Financial Institution

Every day, people around the world transfer billions of dollars. These transactions rely heavily on paper, although most people send money digitally. In financial environments, bankers always keep financial records. But, what if there was a database that had the qualities of a ledger that could instantly record transactions and …

NEW YORK–(COMMERCIAL THREAD) – Popular Bank, a subsidiary of Popular, Inc. (NASDAQ: BPOP) announced that its Popular Easy Access Checking service has been officially certified by the national nonprofit Cities for Financial Empowerment Fund (CFE Fund) as meeting Bank On National Account standards (2021 – 2022). Bank On Certified Accounts, …

Tether, USD Coin and Dai are the three largest stablecoins by market cap, according to price tracking website CoinMarketCap. Muhammed Akan / Shutterstock DeFi poses risks to global financial stability and “systemic regulation” is needed, the Bank for International Settlements said on Monday. Decentralized finance “appears to operate largely within …

Integration between CaixaBank and Bankia resulted in the creation of the first financial institution in Spain, with exceptional market shares in most of the territories and the largest network of branches, ATMs and digital banking services in the country. The resulting entity faces the future with the aim of leading …

As one of the largest cities in the country, Phoenix has no shortage of banks to serve its residents and businesses. Global commercial financial services companies such as Wells Fargo, JP Morgan Chase & Co., and Bank of America can be found in almost every neighborhood. But one thing that …

Tablets, video games, and laptops are popular items this shopping season and can be some of the gifts your child will receive during the holidays. As children become more connected, they can become easy targets for crooks. Childhood identity theft is on the rise, according to a recent study. According …

He’s an old man, but a bad guy. Supply chain issues and shortages of some electronics, toys and other commodities, the holiday season and let off steam after a second year of the global pandemic are creating a perfect storm for would-be thieves. The Federal Trade Commission said there were …

Bahrain was ordered by the Permanent Court of Arbitration in The Hague to pay more than 200 million euros in damages plus costs to two Iranian banks for illegal moves against their operations in Manama in an act of “political retaliation An official told the vice presidency for legal affairs …

Getting more people into financial systems like banks could be the key to bridging racial disparities in wealth, Sen. Tim Scott (RS.C.) told Axios at an event Wednesday. Why is this important: Scott said a number of people in his home state of South Carolina were “unbanked” – living without …

I am employed in a PSU bank and would like an exemption from TDS deduction on my recurring deposits (RD) which are likely to mature in 2027 and 2030. Since my income is above the TDS exemption limit , I cannot submit Form 15G. However, I intend to pay tax …