updated Fri. December 15, 2023
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Economic Times
April 19, 2018
The Jan Dhan programme is at the vanguard of the global growth in banking accounts. There are about 51.4 crore bank accounts opened globally between 2014 and 2017. The number of Jan Dhan accounts opened in India during the same period forms almost 55% of the global gauge, with an increasingÃâà...
Phys.Org
April 19, 2018
Roughly seven out of every 10 adults worldwide now has some form of a bank account, the World Bank said Thursday, April 19, …more. While nearly every demographic and continent saw increased usage of bank accounts and other forms of savings, the gender gap among those using financial servicesÃâà...
The Punch
April 19, 2018
Without a bank account, it is difficult to be paid a salary or to budget effectively. You need to know the essentials of what makes your bank account work and tips and tricks to managing your accounts effectively, according to www.peachy.co.uk. If you want to know more about how to make bank accountsÃâà...
Fin24
April 19, 2018
Johannesburg – First National Bank (FNB) has launched a mobile bank account, aimed at the 11 million customers they say are not catered for. On Wednesday FNB announced that an extended version of eWallet will be launched at the end of May. eWallet eXtra will act as a mobile bank account, offeringÃâà...
TechCentral
April 19, 2018
First National Bank is taking the fight for entry-level banking consumers to Capitec, with the launch of its new zero-monthly-fee transactional bank account aimed at the unbanked and underbanked. eWallet eXtra, due by June, is a combination of FNB's existing eWallet remittance service and pay-as-you-useÃâà...
News Deeply
April 19, 2018
The report's authors acknowledged that evidence was mixed on whether financial inclusion could alleviate poverty, and Klapper said that opening bank accounts for people was not enough to change lives on its own. “Having an account isn't the angle – it's using the account to achieve development goals,Ãâà...
KTVA
April 18, 2018
Susana Lepou, 30, was arraigned Wednesday, April 18, 2018 on theft charges in the transfer of money from missing Palmer man Keith Aumavae's bank account after he was found dead in November 2017. (Credit: Lauren Maxwell/KTVA). An Anchorage woman has been charged with stealing a dead man'sÃâà...
Memeburn
April 18, 2018
First National Bank has today announced eWallet eXtra, a digital bank account that can be opened from a mobile device for unbanked South Africans. According to FNB, the mobile bank account is intended to plug the gap between its eWallet offering and traditional bank accounts that “do not meet theÃâà...
The Sun
April 17, 2018
Nationwide's student bank account offers a guaranteed ̣̉1,000 overdraft which increases by a further ̣̉1,000 every year up to ̣̉3,000 in your third year. If you are keen to keep your overdraft lower you can also set your overdraft limit to whatever amount you would like as long as it isn't over your yearly limit.
Tribune-Review
April 12, 2018
Pittsburgh police are asking for help identifying a woman accused of identity theft. Authorities released surveillance photos that show a woman who was allegedly able to steal the identity of another woman and empty the victim's bank account at a bank in Mt. Lebanon. The incident happened Saturday,Ãâà...
africanews
April 12, 2018
Following a Mauritius Supreme Court ruling, seen by Reuters on Wednesday, the island's Financial Services Commission suspended the licenses for seven Quantum Global funds, according to the source, and froze 25 of its bank accounts. On Monday, the Mauritian newspaper Le Mauricien reported that aÃâà...
Herald & Review
April 12, 2018
DECATUR — Police say identity thieves drained a Decatur man's bank account after stealing his debit card numbers. Detective Sgt. Steve Carroll said the transactions all took place in Pennsylvania and about $1,700 was stolen between April 5 and 6. The 36-year-old victim reported the theft Wednesday.
Namibian
April 12, 2018
THE home affairs ministry could not account for over N$16,7 million transferred into five bank accounts based in foreign countries during the 2016/17 financial year. This was among the revelations in the audited report by auditor general Junias Kandjeke on the accounts of the home affairs ministry that wasÃâà...
Weekly Challenger
April 11, 2018
Bank accounts keep getting better and better. Well, some of them at least: Bolstered in part by the Federal Reserve's plan to steadily raise interest rates, consumers at online banks, in particular, are starting to see more generous returns on their savings accounts. As that happens, the difference betweenÃâà...
Diginomica
April 11, 2018
PSD2 opens up bank accounts to third parties. What could possibly go wrong? By Phil Wainewright April 11, 2018. SUMMARY: PSD2 is rolling out open banking across the EU and beyond, giving third parties access to bank account data. Here are six reasons things won't go smoothly. Linkedin Ãâ÷ Facebook Ãâ÷ Twitter Ãâ÷ GoogleÃâà...
Sioux City Journal
April 10, 2018
While bank accounts are preferred over check cashers and piggy banks, banks will also have fees that you should be aware of. For example, banks will charge you if you use your debit card on an ATM that is not theirs. Also, depending on the type of account you have, you must maintain a minimum balanceÃâà...
