Banks: Page 2

Business News

Bank of America Is Raising Its Minimum Wage — Up 53% Since 2017. Here's What Full-Time Salaries Will Look Like.

The North Carolina-based company said it's increased its minimum hourly rate at least five times in the past six years.

Finance

Why Cross-border Payments is Not as Simple as UPI and How that can be Changed

While the Asia-Pacific region, particularly India, has been a figurehead for fintech adoption, with UPI and other digital technologies, such as Aadhar, cross-border remittance continues to be a lengthy-tedious process.

Business News

Wall Street Banks Slapped with $549 Million in Fines for Using WhatsApp 'Off-Channel' at Work

Among the fined banks, Wells Fargo faces the steepest penalty at $125 million.

Business News

Federal Reserve's New Program Will Make Sending Money Faster and Easier Than Ever Before

FedNow aims to modernize the country's payment system, reducing delays in cash transfers and providing real-time settlement in central bank accounts.

Business News

Bank of America Slammed With $250 Million Fine for Opening Fake Accounts, Double-Dipping Charges — Here's How to Find Out If You Qualify for Payment

At least as far back as 2012, bank employees created unauthorized credit card accounts in customers' names to boost sales and better evaluations.

News and Trends

Punjab National Bank Launches Virtual Branch In Metaverse

The bank will offer an immersive 3D experience to the customers while performing traditional banking activities through their digital avatars

News and Trends

HDFC Twins Merger to Produce 4th Largest Bank in the World

HDFC-HDFC Bank merger which is set to take place on July 1 will see HDFC shareholders getting 42 shares of HDFC Bank for every 25 shares they hold.

Business News

The SEC Is Possibly Investigating 'Conduct' Of Former First Republic Executives Prior to JP Morgan Sale

The probe is allegedly looking into whether then-executives of the now-failed bank "improperly traded on insider information."

Money & Finance

Breaking the Bank: America's Multi-Trillion Dollar Banking Problem

Now, more than ever, is the time for the American people to fight to lessen our archaic banking system.

Cryptocurrency / Blockchain

The War Against Digital Currencies is Being Lost: What You Need to Know to Take Advantage

A marriage between Web3 centralization and Web2 decentralization is just one way in which new-year benefits and tech breakthroughs can fuel digital currency sustainability and growth.

Marketing

Why Customer Confidence Always Comes First

Using the recent banking crisis as the leading example, we should all step back and remember that customer confidence is the first and foremost thing that matters to us. How we do what we do comes secondary.

Business News

A 78-Year-Old Woman Robbed a Bank With a 'Sorry' Note

Bonnie Gooch was arrested in Missouri for a bank robbery. It's her third since 1977.

News and Trends

Banks Sanction INR 23.2 Lakh Crore To About 40.82 Crore Beneficiaries Under Mudra Yojana

PM Mudra Yojana has played a vital role in funding the unfunded and ensuring a life of dignity as well as prosperity for countless Indians

Business News

Silicon Valley Bank's Ousted CEO Cashed in Weeks Ago. Now There's a New Sheriff In Town, and He's No Stranger to a Crisis

New CEO Tim Mayopoulos says he has "experience in these kinds of situations."

Money & Finance

Watch Live Today: Keep Your Money Safe During the Bank Failure Panic

Finance expert and entrepreneur Gene Marks will join us for a special livestream discussion on the impact of the recent bank failures on your personal and business assets.