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.

Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector

Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
March 21, 2022  |  Artificial Intelligence

Use of artificial intelligence (AI) by financial institutions (FIs) and FinTechs is growing exponentially, and regulators are closing in on rule making for advanced systems...

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UK Regulator Orders Barclays to Correct Breaches
UK Regulator Orders Barclays to Correct Breaches
March 21, 2022  |  Bank Regulation

The United Kingdom’s banking regulator has ruled that Barclays Bank UK Plc has failed to make available accurate, comprehensive and timely information on its products...

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Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
March 21, 2022  |  Banking

As interest rates rise, and financial services firms must pivot toward new ways of engaging with customers and keeping them in place — and attracting...

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Taliban to Replace Conventional Banking Network With Islamic Banking
Taliban to Replace Conventional Banking Network With Islamic Banking
March 21, 2022  |  Banking

The Central Bank of Afghanistan will update the south central Asian country’s financial rules, according to Jurist.org. Get the Full Story Complete the form to...

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Offering Bitcoin Account Access, Nixing Fees, Helps FIs Take ATM Tech Into the Future
Offering Bitcoin Account Access, Nixing Fees, Helps FIs Take ATM Tech Into the Future
March 21, 2022  |  Banking

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National Bank of Egypt, Others Launch Nclude Venture Fund Aimed at Young Innovators
National Bank of Egypt, Others Launch Nclude Venture Fund Aimed at Young Innovators
March 20, 2022  |  Cross-border Payments

Egypt’s largest national banks, Banque Misr, National Bank of Egypt and Banque du Caire, have launched a new venture fund called Nclude, the banks announced...

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PYMNTS Intelligence: Why the Onboarding Process Is Key to Customer Retention in Corporate Banking
PYMNTS Intelligence: Why the Onboarding Process Is Key to Customer Retention in Corporate Banking
March 18, 2022  |  Banking

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FinCEN Announces $140M Fine Against USAA FSB for Violations of Bank Secrecy Act
FinCEN Announces $140M Fine Against USAA FSB for Violations of Bank Secrecy Act
March 17, 2022  |  Bank Regulation

The Financial Crimes Enforcement Network (FinCEN) has announced a $140 million civil money penalty against USAA Federal Savings Bank for “willful violations” of the Bank...

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