NBCNews.com
April 10, 2018
Hip hop artist 21 Savage didn't have a lot of money growing up, so he says his latest venture is a bit “ironic.” On the heels of his hit single, “Bank Account,” Savage and Get Schooled launched a campaign to donate $1,000 to 21 money-strapped kids to teach them the basics of personal finance. He sharesÃâà...
CBS Minnesota / WCCO
March 29, 2018
According to the document filed in Dodge County, she stole $11,000 from her husband's bank account over the weekend and also used his debit card. Authorities say that the public should not approach Reiss, who could be armed. She is described as standing 5-feet, 5-inches tall and weighing 165 poundsÃâà...
Business Insider
March 29, 2018
Since the Federal Deposit Insurance Corporation was created, no bank account holder has lost any amount of insured cash. As of March 22, there are 5,626 FDIC-insured institutions in the United States, insuring over $17.5 trillion. Bank deposits are no longer at risk of evaporating because the FDIC protects — automaticallyÃâà...
Civil Society Media
March 29, 2018
The majority of international charities surveyed have experienced difficulty accessing their bank accounts due to anti-money laundering and counter-terrorism regulations, a report has found. The Charity Finance Group (CFG) surveyed 34 NGOs last year and found that four-fifths of had experienced someÃâà...
BBC News
March 29, 2018
A Chinese folk singer has received an apology from a bank after he was denied an account because of his disability. Zhou Yunpeng is blind, and was told he was not allowed a bank account when he visited his local Bank of China branch in southern Shenzhen. The bank said it was because he wasÃâà...
Law.com
March 29, 2018
... judgments in New Jersey and for non-debtor parties to bank accounts held jointly with judgment debtors. The decision also reaffirms the Appellate Division's longstanding precedent imposing upon a judgment creditor seeking to levy upon the funds held in a joint bank account the burden of demonstratingÃâà...
bankinnovation.net
March 29, 2018
UK-based mobile bank Starling Bank has launched accounts for small businesses, with no fees for payments or withdrawals, according to reports today. The business accounts will be entirely mobile—in keeping with Starling's fully mobile strategy—and will allow owners to make international payments toÃâà...
AZFamily
March 29, 2018
However, there was a problem and McKenna never received his money in his Chase bank account. "They looked at the account number it went to at Chase and it was missing one digit compared to my actual account number. So, it went to Chase with that number that was erroneous," he said. Yes, becauseÃâà...
TechCrunch
March 29, 2018
Teens under 18 also can't set up their own bank accounts, without parents' consent. Amazon had previously addressed the teen market with its Amazon Cash cards that let anyone add cash to an Amazon account by purchasing a card at a local retailer and giving the cashier the amount they want loadedÃâà...
Newsday
March 28, 2018
Two brothers from Great Neck pleaded guilty Wednesday to hiding Israeli bank accounts from tax agencies, with each agreeing to pay half of a total of $15.4 million in civil penalties, officials said. Parviz Hakimian, 70, and Khosrow Hakimian, 64, face maximum prison sentences of 3 years for filing false taxÃâà...
Chicago Tribune
March 28, 2018
When done well, Talley said, the joint account can lead to a stronger relationship in the same way that a team that practices together and wins the championship becomes closer: They're both heading toward a common goal. But if communication is lacking or monetary trust is broken, the joint bank accountÃâà...
Jakarta Post
March 25, 2018
EDITORIAL: Unprotected bank accounts ATM skimming is a global threat and cash withdrawal machines in countries that rely on magnetic stripe technology-based debit cards, like Indonesia, are very vulnerable to the crime. (Shutterstock/File)Ãâà...
Vanguard
March 25, 2018
According to data from the Nigeria Interbank Settlement System (NIBSS), there are 36.7 million dormant bank accounts in Nigeria as at December 31, 2017. The factors responsible for this huge number include illness and death. Also, ownership of multiple bank accounts has led to abandonment of some ofÃâà...
Jakarta Post
March 25, 2018
PREMIUM A series of ATM-skimming attacks in a number of cities across the country of late show that Indonesia is a tempting target for overseas criminals, not only because of its outdated debit-card technology, but also because of woeful ignorance on the part of customers about protecting their bankÃâà...
CBS San Francisco Bay Area
March 23, 2018
(CBS SF) — A Petaluma woman accused of electronically transferring roughly $350,000 out of her grandmother's bank account pleaded no contest Wednesday to felony elder abuse, according to San Mateo County prosecutors. Between April 2014 and January 2017, 38-year-old Kristen Deann CapellaÃâà...
WBAY
March 23, 2018
"Once they have access to your cellphone or they can hijack your cellphone number they really can log into your bank account or so many online portals," Bach says. Think of how many online accounts ask for your cellphone number. If you forget a password, you get a verification code text to your phone.
fox13now.com
March 23, 2018
If you think about your relationship as an emotional bank account, a term adopted by Stephan Covey and Dr. John Gottman, the goal is to maintain a healthy positive balance. This balance will keep you afloat through unpredictable rough times, like the loss of a job, a sick parent or bratty teens. Most couplesÃâà...
