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.

TD Bank Reportedly Facing $3 Billion Money Laundering Penalty
TD Bank Reportedly Facing $3 Billion Money Laundering Penalty
October 10, 2024  |  Bank Regulation

TD Bank’s American unit is reportedly set to plead guilty to anti-money laundering failures. The Toronto-based bank is expected to pay a roughly $3 billion...

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Markaaz CEO: SMBs Need a ‘Golden Record’ of Truth to Access Lending
Markaaz CEO: SMBs Need a ‘Golden Record’ of Truth to Access Lending
October 10, 2024  |  SMBs

If information is power, the lack of information creates a vacuum, especially in small business banking. As to what’s needed? Call it a single source...

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Battle Lines Being Drawn as FDIC Examines Industrial Loan Companies
Battle Lines Being Drawn as FDIC Examines Industrial Loan Companies
October 09, 2024  |  Bank Regulation

A relatively obscure corner of the banking sector is being thrust into the spotlight — and the Federal Deposit Insurance Corp. may change the ways in...

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Grasshopper Bank to Acquire Auto Club Trust
Grasshopper Bank to Acquire Auto Club Trust
October 09, 2024  |  Acquisitions

Grasshopper Bank plans to acquire Auto Club Trust, a subsidiary of The Auto Club Group (ACG), saying it will become the exclusive bank powering depository...

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Candescent’s Brown: Credit Unions Need Human Touch to Attract Gen Z
Candescent’s Brown: Credit Unions Need Human Touch to Attract Gen Z
October 09, 2024  |  Banking

For all banks — but especially for small banks and credit unions — capturing the hearts, minds and wallet share of younger generations is more...

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Citibank Urges Dismissal of Lawsuit Alleging Failure to Prevent Fraud
Citibank Urges Dismissal of Lawsuit Alleging Failure to Prevent Fraud
October 08, 2024  |  Legal

Citibank lawyers urged a judge Tuesday (Oct. 8) to throw out a suit filed in January by New York Attorney General Letitia James that accuses...

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AI Surge Transforms Finance as Banks, Governance and Trading Evolve
AI Surge Transforms Finance as Banks, Governance and Trading Evolve
October 08, 2024  |  Artificial Intelligence

Artificial intelligence is reshaping finance, with PwC forecasting efficiency gains in banking, FINOS introducing an AI governance framework, and Devexperts bringing AI-powered trading to Discord....

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NuMark Credit Union Chooses Atleos to Upgrade ATM Offerings
NuMark Credit Union Chooses Atleos to Upgrade ATM Offerings
October 08, 2024  |  Credit Unions

Self-service banking provider NCR Atleos has launched a collaboration with NuMark Credit Union. “As member expectations continue to evolve, we are committed to providing a...

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Velera and Kinective Team to Help Credit Unions Integrate Financial Software
Velera and Kinective Team to Help Credit Unions Integrate Financial Software
October 08, 2024  |  Credit Unions

Credit union service organization Velera has launched a partnership with banking software company Kinective. The collaboration gives Velera’s credit union clients access to Kinective’s Gateway, an integration technology...

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