Home » Exam preparation » Archive by categoryBanking

What the Heck is Happening at Your Bank These Days?

If you’re like many Americans, you may be making fewer trips to the bank and instead taking care of check deposits with a mobile app or tracking account balances with a few mouse clicks. Digital banking is undeniably gaining ground over the old brick-and-mortar process. But about 84...
Continue reading

Chatbots Will Soon Discuss Your Banking Info With You

Text a question like “What’s my credit card debt?” or “How much did I spend on gas this month?” and the friendly answer comes within seconds. “Let’s see,” it begins, before listing the requested information. This is a banking chatbot, a software program that understands and responds to...
Continue reading

Banking to become open and a utility says FinTech chief

“Banking is the last vertically integrated sector left, but it is the next utility to face change,” said Michael Laven, CEO of the financial technology (FinTech) firm Currency Cloud, said on Tuesday. “Every other utility has been privatized and commoditized. (Telecom operator) BT might provide the rails but...
Continue reading