banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

Financial Services Regulation in 2025: More of the Same or Radical Shift?
Financial Services Regulation in 2025: More of the Same or Radical Shift?
December 24, 2024  |  Regulation

This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players...

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SEC Fines Deutsche Bank Securities $4 Million for ‘Stale’ Suspicious Activity Reports
SEC Fines Deutsche Bank Securities $4 Million for ‘Stale’ Suspicious Activity Reports
December 20, 2024  |  Bank Regulation

Deutsche Bank Securities agreed to pay a $4 million civil penalty to settle Securities and Exchange Commission (SEC) charges that it failed to file certain Suspicious...

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Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
December 20, 2024  |  Partnerships

As the banking and payments sector stands on the cusp of 2025 on a new regulation-averse government worldview, one of the issues that bears watching...

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Fed Issues Action Against Lineage Financial Separate from Synapse Case
Fed Issues Action Against Lineage Financial Separate from Synapse Case
December 19, 2024  |  Bank Regulation

The Federal Reserve Board has announced an enforcement action against Franklin, Tennessee-based Lineage Financial Network, the bank holding company of Lineage Bank. The Fed said in a Thursday...

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Capital One: Delaware’s Approval Moves Discover Acquisition Closer to Completion
Capital One: Delaware’s Approval Moves Discover Acquisition Closer to Completion
December 19, 2024  |  Acquisitions

Capital One said Thursday (Dec. 19) that its previously announced acquisition of Discover Financial Services has moved another step toward completion by receiving approval from...

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ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk
ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk
December 19, 2024  |  Security & Fraud

Consumers who initially appear low risk based on basic bank account validation may be revealed to be fraudsters when analyzed with additional signals and insights,...

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ERP Innovations Are Rebooting the Back Office as Organizations Modernize
ERP Innovations Are Rebooting the Back Office as Organizations Modernize
December 18, 2024  |  Technology

Organizations are grappling with the dual challenges of their legacy infrastructure and rapidly evolving technological demands to operate. A business case and contract request shared...

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FDIC Authorizes Potential Legal Action Against Former SVB Executives
FDIC Authorizes Potential Legal Action Against Former SVB Executives
December 18, 2024  |  Legal

The Federal Deposit Insurance Corporation (FDIC) board of directors reportedly votedunanimously to authorize potential legal action against six former officers and 11 former directors of...

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Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
December 17, 2024  |  B2B Payments

Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. The investment bank tapped this solution from Wise, a global technology focused on...

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