Alyssa Powell/Business Insider Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.Ally (Member FDIC) pays competitive interest rates on savings and CDs, but you…
In a bid to recoup the R300m state funds allegedly lost to corruption and fraud in the Free State asbestos saga, the NPA’s Asset Forfeiture Unit on Friday said it was going after the trust and banking accounts, properties, pension funds and houses belonging to the seven accused in the matter.Shortly after the court appearance…
By Shaun TANDON (AFP) Jul 14, 2020 in World US President Donald Trump on Tuesday stripped Hong Kong of preferential trade treatment and authorized sanctions on banks over China’s clampdown in the financial hub, infuriating Beijing which vowed to retaliate. In a discursive news conference dominated by attacks on his domestic rivals, Trump…
When the pandemic lockdowns in the United States first began, there were troubling signs that women would bear the brunt of the coming economic collapse. As layoffs started, more women than men lost jobs; by April, unemployment was almost 3 percentage points higher for women. A few months later, those gender disparities appear to have…
A hallway room in the back of my childhood home contained the sewing machine and, beginning in the mid-1990s, a succession of computers. The first computer wasn’t even a computer; it was a monochrome word processor and printer. Then an uncle gave us a Macintosh 128k, a small boxy Apple personal computer with a floppy disk…
Mobile Money, often termed as MoMo is unarguably one of the best revolutions to have erupted within the banking sector. Mobile payments generally refer to payment services operated under financial regulation and performed from or via a mobile device. Instead of paying with cash, cheque, or credit cards, a consumer can use a mobile to…
Back to Top A white circle with a black border surrounding a chevron pointing up. It indicates ‘click here to go back to the top of the page.’ Back To Top Credit card reviews Best rewards credit cards Best cash back credit cards Best airline credit cards Best small business credit cards How to increase…
An all digital bank modeled on social apps, for a generation that places a premium on convenience. The BackEnd is a dive into the product development process in African tech. We take you into the mind of those who conceived, designed and built the product; highlighting product uniqueness, user behaviour assumptions and challenges during the…
Business Insider has been mapping out the power structure in the global banking and markets businesses overseen by Bank of America Chief Operating Officer Tom Montag — one of the most powerful executives on Wall Street.Of the three major investment-banking groups, equities is the smallest, accounting for $4.5 billion in revenue last year.It’s also more…
Owning a successful bank is not a mean feat for anybody to achieve, and owning one while being in one’s early 30s makes it even more exceptional. It takes grit, ambition and business acumen to pull off such an achievement, and these are all traits that Fola Adeola had in excess when he established his bank in the late 80s. In this week’s Founder’s Profile,…