Cash is Not Going Away, ECB Executive Says
Long live cash, at least according to European Central Bank executive board member Yves Mersch. In a speech hosted by...
Risk & Security
Why Danske Bank is Working with Other Nordic Banks for a Unified Payments System
EXCLUSIVE - The Nordic countries, in the northern reaches of Europe, comprise a small region with a small population (about...
To Counter ATM Fraud, Banks Need to Deal with Technology Debt
EXCLUSIVE— While banks are making strides to improve their cybersecurity, it might be time to give the security on their...
Digital Banking Leads to Most Bank Branch Closings Since Great Depression
Is digital banking killing physical bank branches? How much truth is there to the longtime fear that online banking will...
SEC and CFTC Have Optimistic Outlook on Cryptocurrency and ICOs [VIDEO]
EXCLUSIVE -The chairs of Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), John Clayton and J. Christopher...
Nordea Uses Biometrics Authentication to Protect Consumer Data
Norwegian bank, Nordea is replacing token passwords with biometric authentication for its employees dealing with confidential customer data. For this,...
SEC, CFTC Talk Cryptocurrency and ICO Risks Before Senate Banking Committee
EXCLUSIVE - When it comes to cryptocurrencies and Initial Coin Offerings (ICOs), it seems that the Securities and Exchange Commission...
Hong Kong Monetary Authority Drafts Guidelines for Virtual Banks
The Hong Kong Monetary Authority has released draft guidelines for virtual banks looking to set up in the region, the...
As the Dow Crashes, Betterment, Wealthfront Users Locked Out of Site, Mobile App
EXCLUSIVE—Users of roboadvisor investment service Betterment who hoped to minimize the damage of the DOW’s crash—1,500 points as of last...
Lloyds Banking Group Joins BofA, Chase, and Citi in Banning Bitcoin Purchases on Cards
EXCLUSIVE - Add one more to the mix. Today Lloyds Banking Group confirmed it has banned customers from buying bitcoin...
