Banking

The EY organization today announces an alliance between MoneyLion Inc., a leading enterprise and consumer FinTech company, and Ernst & Young LLP (EY US), to help drive innovation and growth within the banking sector. The Alliance leverages MoneyLion’s embedded finance...

Barclays Bank UK has agreed to acquire Tesco Bank’s retail banking business for £600 million, The banking giant will snap up its credit cards, unsecured personal loans, savings and banking operations as part of the deal. Additionally, Barclays UK will...

The European Central Bank- ECB on January 30 has hinted that it could make its monetary policy much greener as part of a new thrust so as to take climate change into account in its work. It is well to...

Michael Hsu, Acting Comptroller of the Currency, has gone on to propose the elimination of fast bank merger procedures that could as well enable certain deals to get approval without appropriate scrutiny. The proposal, which was issued on January 29...

It is worth noting that the majority of banking institutions go on to feel they are not well enough equipped when it comes to accommodating any further regulatory change from an internal process’s standpoint, says one of the fintech’s...

The transaction banking landscape is going through a seismic shift, thereby prompting financial institutions to re-evaluate their strategies in response to changing buying elements, rising competitors, as well as evolving regulatory landscapes. Chief financial officers as well as corporate...

In a recent development that has taken place, the European Central Bank has asked certain banks to closely track activity on social media so as to detect a decline in sentiment, which could lead to a deposit run, as...