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.

Regulatory Backlash Against Chatbots Comes as Banks Find Value in Their Use
Regulatory Backlash Against Chatbots Comes as Banks Find Value in Their Use
August 14, 2024  |  artificial intelligence

For banks, the chatbot is a tool that’s being retooled, a work in progress. The progress is being hastened by artificial intelligence (AI), where the...

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EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
August 14, 2024  |  Regulation

European banks reportedly have issues with the U.K.’s plan to cap international digital transaction fees. A pair of trade organizations — the European Banking Federation and Payments Europe —...

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Modern Treasury Expands Instant Payments Support to Mutual Customers at 6 Big Banks
Modern Treasury Expands Instant Payments Support to Mutual Customers at 6 Big Banks
August 14, 2024  |  Faster Payments

Modern Treasury has expanded instant payments support for mutual clients of six top banks. “Money is moving swiftly toward a real-time future, and seeing customers use...

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Optimizing Bank Relationships Challenges the Real-Time Treasury Executive
Optimizing Bank Relationships Challenges the Real-Time Treasury Executive
August 13, 2024  |  B2B Payments

A strong treasury department sees its banks not just as service providers, but as growth partners. Against that backdrop, the digital transformation of the banking...

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Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
August 13, 2024  |  News

The head of digital assets for Citi’s markets unit is reportedly stepping down. Shobhit Maini, who has held that job since 2021, is leaving the...

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Credit Unions vs Big Tech: Winner Gets the Customer
Credit Unions vs Big Tech: Winner Gets the Customer
August 13, 2024  |  Banking

For banks — and especially for credit unions — the battle with Big Tech for the hearts, minds and wallet share of consumers may seem...

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CFPB Wants to Set the Rules for How Banks Use AI
CFPB Wants to Set the Rules for How Banks Use AI
August 13, 2024  |  artificial intelligence

The Consumer Financial Protection Bureau (CFPB) has staked out a clear position on using artificial intelligence (AI) in financial services: There are no exceptions to...

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Centime Adds High-Yield Bank Account to AP Automation Solution
Centime Adds High-Yield Bank Account to AP Automation Solution
August 13, 2024  |  Accounts Payable

Centime added a fully liquid, high-yield bank account to its accounts payable (AP) automation solution. With the new offering, businesses can earn interest on AP...

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Lili Teams With Dun & Bradstreet on Business Banking
Lili Teams With Dun & Bradstreet on Business Banking
August 13, 2024  |  Partnerships

Lili, a small business-focused financial platform, launched a business banking collaboration with Dun & Bradstreet. “More than three-quarters of small business owners are concerned about...

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