Bank, Federal Reserve System, Money, Credit card, Central bank, Banking

Coronavirus economy: The 'banker ladies' saving friends from debt

Le Sep 22, 2020
@BBCNews a partagé
Coronavirus economy: The 'banker ladies' saving friends from debt https://t.co/ttszvCJIQz
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Amid a pandemic and economic crisis, minority communities turn to traditional saving methods to help.

www.bbc.com
Le Sep 22, 2020
@BBCNews a partagé
Coronavirus economy: The 'banker ladies' saving friends from debt https://t.co/ttszvCJIQz
Open

Coronavirus economy: The 'banker ladies' saving friends from debt

Coronavirus economy: The 'banker ladies' saving friends from debt

Amid a pandemic and economic crisis, minority communities turn to traditional saving methods to help.

Retailers want to go cashless. But opponents say that's discriminatory

Retailers want to go cashless. But opponents say that's discriminatory

Retailers and restaurants say eliminating cash at their stores makes them more efficient. But opponents argue that cashless stores exclude millions of Americans without bank accounts.

Postal banking is a solution, but to which problem?

Postal banking is a solution, but to which problem?

With the USPS emerging as an election-year flashpoint, postal banking is an idea that could gain steam. But a number of proposals are out there, and they have wildly varying implications ...

III. Central banks and payments in the digital era

III. Central banks and payments in the digital era

Chapter III of the Annual Economic Report 2020. A vital function of the financial sector is to provide efficient ways for households and businesses to make and receive payments. A sound and ...

Libra and Walmart “Blockchain” Tokens: Financial or Walled Garden Inclusion?

Libra and Walmart “Blockchain” Tokens: Financial or Walled Garden Inclusion?

How new blockchain enabled tokens that promise financial inclusion, such as those promoted by Facebook and Walmart, could have unintended consequences

In the middle of a pandemic, two remittance startups thrive

In the middle of a pandemic, two remittance startups thrive

Remitly and TransferWise are benefiting from consumers' shift to digital payments and a turn toward banking services as global remittance volumes drop.

FinTech in Focus—April 20, 2020

FinTech in Focus—April 20, 2020

In our latest US FinTech policy update, we breakdown legislative activity over the past two months (February & March) and lawmakers’ responses to COVID-19 with particular attention paid to ...

We just glimpsed how a “digital dollar” might work, thanks to coronavirus

We just glimpsed how a “digital dollar” might work, thanks to coronavirus

A proposal for a new kind of government-run payment platform didn’t make it into the US Congress’s coronavirus relief plan. But it won’t be the last we hear of the idea.

Robinhood's Misstep A Cautionary Tale For Other Fintechs

Robinhood's Misstep A Cautionary Tale For Other Fintechs

Robinhood's misstep in launching two new products underscores the risks fintechs face when they try to disrupt old-guard industries that are heavily regulated.

Start-up co-founded by ex-Goldman trader is first fintech to complete takeover of a national bank

Start-up co-founded by ex-Goldman trader is first fintech to complete takeover of a national bank

That U.S. regulators blessed the Jiko transaction is significant most because of how fundamentally different it is: It's a consumer bank that doesn't hold deposits.

Financial innovation in China: leading the way and one eye on the future

Financial innovation in China: leading the way and one eye on the future

According to the “2018 China Direct Banking White Paper,” 135 online direct digital-only banks, what we would call “neobanks,” were opened by commercial banks in about three years. They ...

Fact check: A cashless society isn't imminent and wouldn't mean total end of cash

Fact check: A cashless society isn't imminent and wouldn't mean total end of cash

The U.S. has a way to go before becoming a cashless society -- and paper money is unlikely to totally disappear under such a system, an expert said.