Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

Small Banks See Fortunes Rise and Fall With Crypto
Small Banks See Fortunes Rise and Fall With Crypto
August 15, 2022  |  Cryptocurrency

Small banks were happy to land cryptocurrency-related businesses as clients when the industry was booming. Now that crypto prices have plunged, those banks are on...

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Banks Must Bundle Up or Lose Customers Who Are Done With Piecemeal Services
Banks Must Bundle Up or Lose Customers Who Are Done With Piecemeal Services
August 15, 2022  |  Banking

In banking, simplicity rules, and financial institutions (FIs) must simplify and consolidate what’s on offer to consumers — lest they lose nearly half of their...

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Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
August 14, 2022  |  CBDC

Zimbabwe central bank governor John Mangudya has said there’s a “roadmap” to adopt a CBDC, a consultation paper from the bank said. This comes six...

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Rocket Mortgage, Q2 Holdings Partner to Offer FIs Digital Home Loan Process
Rocket Mortgage, Q2 Holdings Partner to Offer FIs Digital Home Loan Process
August 11, 2022  |  Loans

Banks and credit unions (CUs) want to advance their digital strategies and offer new conveniences to customers but may be wary of the cost of...

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Reserve Bank of India Strengthens Digital Lending Rules
Reserve Bank of India Strengthens Digital Lending Rules
August 10, 2022  |  Bank Regulation

India’s central bank has issued new guidelines designed to add oversight to digital lending apps and the lenders who work with them. According to a...

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Thailand Could Empower Central Bank to Help Regulate Crypto
Thailand Could Empower Central Bank to Help Regulate Crypto
August 10, 2022  |  Cryptocurrency

Authorities in Thailand are reportedly planning to amend regulations and authorize the country’s central bank to tighten oversight of cryptocurrency and digital assets. “Right now,...

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CFPB Fine Prompts Senators to Demand More Info From US Bank 
CFPB Fine Prompts Senators to Demand More Info From US Bank 
August 08, 2022  |  CFPB

Several Democratic senators fired off a letter to U.S. Bank CEO Andrew Cecere demanding additional information after the Consumer Financial Protection Bureau (CFPB) fined the...

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Regulators Fail to Rein In Risk of Shadow Banking, Former BoE Official Says
Regulators Fail to Rein In Risk of Shadow Banking, Former BoE Official Says
August 07, 2022  |  Bank Regulation

U.K. financial regulators haven’t tackled risks adequately, ex-Bank of England governor Paul Tucker says, and now they should construct a “comprehensive” new policy. Tucker said...

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US Ponders Tougher Regs for Regional Banks, Muddling Merger Deals
US Ponders Tougher Regs for Regional Banks, Muddling Merger Deals
August 07, 2022  |  Regulation

Regulators in the U.S. are looking into whether big regional banks should be required to add to the debt buffer that helps them in times...

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