What is a bank? A bank is a financial institution authorized to provide service options for customers who want to save, borrow or accrue more money. Banks typically accept deposits from, and offer ...
With the rise of digital banking, account security is more important than ever. Cybercriminals are constantly developing new ways to commit fraud, making it essential for banks to implement robust ...
Bankers across the globe are signalling a strategy shift. While optimizing costs is still the top priority, complying with regulations and innovation that strengthens their competitive edge are ...
Buried in a footnote of a nearly five-year-old regulatory letter, IL 1170, the national banking regulator, the Office of the Comptroller of the Currency (OCC), opened the door for national banks to ...
Who owns bank customers' data? It's a murky legal question, and answering it will determine the relationship between banks and fintechs in a future of open banking, writes Gene Ludwig. Whose data is ...
For nearly 50 years, Anamarie Hurt trusted her husband, Craig, to manage their finances. And he did a good job of it, making investments that grew into a comfortable nest egg. Then Craig walked into a ...
I have been told if a property has an existing mortgage on it and one wants to buy that property one can get a bank to do what’s known as a mortgage assignment so that one can avoid all or at least ...
Ama Samarasinghe does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...