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.

Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
January 21, 2025  |  Banking

Capital One’s fourth quarter results, released after the market closed on Tuesday (Jan. 21), indicated that consumers continue to spend on their cards, and stripping...

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Fifth Third Gains Deposits by Investing in Branches and Banking Platform
Fifth Third Gains Deposits by Investing in Branches and Banking Platform
January 21, 2025  |  Banking

Ohio-based Fifth Third Bancorp is seeing gains from its investments in new branches in the Southeast U.S. and its digital banking platform. Fifth Third generated...

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Judge Rules New York Lawsuit Against Citibank Can Proceed
Judge Rules New York Lawsuit Against Citibank Can Proceed
January 21, 2025  |  Fraud Prevention

Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. A federal judge rejected...

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You Can’t Teach an Old Tech Stack New Payments Tricks
You Can’t Teach an Old Tech Stack New Payments Tricks
January 21, 2025  |  B2B Payments

The tech stack is the engine that keeps businesses running, but for many financial services firms, it remains a labyrinth of outdated systems and cumbersome...

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Goldman Debuts in-House AI That’s ‘Like Talking to an Employee’
Goldman Debuts in-House AI That’s ‘Like Talking to an Employee’
January 21, 2025  |  artificial intelligence

Goldman Sachs has introduced an AI assistant for its traders, bankers and asset managers. Marco Argenti, the bank’s chief information officer, tells CNBC in an interview published Tuesday...

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KeyCorp Eyes Embedded Banking Expansion as Deposits Climb in Q4
KeyCorp Eyes Embedded Banking Expansion as Deposits Climb in Q4
January 21, 2025  |  Earnings

In its fourth-quarter results released Tuesday (Jan. 21), financial institution KeyCorp, noted growth in its deposits. Management stated on a conference call with analysts that...

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New FDIC Chair Pledges ‘Wholesale Review’ of Bank Regulations
New FDIC Chair Pledges ‘Wholesale Review’ of Bank Regulations
January 21, 2025  |  Bank Regulation

One of America’s newest financial watchdogs wants to conduct a sweeping review of bank regulations. Travis Hill, named acting head of the Federal Deposit Insurance Corporation (FDIC)...

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Why Privacy Is Crucial for Scaling Blockchain Across Financial Services
Why Privacy Is Crucial for Scaling Blockchain Across Financial Services
January 21, 2025  |  Blockchain

The marriage of blockchain and traditional finance is a paradoxical relationship. The financial services, banking and payments sectors are among the world’s most regulated. As...

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Citi: Corporates Pick Up ‘Gems of Companies’ in Dealmaking Revival
Citi: Corporates Pick Up ‘Gems of Companies’ in Dealmaking Revival
January 21, 2025  |  Acquisitions

Citigroup Head of Banking and Executive Vice Chair Vis Raghavan said a new regulatory regime has companies in the United States shopping for deals. Much...

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