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.

China Eyes Open Markets, Wide Shut
China Eyes Open Markets, Wide Shut
November 23, 2017  |  Investments

On the face of it, China’s announcement that it would open its financial markets to increased ownership by foreign companies seems a sea change. But...

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China Urges Local Governments To Halt New Internet Microlender Approvals
China Urges Local Governments To Halt New Internet Microlender Approvals
November 22, 2017  |  Regulation

China is regulating micro loans on the internet, with a high-level Chinese government agency issuing a notice urging provincial governments to halt approval of new...

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Artificial Intelligence: FIs’ Friend Or Foe?
Artificial Intelligence: FIs’ Friend Or Foe?
November 22, 2017  |  Artificial Intelligence

Artificial intelligence (AI) doesn’t walk and talk like C3P0 of “Star Wars” (many would say: “Thank God”). It doesn’t mask murderous intentions with a calming...

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Fiorano Introduces PSD2 Platform For Banks
Fiorano Introduces PSD2 Platform For Banks
November 21, 2017  |  B2B Payments

With Europe only weeks away from PSD2 taking effect, Fiorano Software is debuting its solution for financial institutions (FIs) in the region to comply with...

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Interim OCC Chief Wants More Individual Discretion For Bank Examiners
Interim OCC Chief Wants More Individual Discretion For Bank Examiners
November 21, 2017  |  Bank Regulation

While a top U.S. bank regulator has been working to ensure that examiners go easier on the institutions they inspect, he pointed out that those...

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60 Percent Of US Banking Customers Open To Trying New FinTechs
60 Percent Of US Banking Customers Open To Trying New FinTechs
November 21, 2017  |  Banking

Traditional banks should definitely be concerned about FinTechs after a new survey found that consumers are eager to see technology companies take on financial institutions...

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Deutsche Bank Learns To Compete Beyond Banks
Deutsche Bank Learns To Compete Beyond Banks
November 20, 2017  |  Banking

Deutsche Bank’s chief executive is concerned about more than competing with other banks. In fact, he revealed that the company spends most of its time...

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Virgin Money Plans First Concrete Step Into SMB Banking
Virgin Money Plans First Concrete Step Into SMB Banking
November 17, 2017  |  B2B Payments

Virgin Money is, once again, aiming to disrupt the U.K.’s small business (SMB) banking market. According to news from The Financial Times on Thursday (Nov. 16),...

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Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
November 17, 2017  |  Regulation

Lael Brainard, a member of the Federal Reserve’s Board of Governors, thinks that traditional lenders need to demand that online financial companies protect consumer privacy...

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