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.

NAB CEO, Chairman To Step Down Amid Performance Criticism
NAB CEO, Chairman To Step Down Amid Performance Criticism
February 07, 2019  |  Bank Regulation

National Australia Bank chief executive Andrew Thorburn and chairman Ken Henry are leaving amid criticism of their leadership at the bank. The Financial Times, citing...

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Raisin Raises $114M To Make Strategic Buys, Expand Internationally
Raisin Raises $114M To Make Strategic Buys, Expand Internationally
February 06, 2019  |  Fintech Investments

Raisin, the pan-European FinTech that operates a marketplace for savings and investment products, announced Wednesday (February 6) that it raised $114 million in venture capital funding,...

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Australian Reg: Banks Need More Competition
Australian Reg: Banks Need More Competition
February 03, 2019  |  Bank Regulation

Australia’s competition regulator is going after the banking industry in the country, vowing to punish what it claims is misconduct, reported The Financial Times. The...

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AML Scandals Hamper Estonia’s Digital Society Ambitions
AML Scandals Hamper Estonia’s Digital Society Ambitions
February 01, 2019  |  Security & Fraud

After being implicated in one of the largest money laundering scandals ever, Estonia is struggling to realize its dream of becoming a digital society, according...

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German Regulator Gives Nod To Deutsche Bank/Commerzbank Merger
German Regulator Gives Nod To Deutsche Bank/Commerzbank Merger
January 31, 2019  |  Partnerships / Acquisitions

A potential tie-up between German banks Deutsche Bank and Commerzbank should get the nod of regulators in Germany. The Wall Street Journal, citing a senior...

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Mastercard Eyes SMBs As Drivers Of FinTech Competition
Mastercard Eyes SMBs As Drivers Of FinTech Competition
January 31, 2019  |  B2B Payments

Mastercard has released its latest report on the FinTech landscape, with analysts fixing their eyes on the small business (SMB) community to drive competition and...

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Databases Don’t Store Intelligence — Getting Past AI Misconceptions
Databases Don’t Store Intelligence — Getting Past AI Misconceptions
January 31, 2019  |  Artificial Intelligence

Artificial intelligence is making the leap from the imagination of sci-fi authors and computer scientists into consumer and corporate life. But even as the theories...

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RBS Slapped With Lawsuit Over Frozen Accounts
RBS Slapped With Lawsuit Over Frozen Accounts
January 30, 2019  |  Legal

The Royal Bank of Scotland (RBS) is being sued by an unnamed British payments company over allegations that RBS froze accounts on suspicion of illegal...

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State Bank Of India Exposes Financial Data Of Millions
State Bank Of India Exposes Financial Data Of Millions
January 30, 2019  |  Safety and Security

State Bank of India, India’s biggest bank, was forced to patch a server that was unsecured, providing anyone with access to customers’ data. According to...

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