The banking system is the backbone of finance. Knowing how banks function and what their leaders think can hint at possible changes in assets' valuations.
Check Deposit Online - How & Where To Do It
Do you need to deposit a check and have no idea how to do it? Luckily, nowadays you can deposit a check online which is fast and convenient. We’ll guide you through simple steps on how to get this done.
How AI is Helping Financial Institutes in Improving their ROI? [Works in 2019]
Some people are scared of the rise of Artificial Intelligence and self-learning machines in the world.
Sven Henrich Claims that the Banking Sector (BKX) is Recovering
The banking sector is slowly moving through the recovering stage after a drop in spring, according to the analyst, Sven Henrich.
Eurozone Will Abandon Visa (V) & Mastercard (MA) In Favor Of Its Payment Platform
The ECB announced an initiative to develop its own payment system bypassing Visa and Mastercard.
European System Of Central Banks Supports Non-Euro Area Central Bank With Additional Liquidity
Eurosystem REPO facility for Central banks (EUREP) introduced as a prudent backstop to meet the Euro's pandemic-related liquidity needs outside the Eurozone
ECB Lent €1.31 Trillion to Financial Institutions
Banks have borrowed 1.31 trillion Euros from the Central Bank of Europe, making use of the negative lending rates to meet the increasing demand for loans.
Square Lets US Residents Receive Corona Virus Stimulus Directly in Their Cash App
Square has announced that US individual residents will be able to receive their corona virus stimulus help through their Cash App.
JP Morgan Chief Warns Shareholders of “Bad Recession” Up Ahead
In his annual letter to the shareholders, JP Morgan Chief has said they should be prepared for a bad recession.
IMF’s Deputy Managing Director Talks on Centrally Backed Digital Currencies
Tao Zhong discussed Centrally Backed Digital Currencies in a speech he gave to an audience at the London School of Economics.
Italian Bank Opens up Bitcoin Trading to Ease Lock down Due to COVID19
An Italian bank is encouraging its customers to use Bitcoin by launching a crypto trading service during the Corona Virus (COVID19) lock down.
Ripple Continues to Expand Wings as National Bank of Egypt Joins Network
Ripple and National Bank of Egypt have signed an agreement to utilize the blockchain platform’s banking network.
40 Plus German Banks Interested in Offering Crypto Services to Clients Under BaFin Law
Over 40 banks in Germany have expressed their desire to support cryptocurrency services under the new law by the German financial regulator, BaFin.
Visa to Launch Token Service This Year
The Visa Token Service (VTS) is estimated to provide an eCommerce value of nearly USD 1 trillion globally in 2020.
Hong Kong and Thailand Come Ever Closer to Launch DLT Based Cross Border Remittance
Thailand and Hong Kong lead the cross border remittance in the region.
Royal Bank of Canada Looks into the Possibility of Launching Own Crypto Exchange
Royal Bank of Canada, the largest in the country, is mulling over launching its own cryptocurrency exchange.
U.S. Federal Reserve Says Economy is “Not Sustainable”. Are Cryptocurrencies the Answer?
United States Federal Reserve Chief has said that the financial policies of the country are not designed to sustain.
HSBC Explores Blockchain Based Bonds with Singapore Stock Exchange
Financial giant HSBC is investigating the possibility of using decentralized ledger technologies with Singapore Exchange for issuing of bonds.
Tunisia Surprises World by Launching First Ever CBDC
The North African country of Tunisia has become the first country in the world to launch its Centrally Backed Digital Currency (CBDC).
Blockchain Bank by Tencent Approved by Hong Kong Regulators
Tencent, the Chinese internet giant, has been allowed by the Hong Kong Securities and Future Commission (SFC), to open a blockchain based virtual bank.