Financial technology or Fintech refers to the ecosystem where tech companies and financial institutions use innovative approaches in technology to promote financial services and increase access…
Browsing: Finance
The US dollar slips to a two-week low on Wednesday, July 9th as the stocks rallied and prices stalled under the pressure of the pandemic. Meanwhile,…
Ally Bank started as GMAC, General Motors’ finance division in 1919. Later, in 2009, the company rebranded itself as Ally Bank. The bank has been awarded…
The amended law also includes that the 7% toll collected must be paid to the Financial Services Commission every month unless stipulated by the Commission. If…
National Bank of Canada (NBC) is now offering its clients a new solution of sending money globally. Mastercard and Interac are making it happen as they…
One of the major issues with international money transfer companies is that they can be involved in illicit trades. Most of the companies have strict regulations;…
Choosing the most appropriate money transfer service depends on preferences. Some of us prefer entirely online, whereas some still prefer bricks and mortar banking processes. Xoom,…
Sending money to friends and family living abroad is common. However, it is not very common to find that there is a dedicated day for it.…
Cash Management Account (CMA) is an excellent alternative to conventional banking. Run by non-banking financial service providers, CMA offers both service and features under one product.…
For the last few weeks, the world economy was on the verge of a trade war between US and China. Both the countries started putting tariffs…