Younger generations aren’t looking for a radically different financial institution. They’re looking for authentic connection, relevance and identity alignment.

What is a bank? A bank is a financial institution authorized to provide service options for customers who want to save, borrow or accrue more money. Banks typically accept deposits from, and offer ...

Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for ...

Understand how central banks monetize government debt by trading interest-bearing securities for cash, impacting inflation ...

There's a lot of interest in quantum computing in the banking world, but outside specialized teams at large institutions that have invested in it, there is a lack of clarity on what it is, how it ...

Key insight: Generative AI shifts effort downstream, creating hidden productivity costs. What's at stake: Missed controls can cost banks time, reputation and millions annually. Supporting data: Forty ...

Interest is one of the ways lenders make their money, and it’s what makes it worth it for them to give out loans. If you’re borrowing money, interest is the cost the bank charges you for the service.

JPMorgan, Citi, and Goldman Sachs are investing heavily in AI technology to transform operations, enhance productivity, and stay competitive.

A client of mine, John, called last month asking what he should do with some extra cash sitting at a local bank. I asked what “extra” meant and what he wanted to accomplish. He paused for a moment and ...

Banks don't store your money; they legally own it, profiting from your deposits and using them to gamble, making you the creditor. This design of how banks work is why financial literacy is vital.

Kailey Hagen has been writing about small businesses and finance for almost 10 years, with her work appearing on USA Today, CNN Money, Fox Business, and MSN Money. She specializes in personal and ...