Banking and finance

Three key points of the TDR regarding the National Conference of State Legislatures and the Secure Banking Act: The push for the SAFE Banking Act is gaining momentum with significant support. National Conference of State Legislatures Supports SAFE Banking Act The economic impact of the SAFE Banking Act could be transformative for the cannabis industry. […]

Another round of quarterly bank earnings came in the past few days. Not for the biggest banks, but mostly for the big regional banks. But the picture is not very pretty. High interest rates – likely to remain high for a long time, the Federal Reserve warns – are hurting profits. On Thursday, KeyCorp, Comerica […]

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a customer? you can sign up right here, You can listen to the audio version of the newsletter by clicking the same link. New York cnn , Despite recovery from the crisis in 2023, the pain for America's regional banks […]

After a tumultuous 2023, it is no surprise that banks are focusing more on growing deposits. According to BAI Banking Outlook: 2024 Trends ReportThis is their number one business priority. However, without an excellent customer experience (CX), it is challenging to attract new customers, let alone retain them. And only 11% of banks say they […]

breadcrumb trail link news fintech finance banking Ottawa outlines next steps to encourage competitive open banking and pensions to keep more of their billions of dollars invested at home Get the latest from Barbara Schecter delivered straight to your inbox Sign up Published on April 17, 2024 , read 4 minutes You can save this […]

former US senator corey gardner Several ranking congressional members intend to link the SAFER Banking Act to the federally passed Federal Aviation Administration reauthorization, he told a panel on the first day of the Benzinga Cannabis Capital Conference in Florida. “It may not be pretty but it will get the job done,” the Colorado Republican […]

(Reuters) – Morgan Stanley's profit rose in the first quarter on a resurgence in investment banking. The Wall Street bank on Tuesday reported net income of $3.4 billion, or $2.02 a share, in the three months ended March 31. That compares with $3 billion, or $1.70 per share, a year earlier. (Reporting by Manya Saini […]

Sopra Banking Software (SBS), the global financial technology company trusted by more than 1,500 financial institutions to digitally transform the way they work, today announced the availability of its cloud-based instant payments solution. The technology enables banks and financial institutions to secure instant payments for consumers anytime, anywhere. The Sopra Banking Platform (SBP) Instant Payments […]

Author: Vijay Manoharan, CEO of CIMB Bank Philippines In my dual role as the head of a digital-only commercial bank and as a banking customer myself, I take great pride in playing my part in leading CIMB in reshaping local banking: from before Opening doors to financial services for underprivileged Filipinos. Yet, amid our progress, […]