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.

Norwegian Regulator Slaps Santander With $1M Fine For AML Issue

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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APIs For FinTech Firms And Installment Plans
APIs For FinTech Firms And Installment Plans
July 02, 2019  |  B2B Payments

Programming innovations are making inroads, and are used by FinTech firms and banks to offer financial services to corporations and consumers. This week’s news touched on...

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Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
July 01, 2019  |  Cross-border Payments

The government in Zimbabwe has said it will allow citizens of the country to withdraw amounts up to $1,000 from foreign currency accounts, in a...

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BIS Warns About Corporate Borrowing
BIS Warns About Corporate Borrowing
July 01, 2019  |  B2B Payments

The Bank for International Settlements (BIS) has sent out a warning about the rise in corporate borrowing, saying it could be a danger to the...

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BIS Debuts Innovation Hub To Help Central Banks Collaborate
BIS Debuts Innovation Hub To Help Central Banks Collaborate
July 01, 2019  |  Banking

The Bank for International Settlements (BIS) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on...

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New Wells Office To Focus On Regulation
New Wells Office To Focus On Regulation
June 30, 2019  |  Banking

To continue fueling its transformation and focus on priorities of a regulatory nature, Wells Fargo has reportedly formed a new office. The Strategic Execution and...

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Why PayPal Agreed To Take A Seat At Libra’s Table
Why PayPal Agreed To Take A Seat At Libra’s Table
June 28, 2019  |  Facebook / Meta

In the aftermath of Facebook’s unveiling of Libra and its Calibra wallet, among the many questions raised was how it managed to get so many...

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