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.

FDIC Consent Orders Show Internal and External Risk Exposure

FDIC Consent Orders Show Internal and External Risk Exposure
FDIC Consent Orders Show Internal and External Risk Exposure
September 27, 2024  |  Security & Fraud

A spate of recent enforcement decisions from the FDIC underscores risks that banks face — external as well as internal ones, where employees have allegedly...

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Visa SVP Talks Legacy Systems and Banking’s ‘Innovation as a Luxury’ Syndrome
Visa SVP Talks Legacy Systems and Banking’s ‘Innovation as a Luxury’ Syndrome
September 27, 2024  |  Innovation

Think back to an old episode of the hit show “Homeland,” the mini-series that seemed to put main character CIA agent Carrie Mathison (Claire Danes)...

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Bank-FinTech Collaboration Key to Accelerating Open Banking Adoption
Bank-FinTech Collaboration Key to Accelerating Open Banking Adoption
September 27, 2024  |  Partnerships

Demand for seamless, real-time financial information is driving a shift in banking. Get the Full Story Complete the form to unlock this article and enjoy...

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72% of Finance Leaders Use AI in Their Operations
72% of Finance Leaders Use AI in Their Operations
September 27, 2024  |  artificial intelligence

As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools...

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Yellen: 2023 Bank Runs Highlight Need for ‘Thoughtful Regulation’
Yellen: 2023 Bank Runs Highlight Need for ‘Thoughtful Regulation’
September 26, 2024  |  Regulation

Treasury Secretary Janet Yellen said Thursday (Sept. 26) that it takes continuous work to build and maintain a resilient financial system. Get the Full Story...

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Report: Wells Fargo Submits Third-Party Review to Federal Reserve
Report: Wells Fargo Submits Third-Party Review to Federal Reserve
September 26, 2024  |  Regulation

Wells Fargo reportedly submitted a third-party review of its risk and control overhauls to the Federal Reserve, seeking to end the Fed’s cap on its...

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CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
September 25, 2024  |  Regulation

The Federal Deposit Insurance Corp.’s (FDIC) recent proposal on recordkeeping for bank deposits received from third-party, nonbank companies is a step in the right direction....

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36% of Gen Z Pick FinTechs Over Banks for Online Payments
36% of Gen Z Pick FinTechs Over Banks for Online Payments
September 25, 2024  |  Banking

As digital solutions become more widely adopted, traditional financial institutions (FIs) face an escalating challenge from agile FinTech competitors. Younger consumers gravitate toward personalized financial...

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CFPB Publishes First Application From Potential Open Banking Standard-Setter
CFPB Publishes First Application From Potential Open Banking Standard-Setter
September 24, 2024  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the first application from an organization seeking recognition as an open banking standard-setter. Get...

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