Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
December 11, 2024  |  Regulation

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. In its newly released 2024 annual report, the...

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Google Cloud and Swift Partner on AI Model Training
Google Cloud and Swift Partner on AI Model Training
December 10, 2024  |  artificial intelligence

Google Cloud and Swift are working together to develop a secure, privacy-preserving solution for financial institutions that use federated learning techniques. Federated learning enables collaborative artificial...

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Three Things to Watch as FDIC Tightens Up on FinTech
Three Things to Watch as FDIC Tightens Up on FinTech
December 10, 2024  |  Regulation

Several watchdogs and agencies are sharpening their gaze on FinTechs, specifically bank-FinTech relationships and the risks tied to those partnerships. In July, the Board of...

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Newly Flush With Capital, Challenger Banks Face New Challenges
Newly Flush With Capital, Challenger Banks Face New Challenges
December 10, 2024  |  Security & Fraud

A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks,...

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How Data-Sharing Consortium Approaches Are Beating Back Bank Fraud
How Data-Sharing Consortium Approaches Are Beating Back Bank Fraud
December 10, 2024  |  Security & Fraud

When it comes to fraud prevention, sharing is caring for financial institutions. News broke this month that a cybercriminal gang using Airbnb rentals as mini...

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Lawsuit Alleges UK’s FCA Unfairly Excluded Some Businesses From Compensation
Lawsuit Alleges UK’s FCA Unfairly Excluded Some Businesses From Compensation
December 10, 2024  |  Legal

A lawsuit in the United Kingdom alleges that the country’s Financial Conduct Authority (FCA) unfairly “shut out” some small businesses when compensating customers who were...

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Deutsche Bank Inks Corporate Banking Pact With Crypto.com
Deutsche Bank Inks Corporate Banking Pact With Crypto.com
December 10, 2024  |  Partnerships

Deutsche Bank is now Crypto.com’s corporate banking provider in Singapore, Australia and Hong Kong. The partnership is expected to involve additional banking support and coverage...

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Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
December 10, 2024  |  Security & Fraud

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Efforts to combat fraud in routine digital...

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Banks Eye Stablecoins to Accelerate Cross-Border Innovation
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024  |  Cross-border Payments

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. But with the news Thursday (Dec. 5) that the U.S. licensed...

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