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.

Sen. Elizabeth Warren Recommends Breaking Up Wells Fargo

Sen. Elizabeth Warren Recommends Breaking Up Wells Fargo
Sen. Elizabeth Warren Recommends Breaking Up Wells Fargo
September 15, 2021  |  Bank Regulation

Sen. Elizabeth Warren said she thinks the Federal Reserve needs to break up Wells Fargo over what she referred to in a letter on Monday...

READ MORE >
BIS Official Urges Central Banks to Adopt Digital Currency
BIS Official Urges Central Banks to Adopt Digital Currency
September 10, 2021  |  Cryptocurrency

The head of the Bank for International Settlements’ Innovation Hub has a message for the world’s central banks: get on the digital currency train or...

READ MORE >
MX, Payveris Partner on Money Movement Services
MX, Payveris Partner on Money Movement Services
September 08, 2021  |  Partnerships

Financial data platform MX and integrated money movement offering Payveris are getting together to improve account connectivity for U.S. financial institutions (FIs) and FinTechs as...

READ MORE >
FinTech BankiFi Raises $3M To Help Banks Better Serve SMBs
FinTech BankiFi Raises $3M To Help Banks Better Serve SMBs
September 06, 2021  |  B2B Payments

British FinTech BankiFi has secured a 2.2 million pound (approximately $3 million) investment in a funding round to help financial institutions (FIs) better serve small-...

READ MORE >
Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
September 03, 2021  |  CFPB

Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose...

READ MORE >
Exploring the Varied Real-Time Payments Adoption Rates Among FIs
Exploring the Varied Real-Time Payments Adoption Rates Among FIs
September 03, 2021  |  Payments Innovation

A battle has been raging in the financial industry over the past several years as FinTechs grow more popular and begin to offer more banking...

READ MORE >
IRS: Bank Reporting Data Key To Addressing Tax Evasion
IRS: Bank Reporting Data Key To Addressing Tax Evasion
September 02, 2021  |  Taxes

In a letter to Sen. Elizabeth Warren (D-Mass.) IRS Commissioner Charles Rettig said requiring banks to provide insight into customers’ transaction history could help the...

READ MORE >
Veridian Credit Union on the Advantages Real-Time Payments Can Provide for FIs
Veridian Credit Union on the Advantages Real-Time Payments Can Provide for FIs
September 02, 2021  |  Payments Innovation

As credit unions embrace real-time payments as a way to compete with their digital-first rivals, they’re also encountering new security challenges. In this month’s Real-Time...

READ MORE >