As the tension between Ukraine and Russia is intensifying, volatility is expected to increase in global markets. The EU upped its sanctions on Russia, cutting 'selected banks' from SWIFT.

In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News editors drill down on what Russia’s threats to retaliate against U.S. sanctions could mean for the banking industry. BAN spoke with experts who agree: Financial services companies, particularly regional banks, in the U.S. should be on heightened alert as cyberattacks are likely […]

Not that long ago, it was banks acquiring fintechs. Now, a fintech has bought a bank: BM Technologies plans to buy Seattle’s First Sound Bank for $23 million. Whether this is the start of a major trend depends on the resilience of financial institutions. Banks need to be fighting fit to compete with disruptive, agile […]

Open banking is a topic that can no longer be ignored, with the vast majority of financial institutions expecting the biggest changes in the next five years. The opportunities presented by open banking are huge. Banks connect the dots and develop insightful customer journeys; tap into an exceptionally broad marketplace; integrate with third-party services; and […]

TripActions says it has invested more than $400 million across the UK and Europe in less than a year.

Founded in 2013, LoanStreet claims 1,200+ US banks, credit unions, and direct lenders as customers.

DDoS (Distributed Denial of Service) attacks are making headlines almost every day. 2021 saw a 434% upsurge in DDoS attacks, 5.5 times higher than 2020. Q3 2021 saw a 24% increase in the number of DDoS attacks in comparison to Q3 2020.  Advanced DDoS attacks that are typically targeted, known as smart attacks, rose by 31% in the same period. Further, 73% of DDoS attacks in Q3 2021 were

JPMorgan closed Uniswap’s founder accounts because the major banks don’t have such a public approach to the crypto industry. Banks like JPMorgan operate in the shadows by preventing other crypto customers from having accounts so let’s read further into today’s latest crypto news. Uniswap’s founder Hayden Adams revealed that JPMorgan closed his bank account with […]

The FDIC-insured banks want to “unlock the financial opportunities” of blockchain technology.

AXIA has introduced its AXC coin staking program. Staking platform protects users from market volatility and inflation. AXC users can ...

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On January 13, NCR Corporation, one of the world’s largest manufacturers of automated teller machines (ATMs), announced a complete acquisition of LibertyX, a cryptocurrency software provider and AT...

A number of American banks formed a consortium to mint USDF stablecoins in an effort to address consumer protection and regulatory concerns about the non-bank-issued stablecoins as we can see more today in our cryptocurrency news. The USDF Consortium is an association of the Federal Deposit Insurance Corporation that was launched on January 12th. The […]