August 17, 2025

Banking

Banking

Best 7% Interest Savings Accounts of May 2025

It would be nice to get a 7% annual percentage yield (APY) on a savings account. This is virtually impossible right now, but a handful of banks currently offer rates above 5% — the highest on the market. We at the MarketWatch Guides team will detail savings accounts with high yields and discuss alternative investments

Read More
Banking

‘Rip-off’: App developer and Consumer say fees will stifle open banking and create roadblocks for start-ups

The change will make it easier and more efficient for his software to talk to the banks’ software through application programming interfaces or APIs. For Prosaic, it could suck down its customers’ account statements directly – a better and easier way to comb through things looking for tax-deductible expenses than its customers having to download

Read More
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

Read More
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

Read More
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

Read More
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

Read More
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

Read More
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

Read More
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

Read More
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,

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline