Browsing: banking

Signage at a Citibank branch in New York, US, on Sunday, Jan. 12, 2025. Michael Nagle | Bloomberg | Getty ImagesCitigroup on Tuesday ended a seven-year-old…

WASHINGTON — The Senate Banking Committee’s contribution to the “big, beautiful bill” would cut funding for the Consumer Financial Protection Bureau and eliminate the Office of…

WASHINGTON — A group representing state legislatures is criticizing the Senate stablecoin bill championed by congressional Republicans, arguing that a provision added to the bill after…

Wearables provide another option for contactless payments. Woohae Cho/Bloomberg Move over, smart watches: There’s a new generation of wearable technology expected to upend the payments space.The…

The concept of open banking, or financial data sharing between banks and fintechs, comes with a number of security concerns.What if an application programming interface —…

Anyone who has attempted to import multiple sets of data into a spreadsheet knows how important it is for shared datasets to have common formatting standards.…

As banking customers’ expectations for digital experiences rise and fintech competition grows, the cloud has become essential to staying relevant. But in the rush to modernize,…

Huntington Bancshares is joining a wave of out-of-state banks that are seeking to take advantage of Florida’s growing economy.The Columbus, Ohio-based bank announced Thursday that it…

Age range % who are likely to use an online-only account as primary account 18-24 42% 25-34 34% 35-54 15% 55+ 11% Source link

A cohort of Democratic Senate Banking Committee members Thursday demanded answers from the nation’s deposit insurer regarding an ongoing Department of Government Efficiency-led effort to cut…