Remove blog-articles money-markets-and-savings-accounts-what-you-need-to-know
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When banking is free …

Chris Skinner

I really enjoyed a recent article on CGAP (the Consultative Group to Assist the Poor). If you don’t know them, CGAP is a global partnership of over 30 leading organizations that seek to advance financial inclusion. What if, as with information, transactions want to be free? What would it take to accomplish?

ATM 274
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Bankers: Please End This Practice. Or It Will End You.

Jeff For Banks

You know, the practice of allowing bankers to raise deposit rates only if the customer calls and complains. I heard, "what would you like us to do?" or "where were you with this advice in 2017 or 2018?" However, the reference in the book was to a blog post written in 2018, titled Hot Rates, Swipe Left.

FDIC 78
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Hot Rates - Swipe Left

Jeff For Banks

According to my firm's profitability outsourcing service, branches have fewer retail checking accounts than two years ago. Deposit gains were made through growth in average balances per account. If you're a commercial bank, you may be fine if this trend is happening at your institution. You should check. And it's too bad.

Retail 60
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#31daysofwealthhacks – the joy, the tears and the learnings

Jessica Ellerm

In fact, I’d say in our secular world, New Year Resolutions are as close to an atheist’s Lent as you’ll get, with most of us knowing someone doing something. And 1 in 10 Gen Y’s will post their resolutions to social media, in a bid to make themselves more accountable. The birth of #31daysofwealthhacks.

Taxes 45
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Reg CC: Funds availability requirements and fraud

Abrigo

How to comply with both Reg CC and fraud requirements Read about the rules outlined by Reg CC, the circumstances that allow exceptions, and what to do when your financial institution suspects fraud. Let the Abrigo Advisory Services team help when you need it.

Fraud 195
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The phoney war is over, part 2

Tomorrow's Transactions

But they need a strategy, because the technology, business and social roadmaps are not as stable as they seemed. This article asks if there is a specifically British problem with identity fraud, what with identity fraud being something like half of all fraud in the UK. They haven’t really ID’d you. News | The Week UK ].

Bitcoin 46
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The untapped opportunity of the unbanked

Jessica Ellerm

billion individuals in the developing world do not have access to a bank account. Perhaps it’s better to imagine the emerging markets as a blank canvas for a better financial model. In the future, as long as you have access to affordable and useful financial services, being unbanked might not be such a bad thing after all.

Mobile 56