuation Up to $12 Billion
Vista Explores Finastra Sale at Valuation Up to $12 Billion
September 15, 2026  |  Banking

Financial software provider Finastra could reportedly soon be up for sale by its private equity firm owner. Vista Equity Partners is exploring options for U.K.-based Finastra that could...

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TD Bank Commits $108 Billion to Canadian Infrastructure
TD Bank Commits $108 Billion to Canadian Infrastructure
September 14, 2026  |  Banking

TD Bank has announced a five-year, $108 billion (150 billion Canadian dollars) commitment to Canada’s “investment supercycle.” The project is designed to prompt new lending, underwriting...

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U.S. Bank Recruits Citi Executive to Lead Tech Sector Payments
U.S. Bank Recruits Citi Executive to Lead Tech Sector Payments
September 14, 2026  |  Personnel

U.S. Bank has named Citi veteran Calvert Lange to lead the delivery of payment and treasury solutions to technology, media, telecom, automotive, transportation, consumer and...

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Community Banks’ Biggest Third-Party Risk Is the Vendor They Can’t Replace
Community Banks’ Biggest Third-Party Risk Is the Vendor They Can’t Replace
September 14, 2026  |  Bank Regulation

A pair of regulatory actions issued Friday (Sept. 11) could change how banks think about third-party risk. The Federal Reserve Board, the Federal Deposit Insurance...

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