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Facebook’s Libra Initiative on Increasingly Shaky Ground Banking

Facebook’s Libra Initiative on Increasingly Shaky Ground

Facebook’s controversial plans to launch its Libra cryptocurrency faced more scrutiny on October 17 when the…
Fed Loosens Dodd-Frank Restrictions On Banking Rules Banking

Fed Loosens Dodd-Frank Restrictions On Banking Rules

The Federal Reserve has taken action to ease restrictions imposed on banks with the Dodd-Frank Act…
Robots to Replace 200,000 Banking Jobs: Report Banking

Robots to Replace 200,000 Banking Jobs: Report

The next decade will see the greatest transfer from labor to capital the banking industry has…
FDIC Proposes to Let Banks Tap Reserves Banking

FDIC Proposes to Let Banks Tap Reserves

American banks could be seeing their biggest post-recession win very soon, as a new proposal is…
Banks May Lose $280 Billion To Non-Bank Payment Processors Banking

Banks May Lose $280 Billion To Non-Bank Payment Processors

Banks have seen the writing on the wall, and the writing says IIF: instant, invisible, and…
Talech Buy Leads Off US Bankcorp Acquisitions Banking

Talech Buy Leads Off US Bankcorp Acquisitions

US Bancorp has purchased Talech, a Palo Alto-based company whose point-of-sale software platform helps business perform…
Housing System Worse Than Before Great Recession, Officials Say Banking

Housing System Worse Than Before Great Recession, Officials Say

Trump administration officials are defending their plan to end government control of mortgage finance giants Fannie…
UK Millennials Most Vulnerable to Bank Fraud, Study Says Banking

UK Millennials Most Vulnerable to Bank Fraud, Study Says

British millennials are falling prey to financial scams more than any other age group. According to…
IRS Pursues “Accidental Americans” Overseas Banking

IRS Pursues “Accidental Americans” Overseas

Almost 300,000 EU citizens born in the United States are in danger of having their bank…
Illinois Legislation Favors Low-Cost Banking Products Banking

Illinois Legislation Favors Low-Cost Banking Products

The state of Illinois is now empowered to promote low-fee banking products that are tailored to…
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