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.

Six Nordic Banks Team To Take On AML Issues
Six Nordic Banks Team To Take On AML Issues
July 05, 2019  |  Banking

Six major banks in the Nordic region will form a customer checking center to help combat money laundering and improve the reputation of the area’s...

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Irish Central Bank Fines Wells Fargo 5.9M Euros
Irish Central Bank Fines Wells Fargo 5.9M Euros
July 05, 2019  |  Banking

Ireland’s central bank has fined Wells Fargo 5.9 million euros, according to a report by Reuters. The fine is the second biggest ever issued by...

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David Marcus Defends Libra As Payments Champion For The Unbanked
David Marcus Defends Libra As Payments Champion For The Unbanked
July 03, 2019  |  Cryptocurrency

The co-creator of Facebook’s recently announced cryptocurrency, Libra, said the currency was created to help the unbanked population easily access the financial system, according to...

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Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
July 02, 2019  |  Banking

The Financial Supervisory Authority (FSA) in Norway has fined Santander, a Spanish bank, $1 million for violating Norwegian anti-money laundering (AML) statutes, according to a...

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APIs For FinTech Firms And Installment Plans
APIs For FinTech Firms And Installment Plans
July 02, 2019  |  B2B Payments

Programming innovations are making inroads, and are used by FinTech firms and banks to offer financial services to corporations and consumers. This week’s news touched on...

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Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
Zimbabwe To Allow Withdrawal Of US Dollars From Foreign Currency Accounts
July 01, 2019  |  International

The government in Zimbabwe has said it will allow citizens of the country to withdraw amounts up to $1,000 from foreign currency accounts, in a...

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