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.

Wells Fargo Posts Declines in Revenue, Home Lending

Wells Fargo Posts Declines in Revenue, Home Lending
Wells Fargo Posts Declines in Revenue, Home Lending
April 14, 2022  |  Earnings

Wells Fargo released its first-quarter earnings report Thursday (April 14), showing a decline in revenue — a 20% drop in profit from last year —...

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Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
April 14, 2022  |  Earnings

Despite the macro headwinds, the volatility in investment and Wall Street related businesses, Goldman Sachs continues to make headway in its consumer-facing segments — including...

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Beyond Cash, Debit, Credit — Alternatives Will no Longer be an Option
Beyond Cash, Debit, Credit — Alternatives Will no Longer be an Option
April 14, 2022  |  Opinion

The pandemic threw traditional technology implementation cycles out the window for many financial institutions as consumers turned to their digital devices to do all their...

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UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
April 14, 2022  |  Cybersecurity

The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of...

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Circle Getting Closer to Applying for Digital Bank License
Circle Getting Closer to Applying for Digital Bank License
April 13, 2022  |  Cryptocurrency

Circle Internet Finance says it’s getting close to applying to become a digital bank in the U.S., even as regulators make it harder for crypto...

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Santander Bank Debuts Santander eLockBox to Consolidate Digital Payments
Santander Bank Debuts Santander eLockBox to Consolidate Digital Payments
April 13, 2022  |  B2B Payments

Banking giant Santander Bank, N.A. on Wednesday (April 13) launched Santander eLockBox, an electronic lockbox that consolidates businesses’ incoming digital payments and simplifies electronic receivables...

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44% of Consumers Say Their Digital Financial Accounts Are Not Highly Integrated
44% of Consumers Say Their Digital Financial Accounts Are Not Highly Integrated
April 13, 2022  |  Banking

Consumers who use online accounts with their financial services providers access those accounts in a variety of ways — using computer browsers, mobile device applications,...

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Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
April 13, 2022  |  CBDC

A growing school of thought says there is an important role for non-bank payments services providers in central bank digital currency (CBDC) design. Get the...

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