banking

Binance CEO Wants to be ‘Bridge’ for Crypto, Traditional FIs
Binance CEO Wants to be ‘Bridge’ for Crypto, Traditional FIs
November 02, 2022  |  Cryptocurrency

Binance Founder and CEO Changpeng Zhao is reportedly considering buying banks, saying such a move would build a bridge between crypto and traditional finance.  Zhao...

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FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
November 01, 2022  |  Cybersecurity

The number of ransomware attacks reported by financial institutions (FIs) and occurring in 2021 was double the number that occurred during the previous year. The...

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BNY Mellon Targets Disbursement Desire With Payment Platform Vaia
BNY Mellon Targets Disbursement Desire With Payment Platform Vaia
October 24, 2022  |  Disbursements

Banking giant BNY Mellon has debuted Vaia, an aggregated payment platform that lets institutions in the U.S. meet a growing demand for faster digital disbursement...

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FIs, FinTechs Leverage Blockchain To Power X-Border Payments In EU, Middle East
FIs, FinTechs Leverage Blockchain To Power X-Border Payments In EU, Middle East
October 19, 2022  |  Blockchain

In discussions of blockchain technology and its effect on payments, the idea that cryptocurrencies like Bitcoin will replace fiat money abounds. While arguments for and...

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FIs, Startups and Policymakers Drive Intra-African Trade, Payments Within EU-Style Customs Union
FIs, Startups and Policymakers Drive Intra-African Trade, Payments Within EU-Style Customs Union
October 18, 2022  |  Cross-border Payments

Africa is often lagging behind when it comes to global trade but in recent years, projects aimed at building a more autonomous pan-African economy, many...

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CFPB: Colleges Need to Protect Students From ‘Junk Fees’
CFPB: Colleges Need to Protect Students From ‘Junk Fees’
October 13, 2022  |  Legal & Regulation

America’s colleges have more work to do when it comes to protecting students from so-called “junk fees,” the Consumer Financial Protection Bureau (CFPB) said Thursday...

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Financial Scams up the Ante for FI Investment in AI-Powered Tools
Financial Scams up the Ante for FI Investment in AI-Powered Tools
October 10, 2022  |  B2B Payments

Something’s got to give, as the old song goes. As Dave Excell, founder of Featurespace, remarked to PYMNTS’ Karen Webster with a nod to fraud...

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FinTech Partnerships Pave Path for Branchless Banking
FinTech Partnerships Pave Path for Branchless Banking
October 06, 2022  |  Banking

The successful digital bank offers more than banking cloaked in an online wrapper. Treasury Prime Vice President of Banking Jeff Nowicki, Emprise Bank Senior VP...

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Chainlink, SWIFT Team on Blockchain Services
Chainlink, SWIFT Team on Blockchain Services
September 28, 2022  |  Blockchain

Chainlink and SWIFT have rolled out a partnership for a new service to help finance institutions operate in blockchain environments, a press release said. The...

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