The banking industry has been thriving in the United States since the late 1700s. The Bank of Pennsylvania was the first recognized bank under the US constitution and has only improved since then. Today’s banks have done well, particularly, when it comes to employing the right people and giving them all the facilities to thrive...
Are you paying a yearly fee on your current checking account? If the answer is yes, you should consider switching your banks as there are some top banks who have recently started to offer a checking account for free. Don’t let the banks lure you into a free checking account and then charge hidden fees...
Image via pixa Individuals have long moved away from paper checks thanks to the convenience of digital banking services such as payment wallets and net banking. For average consumers even swiping plastic bank cards seem old school as more and more customers are seen using services such as Apple Pay at checkout counters. When it...
The need for digital banking is felt more intensely in Nigeria with the evident improvement in financial inclusion in the country. Segun Agbaje, the Managing Director and CEO of Guaranty Trust Bank or GTBank actually inform us that several people in Africa have chosen to remain “outside the banking system”. GTBank remains one of the...
Satisfying your customers should be the main thing your business thinks about. Naturally, you’ll be obsessed with profits and making money. But, you’ll only achieve that with satisfied customers! It may please you to know that the key to keeping your customers happy isn’t something complex. As the title suggests, it’s as simple as speed....
The bank is not necessarily there to be your enemy. But sometimes, when you are needing a loan, mortgage, help with debt, or anything they can offer you, you need to see them that way. You need to do all you can to make them say “yes”, because if you don’t, and they say no,...
The growing Chinese Internet finance industry has been imposed with strict regulations by the Chinese authorities in line with the alleged fraud in the industry over the recent years. The online peer-to-peer (P2P) industry in China has over 3800 operators, of which above 1200 such firms are allegedly involved in illicit dealings with customers. Some...
Cyberthieves using an email virus have been raiding British bank accounts, so far stealing 20 million pounds, equivalent to about $31 million, the National Crime Agency disclosed. The virus, known as Dridex, Cridex, or Bugat, invades users’ computers by appearing as a document attached to legitimate-looking emails. If users open the document, the virus installs...
Of course, you want a million dollars or a job where you can work from home and make $10,000 per week. It is human nature to hope for that big windfall in the form of a gregarious African king or long lost dead, but rich, relative. This is the fundamental premise of the email phishing...
If you’re like most people, you probably like to think you can trust your bank to help with your finances. All too often, though, we are seeing stories in the news of banks behaving badly. One such story you may have read about is the Libor rigging scandal. That was when banks were found to...