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.

Fiserv and Monex USA Collaborate on International Wire Transfers
Fiserv and Monex USA Collaborate on International Wire Transfers
June 05, 2024  |  Partnerships

Fiserv and Monex USA will work together to help financial institutions complete international wire transfers. The companies said in a Wednesday (June 5) press release...

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CFPB to Consult Consumers and Small Businesses on Open Banking Standards
CFPB to Consult Consumers and Small Businesses on Open Banking Standards
June 05, 2024  |  Bank Regulation

In the move to solidify the framework for open banking, the field for just who will help set the standards is wide open. News came...

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Treasury Secretary Janet Yellen to Detail Risks Associated With AI
Treasury Secretary Janet Yellen to Detail Risks Associated With AI
June 05, 2024  |  artificial intelligence

Treasury Secretary Janet Yellen will caution financial institutions on Thursday (June 6) about risks associated with the use of artificial intelligence (AI). While AI is...

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UK Neobank Starling Will Not Reapply for EU Banking License
UK Neobank Starling Will Not Reapply for EU Banking License
June 05, 2024  |  Banking

United Kingdom neobank Starling reportedly does not plan to reapply for a European Union banking license. Instead, the company will try to expand internationally via...

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Banks Boost Revenue Streams With Transaction Management Services and Technologies
Banks Boost Revenue Streams With Transaction Management Services and Technologies
June 04, 2024  |  Banking

Card spending is volatile, and commercial real estate loans look shaky. Rules on how much capital must be held on banks’ balance sheets are under...

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Lydia Turns to Marqeta to Power Sumeria Banking App
Lydia Turns to Marqeta to Power Sumeria Banking App
June 04, 2024  |  Partnerships

Card-issuing platform Marqeta has expanded its partnership with French payments firm Lydia. This extended collaboration, announced Tuesday (June 4), will see Marqeta power Lydia’s European...

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Bribery Probe Adds to TD Bank’s Legal Headaches
Bribery Probe Adds to TD Bank’s Legal Headaches
June 04, 2024  |  Bank Regulation

Toronto-Dominion (TD) Bank’s legal problems are growing with reported bribery allegations against a Florida banker. That ex-employee, Gerry Aquino Vargas, is accused of taking multiple...

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NCR Voyix’s Tansill Walks the Walk on Digital ‘Everywhere’ Banking
NCR Voyix’s Tansill Walks the Walk on Digital ‘Everywhere’ Banking
June 04, 2024  |  Digital Banking

Many companies pay lip service to their “ecosystem” as they navigate the world of digital banking solution providers and FinTech partnerships. Five months into his...

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Georgia-Based Pinnacle Bank Adopts CorServ Credit Card Program
Georgia-Based Pinnacle Bank Adopts CorServ Credit Card Program
June 03, 2024  |  Partnerships

Georgia-based Pinnacle Bank has tapped CorServ to launch a credit card program for commercial, business and consumer customers. The bank transitioned from its previous Agent Bank program...

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