Banking

News and Trends

Wells Fargo Wants Employees to Delete TikTok From Company Phones

The banking institution has banned employees from installing the app.

How America's Retirement Dream Became a Nightmare

It's not too late to protect yourself from being left out in the cold.

How Fintech Innovations are Eroding Banking's Dominance

Cryptocurrency and peer-to-peer lending are helping upend norms in consumer finance.

How to Save Outside of a Brick-and-Mortar Bank and Make More Money

Your options are far and wide when you look past the big banks.

5 Ways Artificial Intelligence Is Already Transforming the Banking Industry

Having a high-level understanding of the goals big banks are looking to achieve with AI can provide food for thought and inspiration for digital entrepreneurs interested in fintech.

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China's Great Leap Forward in Global Mobile Payments

Paradoxically, it was the country's reluctance to adopt conventional banking that led to almost universal adoption of mobile payments.
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Why Fintech Has Failed to Supplant Big Banks - So Far

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Wells Fargo

Warren to Wells Fargo: Promises to Treat Customers Better After Scandal Are 'Meaningless'

In a Facebook post on Monday, the senator criticized Wells Fargo & Co.'s decision.
Apple Pay

Early Days, But Apple Pay Struggles Outside U.S.

More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments market, snagged by technical challenges, low consumer take-up and resistance from banks.
Technology

Chase Announces Plans to Allow ATM Withdrawals With Smartphones

Initially, transactions will be conducted using a one-time pin number sent to a user's device.
Small-business Banking

Why It's a Bad Idea to Mingle Small-Business and Personal Banking

You think opening separate accounts for your new business is a hassle? Just wait until you do your taxes or try getting a loan without a business credit history.

How the First Artist Bank Is Catering to Creatives

The new bank and app are proving that artistry and finance are not mutually exclusive.
Security

This One Stat Will Make You Never Want to Use an ATM Again

Debit-card security compromises at ATMs were up this year -- by a lot.