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.

Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
September 18, 2024  |  Loans

For every fragmented ecosystem, there’s a digital innovation being built and scaled to streamline it. Get the Full Story Complete the form to unlock this...

READ MORE >
FDIC’s New Merger Guidelines Heighten Focus on Bank Sector’s ‘Stability’
FDIC’s New Merger Guidelines Heighten Focus on Bank Sector’s ‘Stability’
September 17, 2024  |  Banking

For the banks, the urge to merge may get held up by regulators — who’d formerly been using decades-old guidelines by which to judge the...

READ MORE >
FDIC Proposes Rule to Strengthen Banks’ Recordkeeping for Custodial Accounts
FDIC Proposes Rule to Strengthen Banks’ Recordkeeping for Custodial Accounts
September 17, 2024  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) has proposed a rule that would strengthen recordkeeping for bank deposits received from third party, non-bank companies that accept those...

READ MORE >
CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
September 17, 2024  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) aims to stop banks from charging overdraft fees based on what it calls “phantom opt-in agreements” — cases in...

READ MORE >
Oracle Launches Financial Crime and Compliance Management Service
Oracle Launches Financial Crime and Compliance Management Service
September 17, 2024  |  Security & Fraud

Oracle has launched a new service designed to help banks, FinTechs and other financial services companies identify potential financial crime and compliance issues and reduce...

READ MORE >
Five Star Bank Parent Plans to Exit Banking-as-a-Service Business
Five Star Bank Parent Plans to Exit Banking-as-a-Service Business
September 17, 2024  |  Banking

Financial Institutions says it’s getting out of the banking-as-a-service (BaaS) business. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >