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.

FIS Targets $200 Billion Addressable Market in Global Money Movement
FIS Targets $200 Billion Addressable Market in Global Money Movement
May 07, 2024  |  Banking

At its investor day Tuesday (May 7), FIS management outlined its continuing strategy to capture share in global money movement — a market worth hundreds of billions...

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FIS Launches Embedded Finance Platform for Financial Institutions and Businesses
FIS Launches Embedded Finance Platform for Financial Institutions and Businesses
May 07, 2024  |  B2B Payments

FIS has launched an embedded finance platform designed for use by financial institutions, businesses and software developers. The new “Atelio by FIS” platform can help...

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CFPB Rule 1033 Will Hasten Shift to Open Banking in US
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
May 07, 2024  |  Payments Innovation

Back in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data and data sharing. And it wasted no time signaling the intent behind it....

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Fed Survey Reveals Tighter Standards and Weaker Demand for Loans
Fed Survey Reveals Tighter Standards and Weaker Demand for Loans
May 06, 2024  |  Loans

Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. And the pressures, as noted in...

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ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
May 06, 2024  |  CBDC

Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if...

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Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’ Vulnerabilities
Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’ Vulnerabilities
May 06, 2024  |  Bank Regulation

The rise of open banking and FinTechs is changing the fabric of financial services. Data sharing and pacts between traditional financial institutions and digital-only innovators...

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Citi’s Chief Digital Officer Connects Data to Customer Experience
Citi’s Chief Digital Officer Connects Data to Customer Experience
May 06, 2024  |  Digital Banking

The amount of data now being generated by consumers is testing the constraints of the dictionary. Only 10 years ago it was measured in terabytes, which is a trillion bytes. But now...

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Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
May 05, 2024  |  Loans

Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. For example, the Financial Times (FT) reported last week, Apollo Global has...

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Banks Boost Visibility, Customer Service With Branches in Airport Terminals
Banks Boost Visibility, Customer Service With Branches in Airport Terminals
May 03, 2024  |  Banking

Several banks have reportedly expanded their retail footprint into airport terminals. These bank branches in airports offer convenience, comfort and a range of financial services to existing...

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