What Is a Prize-Linked Savings Account?
Recently, voters in Texas approved a constitutional amendment that will help citizens in a novel way: Prize-linked savings accounts. Let’s take a look at what these are, why they are good …
Tag: banking
What is OmiseGO?
Cryptocurrency enthusiasts around the world have been showing a lot of love for OmiseGo lately. This may have something to do with how the token is abbreviated to OMG, which …
Mobile Apps of India’s Largest Banks are all Infected With Malware
India is one of the regions where digital finance has really taken off over the past few years. Most consumers rely on banking applications to access financial services. Unfortunately, …
2017 Heralds The End of Swiss Bank Secrecy
The year 2017 is an important one for the Swiss banking sector. As of January 1st, the country’s financial institutions are now obligated to share banking information. This new …
BNY Mellon Corp Executives Express Concerns Over Archaic Banking Technology
BNY Mellon Corp is a company well known for being one of the world’s largest custody banks. However, as is the case with any financial institution, they run into …
Singapore’s Week-long Fintech Festival Expected To Draw 11,000 Visitors
Fintech is becoming a significant trend in Singapore as of late, and it is starting to attract overseas attention. A week-long Fintech Festival kicks off today, and the first “event” …
Digital Banking Requires Better Technological Standards Rather Than Increased Regulation
Consumers around the world are slowly gravitating towards digital banking. As this concept gains more mainstream traction, the question becomes whether or not there is a need for additional …
Citigroup Exits Developing Markets By Spinning Off Consumer Businesses
For banks and other financial institutions to remain profitable during these challenging economic times, they have to cut their losses at every possible turn. For Citigroup, that means selling …
Seoul Subway ATMs Feature Bitcoin Conversion Option Through Coinplug
Although Korea would not be the place most people think of when discussing Bitcoin, cryptocurrency is making its way into the heart of Seoul. Various ATM-like devices show a …