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.

Oscilar Launches AI-Powered ACH Fraud Detection for FinTechs, Financial Institutions
Oscilar Launches AI-Powered ACH Fraud Detection for FinTechs, Financial Institutions
June 13, 2024  |  Fraud Prevention

Oscilar has added an artificial intelligence (AI)-powered ACH Fraud Detection product to its lineup of risk technology solutions for FinTechs and financial institutions. The new...

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Why This CTO Says the Bank of the Future Is Already Here
Why This CTO Says the Bank of the Future Is Already Here
June 13, 2024  |  artificial intelligence

Digital banks have long eschewed physical branches in favor of direct, digital customer engagement. Digital banking’s convenience has been a competitive advantage for challenger or...

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New Zealand Probes Lack of Banking Competition
New Zealand Probes Lack of Banking Competition
June 12, 2024  |  Banking

New Zealand is reportedly examining competition in the banking sector. As Reuters reported Wednesday (June 12), the decision to investigate the industry follows a draft report earlier...

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At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
June 12, 2024  |  CFPB

Consumer Financial Protection Bureau Director Rohit Chopra took note during his Wednesday appearance before the Senate Banking Committee that companies including PayPal and JPMorgan are...

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Regions Bank Launches Digital Payments Solution Powered by BILL
Regions Bank Launches Digital Payments Solution Powered by BILL
June 12, 2024  |  B2B Payments

Regions Bank has launched a new digital payments solution designed to streamline payment and billing processes for its commercial clients. Powered by BILL’s financial operations...

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TymeBank Raising $150 Million as It Prepares for IPO
TymeBank Raising $150 Million as It Prepares for IPO
June 12, 2024  |  IPO

The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with...

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UK Neobank Starling Profits Soar 55% for Third Year in the Black
UK Neobank Starling Profits Soar 55% for Third Year in the Black
June 12, 2024  |  Digital Banking

Starling has just finished its third profitable year amid plans to expand its software operations. The British neobank on Wednesday (June 12) released its annual report, showing...

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Hawk Adds New Funding Amid Demand for AI-Powered Crime Fighting
Hawk Adds New Funding Amid Demand for AI-Powered Crime Fighting
June 11, 2024  |  Investments

Hawk is raising funds to support increasing demand for artificial intelligence (AI)-powered anti-financial crime technology. The company on Tuesday (June 11) announced the extension of its Series B...

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FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
June 11, 2024  |  Consumer Finance

The headlines swirl around Synapse’s bankruptcy and customers’ tales of being frozen out of their accounts. The FinTech space is always evolving, and the ongoing...

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