banking

The UAE banking sector is showing significant progress after facing some tough times, thanks to a revitalized infrastructure. Banks are now focusing on growing their retail portfolios while setting aside funds for bad loans, which has led to a noticeable decrease in bad debt and a rise in lending. This positive change reflects the hard …

In India, banks offer two main types of accounts: savings accounts and current accounts. Savings accounts are great for managing personal finances, while current accounts are tailored for business activities. A current account functions similarly to a typical bank account but comes with some unique perks. Businesses, trusts, sole proprietors, and various associations frequently use …

Dealing with financial products like credit cards and checking accounts can be tough if you have a bad credit history. But as more people face credit challenges and bankruptcies, many banks are stepping up to help out. If your credit score isn’t great, here are some banks that might give you a second shot: **National …

If you have valuable items at home, moving them to a safety deposit box can help you feel more secure. It’s a great way to protect your belongings from theft or natural disasters like tornadoes and floods. Setting up a safety deposit box is easy, but there are important things to consider. Opening a Safety …

Evaluating a bank can seem tough, but there are really just three key things to look at before choosing a new one. Since banking began in 1865, more than 17,300 banks have failed. To avoid putting money into banks that might struggle, it’s best to focus on those with efficient operations and good risk management. …

Until recently, cannabis businesses had to rely on cash transactions because they couldn’t use the federal banking system for their transactions. However, a credit union in Colorado is planning to change this by allowing payments through regular banking methods. This change would also apply to places selling products like Dab Rigs and Oil Rigs. This …

If you’re on the lookout for an online bank with higher-than-average interest rates, considering today’s economy, and free online and mobile banking, EverBank might be just what you need. Established in 1961 and backed by the FDIC, EverBank started in Florida but now offers services across the U.S. through online banking. EverBank caters to many …

Union Bank, ranking fourth among Californian banks with over $60 billion in deposits, is rolling out a new way for customers to manage their finances called ‘Banking By Design.’ Although Union Bank has branches in California, Oregon, and Washington, this new feature is only available to California residents right now. The user-friendly online platform allows …

**What is Electronic Check Conversion?** Electronic check conversion is a process where your check is used primarily to gather information, such as the check number, your account number, and your bank’s identification number. This information is then used to make a one-time electronic payment directly from your account, replacing the traditional check payment method. **How …

Capital One has made a strategic move by buying the U.S. credit card division from HSBC, a London-based bank. This acquisition, which includes more than $30 billion in credit card loans and store-branded cards, cost Capital One a $2.6 billion premium. In addition to this, Capital One has expanded its offerings by taking over the …