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.

MoneyLion Acquired by Gen Digital to Create Financial Security Ecosystem
MoneyLion Acquired by Gen Digital to Create Financial Security Ecosystem
December 10, 2024  |  Acquisitions

Gen Digital plans to add financial wellness tools to its offerings by acquiring MoneyLion. The company entered into a definitive agreement to make the acquisition,...

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How Data-Sharing Consortium Approaches Are Beating Back Bank Fraud
How Data-Sharing Consortium Approaches Are Beating Back Bank Fraud
December 10, 2024  |  Security & Fraud

When it comes to fraud prevention, sharing is caring for financial institutions. News broke this month that a cybercriminal gang using Airbnb rentals as mini...

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BofA’s CashPro App Milestone Spotlights Treasury’s Digital Evolution
BofA’s CashPro App Milestone Spotlights Treasury’s Digital Evolution
December 10, 2024  |  B2B Payments

The days of chief financial officers and treasury teams being tethered to desktops or waiting for approvals via email are over. By the end of...

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Deutsche Bank Inks Corporate Banking Pact With Crypto.com
Deutsche Bank Inks Corporate Banking Pact With Crypto.com
December 10, 2024  |  Partnerships

Deutsche Bank is now Crypto.com’s corporate banking provider in Singapore, Australia and Hong Kong. The partnership is expected to involve additional banking support and coverage...

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Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
December 10, 2024  |  Security & Fraud

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Efforts to combat fraud in routine digital...

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Bank of England: Non-Banks Could Pose New Risks to Financial Stability
Bank of England: Non-Banks Could Pose New Risks to Financial Stability
December 09, 2024  |  Banking

Non-bank financial institutions like pension funds, insurance companies, hedge funds and money market funds could present risks to financial stability as their role in the...

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Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

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Banks Eye Stablecoins to Accelerate Cross-Border Innovation
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024  |  Cross-border Payments

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. But with the news Thursday (Dec. 5) that the U.S. licensed...

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Revolut Aims to Become New Zealand’s First Global Digital Bank
Revolut Aims to Become New Zealand’s First Global Digital Bank
December 09, 2024  |  Digital Banking

Revolut’s ongoing expansion efforts have the U.K. FinTech focused on New Zealand. While Revolut already provides services to customers in the island nation, it now...

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