The Consumer Financial Protection Bureau (CFPB) has proposed an open banking rule (Proposed Rule) requiring certain financial institutions to allow consumers and approved third-party financial service ...
According to Banking Encyclopedia, Bank is a financial institution which receives deposits from the public and lends them for investment purpose i.e., deposits of money and advances of the Main ...
The rise of fintech is dramatically reshaping the financial services market. The emergence of new technologies and capabilities has bought about enormous change across the entire landscape, change ...
When Lehman Brothers crashed in October 2008 and precipitated the financial crisis, some of the world’s biggest banks were put on life support as the contagion spread around the world. In America, ...
Reserve Bank and the government are exploring introduction of interest-free banking, also known as Islamic Banking, to financially include sections of the society that remains excluded due to ...
It also said the banking system ran contrary to the constitution of the Federal Republic of Nigeria. CAN, therefore, called on President Goodluck Jonathan to wade into the matter to secure the peace ...