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.

ACI Worldwide’s Banking Revenues Gain 42% as Company Sees Accelerating SaaS Demand
ACI Worldwide’s Banking Revenues Gain 42% as Company Sees Accelerating SaaS Demand
November 02, 2023  |  Real-Time Payments

ACI Worldwide’s third-quarter earnings results released Thursday (Nov. 2) showed a boost to the top line, underpinned by its bank segment as financial institutions seek...

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HSBC Launches Platform Using Blockchain Tech to Expedite Gold Trading
HSBC Launches Platform Using Blockchain Tech to Expedite Gold Trading
November 01, 2023  |  Blockchain

HSBC Holdings, one of the world’s leading bullion banks, aims to revolutionize the London gold market by harnessing the power of blockchain technology. The bank...

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Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
October 31, 2023  |  Fraud Prevention

They have different business models — but often compete for the same customers. And for banks and neobanks, there may be one commonality: The challenge...

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Bank Push Payment Scams Now 40% of UK Fraud
Bank Push Payment Scams Now 40% of UK Fraud
October 31, 2023  |  Security & Fraud

Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s...

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Citi Says Winning the End Customer Experience Is Future Battleground for Banks
Citi Says Winning the End Customer Experience Is Future Battleground for Banks
October 30, 2023  |  Banking

Institutional inertia is real, and it’s holding some incumbent businesses back while digital upstarts flourish. This situation is particularly acute for financial institutions (FIs) that...

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Fed Vice Chair Michael S. Barr Calls for Stablecoin Regulation
Fed Vice Chair Michael S. Barr Calls for Stablecoin Regulation
October 27, 2023  |  Cryptocurrency

Michael S. Barr, vice chair for supervision at the Federal Reserve, addressed the increased experimentation with new payment technologies, such as stablecoins and central bank digital...

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Citigroup Employees Have Pitched 350 Use Cases for Generative AI
Citigroup Employees Have Pitched 350 Use Cases for Generative AI
October 27, 2023  |  artificial intelligence

Citigroup is planning to leverage generative artificial intelligence (AI) to analyze documents, improve efficiency and ensure compliance with regulations. The potential applications of generative AI within...

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JPMorgan CEO Jamie Dimon to Sell 1 Million Shares
JPMorgan CEO Jamie Dimon to Sell 1 Million Shares
October 27, 2023  |  Banking

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon and his family plan to sell 1 million shares of JPMorgan stock. They are doing so for financial diversification...

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ISO 20022, Open Banking Will Transform Cross-Border Payments
ISO 20022, Open Banking Will Transform Cross-Border Payments
October 26, 2023  |  Cross-border Payments

Nilesh Dusane, global head of institutional payments at Amazon Web Services (AWS), told Karen Webster that there’s one common refrain among financial institutions (FIs) and...

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