EU bank AML discrimination: A Dutch government audit found 61.8% of suspicious-transaction reports involved people with ...

The old way of getting a business loan is dead. In the past, a business owner could walk into a community bank. You could hand over a business plan and talk to a manager who knew your town. I served ...

Real-time gross settlement systems (such as Fedwire, run by the Federal Reserve), post accounting entries for each payment on the central banks’ books — where each payment sent or received impacts the ...

A new study from King's Business School at King's College London and the Federal Reserve Board shows most credit-limit increases are automated, targeting borrowers already in debt. As shoppers across ...

(Bloomberg) — New York regulators have found evidence that Barclays Plc and Deutsche Bank AG may have used algorithms on their trading platforms to manipulate foreign- exchange rates, a person with ...

Financial crises have long spread through familiar channels: excessive leverage, fragile balance sheets, liquidity shortages, ...

Here is a ‘greedy’ algorithm to maximize overdraft fees for bank transactions Reorder outstanding transactions so that those with larger amount appear first Process the transactions in the order so ...