banking

Fintech giant Revolut has finally been granted a long-awaited banking licence from the Bank of England’s Prudential Regulation Authority (PRA), boosting its ability to compete with traditional banks and providing improved consumer…

Federal Reserve interest rates, which influence global lending rates, are higher than they have been in 23 years. But that’s not stopping JPMorgan Chase clients from feeling optimistic. In a survey of more than 100 founders and senior…

Banks have warned of higher transaction costs if Parliament approves the proposed value-added tax and increased fees on financial services, arguing that there is a risk of declining gains in financial inclusion and eliminating money…

Buckle up, because the financial sector is about to be swept up in a wave of transparency. For many years, consumer data remained boxed in a fenced garden, with traditional banks acting as gatekeepers. Access was tightly controlled,…

Bitcoin, an obscure digital currency, is back in the spotlight as the US banking system faces mounting pressure. While some predict a massive rise to $1 million per coin, fueled by economic woes, others remain skeptical.…

Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept risks to remain competitive. 65% of financial leaders say success with AI…

NatWest has issued an apology to customers following a service outage that made the app and online banking inaccessible.Customers began reporting issues early Tuesday morning, with many unable to log into their accounts via the…

Chinese police forces have blown up a major underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). according to a report From local media…

A £50 million ($63.3 million) service to fix problems between banks and their small business clients is set to close after three years. When the business banking solution, backed and funded by a group of lenders, was launched in…

The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin's most ardent…