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.

UK Watchdog Orders Barclays To Improve SMB Treatment
UK Watchdog Orders Barclays To Improve SMB Treatment
July 08, 2019  |  Bank Regulation

The U.K.’s Competition and Markets Authority (CMA) is ordering Barclays to improve its treatment of small and medium-sized businesses (SMBs) after the financial institution reportedly...

READ MORE >
Banks, Govs Show Continued Resistance To Facebook’s Libra
Banks, Govs Show Continued Resistance To Facebook’s Libra
July 08, 2019  |  Cryptocurrency

Many traditional banking institutions and governments have shown skepticism, silence and resistance to Facebook’s proposed cryptocurrency Libra, according to reports.  Get the Full Story Complete...

READ MORE >
Can ‘Elective’ Fees Work For Retail Banks?
Can ‘Elective’ Fees Work For Retail Banks?
July 08, 2019  |  Banking

Most people like their banks, a built-in advantage for banks and credit unions as they fend off challenges from upstarts, and as more and more...

READ MORE >
Six Nordic Banks Team To Take On AML Issues
Six Nordic Banks Team To Take On AML Issues
July 05, 2019  |  Banking

Six major banks in the Nordic region will form a customer checking center to help combat money laundering and improve the reputation of the area’s...

READ MORE >
Irish Central Bank Fines Wells Fargo 5.9M Euros
Irish Central Bank Fines Wells Fargo 5.9M Euros
July 05, 2019  |  Banking

Ireland’s central bank has fined Wells Fargo 5.9 million euros, according to a report by Reuters. The fine is the second biggest ever issued by...

READ MORE >
ECB Head Advocates EU Bank Consolidation
ECB Head Advocates EU Bank Consolidation
July 05, 2019  |  Banking

European Central Bank Supervisor Andrea Enria said that the banking system in Europe is operating with excess capacity, and that there should be some mergers...

READ MORE >
David Marcus Defends Libra As Payments Champion For The Unbanked
David Marcus Defends Libra As Payments Champion For The Unbanked
July 03, 2019  |  Cryptocurrency

The co-creator of Facebook’s recently announced cryptocurrency, Libra, said the currency was created to help the unbanked population easily access the financial system, according to...

READ MORE >
EU Nominates IMF’s Lagarde To Become President Of ECB
EU Nominates IMF’s Lagarde To Become President Of ECB
July 03, 2019  |  Banking

International Monetary Fund (IMF) chief Christine Lagarde is poised to become the first woman to run the European Central Bank (ECB). Get the Full Story...

READ MORE >
Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
July 02, 2019  |  Banking

The Financial Supervisory Authority (FSA) in Norway has fined Santander, a Spanish bank, $1 million for violating Norwegian anti-money laundering (AML) statutes, according to a...

READ MORE >