banking

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…

Dan Kitwood/Getty Images News Deutsche Bank (NYSE:DB) has cut as many as 60 private banking roles in Singapore and Hong Kong over the past year, according to a Friday media report, as the German lender focused on lucrative markets and…

In a bold move towards innovation, major UK banking firms are stepping into the world of cryptocurrencies and blockchain technology. The UK Finance, the trade association for the UK’s banking and financial services sector, has launched a…

By Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley's first-quarter profit beat estimates on Tuesday, fueled by a resurgence in investment banking and growth in wealth management, sending shares up 3.7%. Investment banking…