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.

As FedNow Rollout Progresses, Banks, Processors Begin Strategic Shifts
As FedNow Rollout Progresses, Banks, Processors Begin Strategic Shifts
September 22, 2022  |  Faster Payments

Less than a year from now, faster payments — instant ones, in fact — will be a widespread reality in the United States. Connie Theien,...

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Open Finance Platform MX Adds Connectivity, Insights, Mobile Banking
Open Finance Platform MX Adds Connectivity, Insights, Mobile Banking
September 21, 2022  |  Digital Banking

Open finance platform MX has announced product updates that bolster the platform’s ability to deliver financial data to financial institutions (FIs) and FinTechs and help...

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FV Bank Rolls Out Circle Integration
FV Bank Rolls Out Circle Integration
September 21, 2022  |  Banking

Puerto Rico’s FV Bank has launched a service for account holders that lets them instantly convert Circle’s USD Coin into U.S. dollars upon deposit. “This...

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UK Public Sector Workers Turn to BNPL Amid Real-Terms Wage Cuts
UK Public Sector Workers Turn to BNPL Amid Real-Terms Wage Cuts
September 21, 2022  |  Buy Now Pay Later

With struggling with soaring inflation and a cost-of-living crisis that is gripping the nation, public sector workers in the U.K. are feeling the pinch. Latest...

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Responsible Growth Focus of BoA CEO Moynihan’s Congressional Banking Testimony
Responsible Growth Focus of BoA CEO Moynihan’s Congressional Banking Testimony
September 21, 2022  |  Bank Regulation

Bank of America CEO Brian Moynihan is heading to Capitol Hill on Wednesday (Sept. 21) along with banking brass from six of the other biggest...

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Fed Adds Business and Analytics Tool for FedACH Service
Fed Adds Business and Analytics Tool for FedACH Service
September 19, 2022  |  Digital Payments

With both the number and the value of automated clearing house (ACH) payments continuing to rise, Federal Reserve Financial Services has launched a business and...

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Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
September 19, 2022  |  Banking

The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer...

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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  |  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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