July 6, 2025

Banking

Banking

Switzerland clamps down on journalists but uses their revelations

Swiss law prohibits journalists from using leaked banking data, even to reveal information of public interest. LÉA GIRARDOT / LE MONDE  Swiss authorities are quick to criticize the work of the press whenever it breaches the sacrosanct banking secrecy. While most democracies allow exceptions in their respective legislations to protect journalists who reveal information of public

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Banking

Cord Blood Banking Leader Cryo-Cell Announces Cash Dividend

OLDSMAR, Fla., May 08, 2025–(BUSINESS WIRE)–Cryo-Cell International, Inc. (NYSE American LLC Symbol: CCEL) (“Cryo-Cell”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced today that, as a result of the current economic environment and other capital allocation alternatives, its Board of Directors has approved the payment of a

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Banking

ConnectOne Merger to Reshape Long Island Banking Landscape with $284M Deal

Listen to this article THE BLUEPRINT: FDIC approves $284M ConnectOne–First of Long Island merger Combined bank to hold $14B in assets, $11B in deposits and loans Merger strengthens ConnectOne’s Long Island footprint Deal expected to close around June 1, pending final approvals The parent companies of ConnectOne Bank and The First National Bank of Long Island received

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Banking

Prop 123 Land Banking funds support new affordable housing in Colorado Springs, other cities

(COLORADO) — New affordable housing options are coming to several cities across Colorado, including Colorado Springs, and funding was secured by the voter-approved Proposition 123 Land Banking funds. On Wednesday, May 7, Governor Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and the Colorado Housing and Finance Authority (CHFA), announced 21

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Banking

The banking industry isn’t ready to fight AI-enabled deepfakes

The banking industry and its regulators need to acknowledge the danger presented by ultrarealistic deepfake technology and implement new layers of transaction authentication, writes Shivani Deodhar, of BNP Paribas, in American Banker’s BankThink.Adobe Stock In early 2024, a Hong Kong-based multinational was defrauded of $25 million after an employee was tricked into joining a video

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Banking

2025 Banking on Women’s Health Summit Closes with Game-Changing Commitments and Landmark Report Release

The 2025 edition of the Banking on Women’s Health Conference (BWHC), a significant event hosted by the prominent health-tech company Healthtracka, successfully concluded recently on Saturday, May 3rd, at the Federal Palace Hotel, situated in Victoria Island, Lagos. This landmark conference brought together key stakeholders from across the healthcare sector, policy-making bodies, and the technology

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Banking

CFPB Plans to Ask Court to Vacate Biden Open Banking Rule (1)

The Consumer Financial Protection Bureau plans to ask a federal judge in Kentucky to vacate a Biden-era rule allowing customers to freely share their bank and credit card account details with financial technology companies, multiple sources told Bloomberg Law. Mark Calabria, an Office of Management and Budget official detailed to the CFPB to lead rulemaking

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Banking

Digital Banking: Brazil’s Nubank Expands Benefits For Nubank+ Clients

Digital banking provider Nubank (NYSE: NU) has recently announced the expansion of a range of benefits that provide certain financial advantages while also enhancing the Nubank+ customers’ experience. Brazil‘s Nubank noted in a blog post that about one year after its launch, a range of new options have reportedly been incorporated into the benefits package,

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Banking

Review and Comparative Analysis of Desktop Platforms by Kapitalbank, Octobank, Hamkorbank, and Others

The digital transformation of the banking sector in Uzbekistan is gaining momentum. More and more clients prefer to conduct financial operations online, choosing internet banking as the main channel of interaction with banks. Under these circumstances, it becomes especially important to understand which financial institutions offer the most convenient, secure, and technologically advanced solutions for

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Banking

Cowboys banking on UDFA players taken in ‘second draft’ to succeed in Dallas

The Dallas Cowboys call the undrafted free agents they sign after the draft their “second draft”, and not just because they think it’s a funny name for a bunch of no-name camp bodies they sign to fill up the roster. They call it their second draft because the Cowboys don’t allow their scouts to “come

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