Thinking back to the 1990s, it’s hard to imagine just how much banking has evolved. If you were a bank customer then, you probably have not-so-fond memories of constant trips to the local bank for even the simplest transactions, like depositing a check or withdrawing cash. The world of banking was much slower then—everything from … Read more
Philippe Bracke, Matt Everitt, Martina Fazio and Alexandra Varadi The Bank of England Agenda for Research (BEAR) sets the key areas for new research at the Bank over the coming years. This post is an example of issues considered under the Macroeconomic Environment Theme which focuses on the changing inflation dynamics and unfolding structural change … Read more
Here is an overview and summary of current views on Stablecoins based on research attributed to Perplexity.ai.. There are good reasons for USDC to be a legitimate Stable Stablecoin, but so many opinions and views often with proprietary positions to maintain, that the effect of the Genius act is being lost in that morass. This … Read more
Consumers know they have many options for how to spend their money. Smart consumers know they have options for how to pay that can benefit them financially. You are likely familiar with credit cards that offer rewards such as airline miles, travel perks, and cash back. But if you aren’t comfortable maintaining lines of credit, … Read more
YONO Business is an internet banking application of the State Bank of India, meant for business accounts. One can use the facility on mobile as well as in desktop mode through the bank’s official website. If you have a business current account at SBI, you can avail of the facility. Registration is quite simple and … Read more
Commercial banking is at a strategic inflection point. As we look ahead to the next five years and beyond, the question is no longer how to keep pace with change—but how to lead it. Commercial banks have the potential to achieve accelerated growth, even amidst geopolitical and economic uncertainties. Success in this dynamic landscape will … Read more
The solution replaces cumbersome OTPs with biometric verification Federal Bank in collaboration with fintech partners M2P and MinkasuPay has introduced the first-ever biometric authentication solution for e-commerce card transactions. Customers can now authenticate online purchases using just a touch or a look—their fingerprint or face ID. This solution not only enhances security but also significantly … Read more
While 2024 was a slow year for borrower demand — as election-related uncertainty and high interest rates put pressure on lenders’ commercial clients — the top-performing banks with between $10 billion and $50 billion of assets saw far faster loan growth than their peers. For the most part, they posted those strong results by tapping … Read more