Transaction banking has gained greater recognition within the banking industry since the beginning of the financial crisis. Once viewed as the poor relation of investment banking, transaction banking ...

Here’s why this efficient payment method is steadily overcoming doubts to establish itself as a safe, efficient—and fast—alternative to cards. From instant-payment processing times to real-time ...

Federal Government denies plans to monitor bank accounts for tax; small businesses earning below ₦12 million exempt from ...

Scotiabank’s leadership in Canadian transaction banking reflects the bank’s ability to blend regional connectivity, digital innovation and a clear strategic focus on client primacy. In a competitive ...

The Nixon administration decided to start tackling financial fraud at the banking level. The government needed cooperation from the banks to catch money launderers, drug dealers, and other bad actors.

I am sure many of us have had that sinking feeling when we are at the ATM and slot in our cards, only to be met with an “unable to dispense cash” after setting up a debit transaction. To worsen this ...

The Central Bank of Nigeria (CBN) recently directed banks and non-bank acquirers to implement multi-factor authentication for foreign ...

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank has named international banking leader Tarek El-Yafi as head of U.S. Bank Global Transaction Services, a new group created to help meet the growing ...

Bank reconciliation software automates the process of matching bank transactions with a company’s financial records, ensuring accuracy and efficiency. Here’s our review of the six best options for ...