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CIT Bank 2020 Review

MyBankTracker

They may be missing out given that CIT Bank is quietly offering some very attractive products that have competitive deposit rates and very low fees. Here’s an overview of CIT Bank’s most notable offerings and how it may be a better bank for your money. It comes with a debit card and online bill payment capabilities.

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Sweden set to win cashless race

Banking 2020

Cash is still dominant in most developing markets, and even in places like the US, paper money still accounts for most consumer payments by volume. A study from Stockholm’s KTH Royal Institute of Technology says the country’s embrace of electronic payments means it’s set to ditch cash in the near future. Number one?

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Cash or card: How do you pay for Christmas?

Banking 2020

on gifts, decorations, food and other Christmas purchases, according to a survey for the National Retail Federation, this is not a small amount of notes. When we talk about payments it’s easy to focus on convenience, security and acceptance. Meanwhile, one in three (31 percent) said other payments are more convenient.

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Barriers to financial inclusion

Banking 2020

Financial inclusion efforts are building globally as new technology and a swathe of regulatory reforms are helping some of the world’s poorest people to make use of banking and payment services. There is the economic case – the more people can save, invest and make payments as and when they choose, the more growth we get.

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