Bank’s rapid payment mode brings cheers to businesses & consumers
In comparison to regular transfers, several banks already charge significantly more for IP transfers—up to 30 euros in some situations...
Tag : Bank
Cash is king, but it’s not ‘cheque mate’ yet
Cheques are an outmoded and expensive holdover from the labor-intensive banking era...
Orient Commercial Bank digitises financial services for enhanced customer experience
The bank is streamlining its products and services from traditional channels to online channels...
European private banks see worst drop in profit since 2008
Reduced investor inflows, rising costs and a weakening financial market led to the profit drop...
China central bank renews its support of Yuan amid dispute
The country is stepping up its efforts to stem the yuan’s rapid depreciation in a policy shift intended to fend off US criticism of Beijings weakening of its currency in the ongoing trade dispute...
Bank of England’s MPC votes to increase interest rates
This marks the second time the interest rate have been raised in the last decade...
The resolution clock is ticking for European banks, says report
In S&P Global Ratings' view, the EU has achieved much in a short time by strengthening its crisis management framework for the financial sector...