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banking

102 articles

CDARS: A Tool for Diversifying Your Savings

Kiplinger

In case your financial institution goes belly-up, it's important to make sure that all the deposits you have there are federally insured against bank failure. Generally, deposit-account balances receive Federal…

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Should You Invest Your Emergency Fund?

Kiplinger

The entire purpose of an emergency fund is to have cash on hand when you need it. Yet money sitting in a savings account can feel like it’s doing nothing,…

Revolut’s Product Approvals Face UK Regulatory Scrutiny

PYMNTS

British regulators are reportedly reviewing Revolut’s process for approving new products. The Bank of England’s Prudential Regulation Authority (PRA)  issued what is known as a section 166 earlier this year…

Where’s the Best Place to Store $50k Now?

Kiplinger

In a rate-changing environment with persistently high prices, where you store your cash could be the difference between growing your wealth or eroding your purchasing power — to the tune…

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Citi Raises Savings Rates for Relationship Banking Clients

PYMNTS

Citi’s new program that offers higher savings rates to reward clients who deepen their relationship with the bank went live Monday (Oct. 26). When announcing the program, Premium Boost, in a Sept. 24 press…

Who’s Responsible When AI Agents Go Rogue?

PYMNTS

Watch more: Need to Know With ClawSecure’s JD Salbego Warning: This story will go fairly deep into the details of agentic artificial intelligence (AI) and agentic security. And another warning:…

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Polygon Secures US Money Transmitter Licenses

PYMNTS

Polygon has completed its acquisition of Coinme, making Polygon Open Money Stack a U.S.-regulated payments platform, the company said in an Oct. 14 blog post. “This is a huge step for Polygon,” the company said…