SFGate
March 22, 2018
LONDON — Marcus Schenck, one of the most senior executives at Deutsche Bank, believes that bank accounts as we know them now could disappear in as little as five years.
The Punch
March 20, 2018
If you're going to open a new bank account, choose wisely. Switching accounts is a pain, and living with an ill-fitting account can be a drain on your time and your account balance. Banking services are very similar from bank to bank, so focusing on a few key features might be all you need to get set up forÃâà...
ZDNet
March 20, 2018
For many, their bank accounts are at the heart of their financial responsibilities. Identity theft, card cloners, and phishing campaigns are becoming increasingly common as ways threat actors attempt to crack into your financial reserves, whether it be through impersonating you to your bank, cloning a debitÃâà...
antiMUSIC.com
March 18, 2018
"Now that I do have money in my bank account, I want to help kids with a background similar to mine to get smart about their money," the rapper said in a press statement (via Rolling Stone), adding that the song's success is "ironic," considering that "knew almost nothing about bank accounts" as a teen. "21 Savage is doingÃâà...
Haaretz
March 18, 2018
Eleven Israelis were recently indicted on charges of concealing income from investments in the Swiss Bank UBS. The indictments were issued against businesspeople and bank employees for concealing income from investments ranging from hundreds of thousands of shekels to 50 million shekels ($14.5Ãâà...
KRIS Corpus Christi News
March 17, 2018
The City of Corpus Christi learned late Friday afternoon of unauthorized access to images of scanned documents, including checks, belonging to Frost Bank commercial customers. The City has three commercial accounts maintained by Frost Bank including EMS and utility payment processing. “We knowÃâà...
Times LIVE
March 16, 2018
Before you start working and earning a regular salary, you must have a bank account in your name because your employer will need to deposit your salary into your account. You'll also need a bank account if you're applying for a study loan. You can use the account to access, transfer and manage yourÃâà...
WLKY Louisville
March 16, 2018
Louisville Metro Police Department officers are on the lookout for a man who they say stole $5,000 from someone else's bank account. Authorities say the man used a fake ID with the victim's identity and took the money out of the victim's account at the Stock Yards Bank inside the Kroger at 27th andÃâà...
Dhaka Tribune
March 16, 2018
A pioneering scheme enabling street children to deposit money into bank accounts is falling in popularity due to a lack of coordination among stakeholders and a funds shortfall among the charities enlisted to operate the accounts on behalf of the children. Bangladesh Bank unveiled the scheme in MarchÃâà...
gulfnews.com
March 16, 2018
Cairo: Saudi Arabia signed an agreement in Riyadh to deposit $2 billion (Dh7.35 billion) in Central Bank of Yemen account, Saudi Press Agency said late on Thursday. The agreement was signed between Saudi Finance Minister Mohammad Al Jadaan and Central Bank of Yemen governor MohammadÃâà...
Financial Post
March 15, 2018
Parents should keep an eye on fees, just like they would with their own account, or else their children may learn an unwelcome lesson about having a bank account. While accounts for children often do not have a monthly fee, banks may charge for other services such as using a non-bank ATM, dependingÃâà...
The Mercury
March 14, 2018
Chester County resident's bank accounts cleaned out by scammer. By Fran Maye, fmaye@21st-centurymedia.com, @dailylocal on Twitter ... Police said the victim was asked to log in to their online bank accounts. The resident did so and noticed that $3,000 was credited instead of $300 and told the personÃâà...
CNBC
March 14, 2018
Coinbase, one of the world's biggest cryptocurrency exchanges and wallets, obtained a bank account with a U.K. lender Barclays. The deal marks the first major partnership between a U.K. bank and cryptocurrency exchange. Coinbase also now has an e-money license and access to the Faster PaymentsÃâà...
Daily Local News
March 14, 2018
Kennett resident's bank accounts cleaned out by scammer. By Fran Maye, Daily Local News. Posted: 03/14/18, 11:26 AM EDT | Updated: 56 secs ago ... Police said the victim was asked to log in to their online bank accounts. The resident did so and noticed that $3,000 was credited instead of $300 and told the person this.
Daily Reckoning
March 6, 2018
Prime delivers your most important stuff straight to your door. Prime Video streams your entertainment. Amazon's new Whole Foods acquisition is ready to handle all your organic food needs. Now, Amazon wants your bank account. The king of e-commerce is reportedly in preliminary talks with JPMorganÃâà...
Lexology
March 6, 2018
If the head contractor becomes insolvent and enters administration the principal may step in and replace the head contractor as trustee of the Project Bank Account trust accounts. As trustee, the principal must open principal trust accounts for amounts held in the existing Project Bank Accounts and makeÃâà...
WFMY News 2
March 6, 2018
The Better Business Bureau is warning about a new scam where criminals steal your phone number and then drain your bank accounts. Last month Jenn Nelson noticed she lost cell service on her phone. "I thought it was weird, but I didn't really worry about it," said Nelson. She got online through WiFi andÃâà...
