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.

Report: OCC Hack Prompts Information Sharing Limits From Big Banks

Report: OCC Hack Prompts Information Sharing Limits From Big Banks
Report: OCC Hack Prompts Information Sharing Limits From Big Banks
April 14, 2025  |  Bank Regulation

A Bloomberg report released late Monday (April 14) says that JPMorgan Chase and Bank of New York Mellon have scaled back electronic information sharing with...

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Bank of America to Pay $540.3 Million After Ruling in FDIC Lawsuit
Bank of America to Pay $540.3 Million After Ruling in FDIC Lawsuit
April 14, 2025  |  Bank Regulation

Bank of America will reportedly pay $540.3 million following a judge’s ruling in a lawsuit in which the Federal Deposit Insurance Corp. (FDIC) accused the...

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Bank of England Scrutinizes Growing Market for Significant Risk Transfers
Bank of England Scrutinizes Growing Market for Significant Risk Transfers
April 14, 2025  |  Banking

British lenders are reportedly concerned that the Bank of England’s scrutiny of significant risk transfers (SRTs), also known as synthetic risk transfers, could slow the...

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Lloyds Bank and Coinbase: Inside Their Generative AI Playbooks
Lloyds Bank and Coinbase: Inside Their Generative AI Playbooks
April 14, 2025  |  artificial intelligence

Lloyds Banking Group, one of the U.K.’s largest financial services firms, is planning to launch a consumer-facing AI agent as early as August. Get the...

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Wells Fargo Expands Technology Banking Team Amid Tech Sector Growth
Wells Fargo Expands Technology Banking Team Amid Tech Sector Growth
April 14, 2025  |  Banking

Wells Fargo said it is making the largest investment in talent that it has made in the 25-year history of its Technology Banking organization. Get...

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Velera Teams Up With Zelle to Drive Faster Payments for Smaller Credit Unions
Velera Teams Up With Zelle to Drive Faster Payments for Smaller Credit Unions
April 14, 2025  |  Partnerships

Velera and Early Warning Services, the company behind Zelle, are partnering to broaden real-time payment offerings for small financial institutions. Get the Full Story Complete...

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Wells Fargo Seeks Greater Fee-Based Traction While Economic Ambiguity Reigns
Wells Fargo Seeks Greater Fee-Based Traction While Economic Ambiguity Reigns
April 11, 2025  |  Earnings

Economic uncertainty is casting a long shadow over the year ahead. Bank leaders are framing 2025 as a year of “wait and see” marked by...

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Report: HSBC Discusses Partnerships With Private Credit Firms
Report: HSBC Discusses Partnerships With Private Credit Firms
April 11, 2025  |  Partnerships

HSBC is reportedly considering getting into the private credit market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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JPMorgan Credit and Debit Volumes Slow as Reserve for Card Losses Grows
JPMorgan Credit and Debit Volumes Slow as Reserve for Card Losses Grows
April 11, 2025  |  Earnings

For J.P. Morgan, caution abounds as the bank increased loan loss provisions, designed to cover possible loan losses amid economic turbulence. Get the Full Story...

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