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.

CapOne CEO Says Consumers in ‘Good Shape’ as Card Purchases Surge
CapOne CEO Says Consumers in ‘Good Shape’ as Card Purchases Surge
October 24, 2024  |  Earnings

Capital One’s most recent quarterly earnings, posted Thursday (Oct. 24) after the bell, indicated that cardholders continued to embrace credit as a key payment method,...

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Federal Reserve Enforcement Action Flags Deficiencies at UniBank
Federal Reserve Enforcement Action Flags Deficiencies at UniBank
October 24, 2024  |  Bank Regulation

Washington-based UniBank and its parent company U&I Financial have agreed to measures to be taken under an enforcement action issued Thursday (Oct. 24) by the...

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Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
October 24, 2024  |  Economy

The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative...

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Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
October 23, 2024  |  Earnings

Investment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth in fixed income and currencies (FIC) and origination and advisory...

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Banking Trade Associations Sue CFPB to Block Data Sharing Rule
Banking Trade Associations Sue CFPB to Block Data Sharing Rule
October 22, 2024  |  CFPB

The Bank Policy Institute and the Kentucky Bankers Association filed a lawsuit Tuesday (Oct. 22) challenging the Consumer Financial Protection Bureau’s (CFPB) final rule on...

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Green Dot Launches Brand Focused on Embedded Finance Capabilities
Green Dot Launches Brand Focused on Embedded Finance Capabilities
October 22, 2024  |  Digital Banking

Green Dot has launched an embedded finance brand and platform of services called Arc by Green Dot. This new platform offers businesses a range of...

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HSBC Restructuring Includes New Leadership, Strategic Approaches
HSBC Restructuring Includes New Leadership, Strategic Approaches
October 22, 2024  |  Banking

HSBC is calling it a simplified organization structure. But a press release issued Tuesday (Oct. 22), indicates the banking group is making big changes being...

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CFPB Includes Payment Apps and Data Brokers in Final Rule 1033
CFPB Includes Payment Apps and Data Brokers in Final Rule 1033
October 22, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) swung for the fences this morning (October 22) as it issued the final version of its long-awaited Rule 1033 on...

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FinTechs Looking to Enter the US Market Better Be Sponsor-Bank Ready, Says Thredd’s McCarthy
FinTechs Looking to Enter the US Market Better Be Sponsor-Bank Ready, Says Thredd’s McCarthy
October 22, 2024  |  Markets

When it comes to overall opportunity, the United States isn’t a hard sell. The U.S. market is home to over 13,100 FinTechs, with some estimates...

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