by Ken Chase | Apr 4, 2022 | Banks, Market
By: Ken Chase. Bank of America is reportedly preparing to launch a new digital app in December that it expects to serve as its main hub for managing customer relationships. The move comes as BofA continues to emphasize digital engagement and improved customer service....
by Ken Chase | Mar 28, 2022 | Banks, Market
By: Ken Chase. In the wake of Russia’s invasion of Ukraine, the U.S., Canada, and Europe took collective action to ban key Russian banks from accessing the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network. For many people, that news probably...
by Ken Chase | Mar 28, 2022 | Banks, Market
By: Ken Chase More than four weeks since the Russian Federation launched its invasion into Ukraine, the world’s banks are continuing to adapt to the reality of yet another European war. Many of the largest financial institutions have been feverishly working to unwind...
by Ken Chase | Feb 22, 2022 | Banks, Market
By: Ken Chase JPMorgan Chase has become the first U.S. bank to enter the newly emerging metaverse, unveiling its virtual “Onyx lounge” in the blockchain-based virtual world Decentraland. The move comes as the nation’s largest bank by assets has been increasing its...
by Ken Chase | Feb 5, 2022 | Banks, Market
By: Ken Chase Late last month, the U.S. Office of the Comptroller of the Currency announced that a 2015 regulatory enforcement consent order against Wells Fargo had been terminated in December 2021. Last year saw the company freed from three major 2014 and 2015...
