Search Results for: deposit insurance

Expect Major Moves from the CFPB in 2023
Banking Guest Posts

Expect Major Moves from the CFPB in 2023

Paul Davis
by Paul Davis0
Given the sharp rise of digital banking and fintech partnerships, high inflation, and rising interest rates, there is no doubt that the Consumer Financial Protection Bureau (CFPB) is stepping up oversight and discipline of traditional financial institutions.  Wells Fargo and Regions Bank are just two examples of what to expect......
Industry Must Help Build Trust in E-commerce if Nigeria Is to Enjoy Meaningful Growth
E-commerce News

Industry Must Help Build Trust in E-commerce if Nigeria Is to Enjoy Meaningful Growth

Fintech News Desk
by Fintech News Desk0
According to a 2021 fraud report from the NIBSS, the incidents of overall fraud attempts in Nigeria between 2019 to 2020 increased by 187% Fear of fraud is hindering the uptake of e-commerce in Nigeria, slowing the growth of business and entrepreneurship in the country. Some industry players believe a......
Discover Online Savings Account Ranks First for Customer Satisfaction in Direct Banking Study by J.D. Power
Analytics Banking News

Discover Online Savings Account Ranks First for Customer Satisfaction in Direct Banking Study by J.D. Power

Business Wire
by Business Wire0
Discover’s Online Savings Account ranked #1 in customer satisfaction in the J.D. Power 2023 U.S. Direct Banking Satisfaction Study with a score of 748, which is 30 points higher than the segment average and more than 10 points higher than the second placed bank. “It is extremely rewarding to receive this recognition......
Bluestone Bank Announces Meg McIsaac as New President and CEO
Banking News

Bluestone Bank Announces Meg McIsaac as New President and CEO

PR Newswire
by PR Newswire0
Seasoned banking industry leader with over 30 years of experience is named President and CEO of Bluestone Bank Bluestone Bank is pleased to announce that Meg McIsaac has been named President and CEO. McIsaac began her career in banking over 30 years ago and worked for large commercial banks until she went to......
Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse
Compliance management News

Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse

Business Wire
by Business Wire0
In the wake of the recent collapse of Silicon Valley Bank (SVB) and Signature Bank—and subsequent banking industry developments in the U.S. and elsewhere—markets and the public should be reassured by the response of federal regulators to cover depositors and to help maintain confidence and stability in the resilient U.S.......
Banking Economy Markets News

SVB Financial Group, Parent Of SVB Bank, Declares Bankruptcy.

Fintech Staff Writer
by Fintech Staff Writer0
SVB Financial Group has petitioned the United States Bankruptcy Protection Court for the Southern District of New York for a court-supervised Chapter 11 reorganisation. The business looks to sell its assets. The funds and general partner companies of SVB Securities and SVB Capital were not included in the Chapter 11......
Qik Banco Digital Dominicano Launches on the Temenos Banking Cloud
Banking News

Qik Banco Digital Dominicano Launches on the Temenos Banking Cloud

GlobeNewswire
by GlobeNewswire0
First Dominican neobank, subsidiary of Grupo Popular, will bring innovative digital banking to 10 million people of Dominican Republic Temenos announced that Qik Banco Digital Dominicano has launched on Temenos Banking Cloud, becoming the first digital-only bank in the Dominican Republic. Part of Grupo Popular, Qik combines more than five decades......
Axiom Bank, N.A. Partners with White Clay to Enhance Data Strategy
Fintech News

Axiom Bank, N.A. Partners with White Clay to Enhance Data Strategy

Business Wire
by Business Wire0
Bank gains greater visibility into customer relationships, helping drive growth White Clay, a company that helps community and regional financial institutions improve relationships and increase revenue, announced its partnership with Axiom Bank, N.A. “We’ve enjoyed the speed in which the White Clay team works, as well as the level of......
Apto Payments Announces Partnership with Sardine
Compliance management Digital Payments News

Apto Payments Announces Partnership with Sardine

Business Wire
by Business Wire0
Partnership will bring best-in-class fraud, compliance, and settlement solutions to Apto Payments customers Apto Payments, a one-stop-shop card issuing platform, announced its partnership with Sardine, the leading provider of fraud, compliance, and instant settlement solutions. The partnership will allow customers to quickly launch card programs with support from comprehensive transaction......
1