Banking Services

Will Rep. French Hill Lead House Financial Services Committee to Success?
Banking Will Rep. French Hill Lead House Financial Services Committee to Success?

Rep. French Hill (R-AR) has been chosen as the next chair of the House Financial Services Committee, a prominent position entrusted with overseeing major federal financial entities including the Department of the Treasury and the Federal Reserve. Hill's appointment follows the retirement of

December 16, 2024
Is Evolve Bank or Synapse to Blame for Missing Customer Funds?
Banking Is Evolve Bank or Synapse to Blame for Missing Customer Funds?

When the financial technology firm Yotta filed a lawsuit against Evolve Bank & Trust, claiming an egregious mismanagement of customer funds, it threw a spotlight on the complicated relationships among fintech companies, partner banks, and middleware firms. Yotta's complaint revolved around

December 13, 2024
Is the SAFE Banking Act Critical for Cannabis Reform?
Capital, Risk & Assets Is the SAFE Banking Act Critical for Cannabis Reform?

In the United States, the unfolding narrative of cannabis reform has been one of paradoxical developments. As various states move toward legalization, the discord between state and federal regulations becomes increasingly pronounced, bringing to light a critical issue—the dire need for the Secure a

December 11, 2024
Can Pawnshops Expand Services with Proposed BSP Rule Changes?
Banking Can Pawnshops Expand Services with Proposed BSP Rule Changes?

The Bangko Sentral ng Pilipinas (BSP) has introduced a proposal for rule changes concerning pawnshops, aiming to expand the range of services they can offer, including roles such as money changers and gold traders. This initiative includes amendments to the Manual of Regulations for Nonbank

November 25, 2024
Fintech and AI: Revolutionizing Financial Services and Customer Experience
Banking Fintech and AI: Revolutionizing Financial Services and Customer Experience

The financial services industry is undergoing a profound transformation driven by advancements in financial technology (fintech) and artificial intelligence (AI). These innovations are reshaping how financial institutions operate and how customers interact with financial services. This article

November 21, 2024
NatWest Group Partners with NCR Atleos to Upgrade 5,500+ ATMs and Devices
Banking NatWest Group Partners with NCR Atleos to Upgrade 5,500+ ATMs and Devices

In a bold move to modernize its self-service banking network, NatWest Group has announced an expanded collaboration with NCR Atleos to overhaul over 5,500 ATMs and multifunction devices. This initiative underscores NatWest Group's commitment to enhancing customer experience and operational

November 19, 2024
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