Application programming interfaces allow software programs to talk to each other. They are a potential solution to the current industry standoff over sharing of bank customer data with aggregation sites; in the long term, they could transform how banking is done, making customer relationships less sticky but opening up new revenue models for financial institutions. This paper lays out the basic issues surrounding APIs.
FNB Corp marked the grand opening of its new downtown Pittsburgh headquarters this week. The bank owns and occupies the majority of the 26-story tower in the city's Hill District, a new addition to the city's skyline and one of the few new towers built in the city's business district in recent years. And long-time bank executive Robert Goldstein has died at 84.
The Office of the Comptroller of the Currency is the latest federal banking agency to let go of probationary employees.
The heist is among the largest ever experienced by the crypto industry and highlights concerns many have over the need for better regulation.
The hacker group NoName057 claimed responsibility for DDoS attacks on major Italian banks, citing President Mattarella's remarks on Russia's invasion of Ukraine.
The Ark Invest founder said the fluctuation in the crypto market is healthy. "Bitcoin's in a four-year cycle and we're through a little more than half of it," Wood said.
Senior Republican House Financial Services Committee lawmakers in a letter to the Federal Deposit Insurance Corp. gave a series of recommendations that they said would combat so-called "debanking."
