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.

Report: Federal Reserve Reviews Goldman’s Retail Unit, Marcus

Report: Federal Reserve Reviews Goldman’s Retail Unit, Marcus
Report: Federal Reserve Reviews Goldman’s Retail Unit, Marcus
September 16, 2022  |  Bank Regulation

The Federal Reserve is reportedly reviewing the operation of Goldman Sachs Group’s retail online banking platform, Marcus, asking questions of Goldman managers in a weeks-long...

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Report: SEC Accounting Guidance Creates Hurdle for Banks’ Crypto Plans
Report: SEC Accounting Guidance Creates Hurdle for Banks’ Crypto Plans
September 16, 2022  |  Legal & Regulation

Despite demand from an increasing number of their clients for cryptocurrency products and services, many banks are reportedly holding back on offering them because accounting...

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Citigroup Continues EMEA Hiring Spree
Citigroup Continues EMEA Hiring Spree
September 14, 2022  |  Personnel

Citigroup has hired Barry Weir, a 20-year JPMorgan veteran, who will join the bank’s U.K. deals team. The appointment comes amid a global hiring drive...

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Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits
Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits
September 13, 2022  |  Banking

Deposits at U.S. banks are down $370 billion in the second quarter for the first time since 2018, and the banking industry also reported a...

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CBDC Weekly: Treasury Lends Support to US CBDC; Critics Say Digital Euro Must Do More
CBDC Weekly: Treasury Lends Support to US CBDC; Critics Say Digital Euro Must Do More
September 12, 2022  |  CBDC

Reports that the U.S. Treasury Department is going to recommend that the government build out a central bank digital currency (CBDC) before deciding if it...

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Stearns Bank Drives X-Border Payments With WireFX Collab
Stearns Bank Drives X-Border Payments With WireFX Collab
September 08, 2022  |  Partnerships

In a move to drive cross-border payments for its retail and business customers, independently-owned financial institution Stearns Bank is collaborating with FinTech startup WireFX. Get...

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OneSpan, BankID Extend Digital Identity Service to All Norwegian Banks
OneSpan, BankID Extend Digital Identity Service to All Norwegian Banks
September 07, 2022  |  Digital Identity

Digital agreements security company OneSpan and electronic identity company BankID have expanded their partnership to extend digital identity protection covering cross-border transactions to all Norwegian...

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Ex-Clinton OCC Chief: Crypto Firms ‘Getting Away With Murder’
Ex-Clinton OCC Chief: Crypto Firms ‘Getting Away With Murder’
September 06, 2022  |  Cryptocurrency

FinTechs and cryptocurrency companies that compete with banks without having to follow as many regulations are “getting away with murder,” Eugene Ludwig, comptroller of the...

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