Being a bank customer and navigating everyday financial transactions can bring you into contact with basic banking terms and plenty of financial jargon. Do you know the difference between APR and APY?

A bill to give the regulated marijuana industry access to basic banking services was amended before being approved by a Senate legislative panel last week, with several of the changes designed to ...

Basic bank accounts provide a ‘no-frills’ banking service. Free to open and maintain, this type of current account takes care of basic day-to-day money management such as making and receiving payments ...

In November 2020, the right for undertakings to a basic banking service was introduced into the Belgian Code of Economic Law. The adoption of this law follows more than 17 years after the adoption of ...

With nagging questions about our ability to broadly raise the financial I.Q. of most people, the global financial education movement is pivoting to a large pocket where results are near certain and ...

Banks should set minimum standards for basic bank accounts, which are used by one in five customers in the UK, a new report from Consumer Focus says. The consumer group wants the banking industry to ...

In 2009, then-Federal Reserve Chairman Paul Volcker opined that the ATM was the only financial innovation that has improved society. The ATM completely revolutionized the way consumers bank by making ...

Swedish buy now, pay later firm company Klarna on March 14 filed its paperwork for its US stock market debut, seeking a valuation of $15 billion. Klarna specializes in short-term loans borrowers can ...

The #1 hidden challenge every financial brand struggles with digital customer experience is bridging the emotional trust gap. In finance, digital experiences often excel at convenience, speed, and ...

reporting from Washington — Until the late 1960s, you could walk into a post office and deposit money in a savings account at the same time that you bought stamps or mailed packages. An outgrowth of ...