banking

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With banks failing left and right during this economic downturn, and credit unions and other financial institutions quickly eating away at their profits, it's easy to see how banks have become "Persona Non-Grata." Not only are banks failing (and getting bailed out by our tax dollars!), but they are beginning to get heavily regulated now because they have been allowed to run amok for so long.

Regardless, banks still perform some very important roles for the economy and they will always play a role in our economy for as long as there are markets to service. First of all, banks act as payment agents by conducting checking accounts for customers, paying checks drawn by customers, and collecting checks deposited to customers' current accounts. Furthermore, banks also enable customer payments via other payment methods such as telegraphic transfers, wiring, and ATMs. Finally, banks provide almost all payment services and a bank account is considered indispensable by most businesses, individuals, and governments.

Bloggers speaking about banking can be found at sites like Mobile Banking and banktech.

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Original Technorati articles tagged “banking”

Latest blogosphere posts tagged “banking”
 

  • DealBook: Financial Firms Said to Be Seeking Bloomberg Alternative


    Authority Authority:
    Nine Wall Street firms have been actively involved in creating an alternative to one of Bloomberg L.P.’s most widely used programs, its chat messaging network, people briefed on the effort said.        
    3 days ago
  • Real Madrid says coach Jose Mourinho will leave at end of season


    heave-ho.orgAuthority Authority: 159
    MADRID (AP) — Real Madrid says coach Jose Mourinho will leave at end of season. Visit link: Real Madrid says coach Jose Mourinho will leave at end of season
    3 days ago
  • Financial Firms Said to Be Seeking Bloomberg Alternative


    Authority Authority:
    Nine Wall Street firms have been actively involved in creating an alternative to one of Bloomberg L.P.’s most widely used programs, its chat messaging network, people briefed on the effort said.
    3 days ago
  • Takeunder


    Authority Authority:
    A “takeunder” is similar to a “takeover.” For a takeover, if a stock is trading at $20 a share, for example, the acquiring company might offer $22 . For a takeunder, a company might offer $18. Takeunders are rare because shareholders want a premium for their shares, not a discount. Shareholders might accept a ...
    3 days ago
  • Taiwan vows to protect Filipinos from attacks


    heave-ho.orgAuthority Authority: 159
    Taiwan yesterday ordered all law-enforcement personnel to step up the protection of Filipinos on the island, after a suggestion that Manila might evacuate its nationals from the island after hearing reports of attacks targeting them. “We have instructed all prosecutorial and law-enforcement agencies to step up ...
    3 days ago
  • Li Keqiang visits New Delhi and vows to end disputes on border with India


    heave-ho.orgAuthority Authority: 159
    China and India agreed yesterday to launch a fresh round of talks to settle their long-running border disputes. They also pledged to draw up a roadmap to reach a “dynamic balance” in trade between the two emerging economic powers. We need to improve the border mechanisms…and make them more efficient Li Keqiang, ...
    3 days ago
  • South Korea’s complaint about US use of term ‘Sea of Japan’ is dismissed


    heave-ho.orgAuthority Authority: 159
    Academics and the Japanese government have dismissed the complaint by South Korea’s defence ministry about US Forces Korea referring to the body of water between the Korean peninsula and Japan as the “Sea of Japan”. Read more from the original source: South Korea’s complaint about US use of term ‘Sea of ...
    3 days ago
  • Drug trafficking charges for US Virgin Islands environment officer


    heave-ho.orgAuthority Authority: 159
    Federal agents have arrested the top enforcement officer for the US Virgin Islands environment agency on drug trafficking charges after he was allegedly caught with a cache of cocaine on a government patrol boat. Read more here: Drug trafficking charges for US Virgin Islands environment officer
    3 days ago
  • Beware of pitfalls in buying property


    heave-ho.orgAuthority Authority: 159
    Signing a contract to buy a property (a flat, an office block or whatever) marks a point of no return. You have passed from the zone of negotiations to that of binding commitment. At least that is the idea. Once you sign the contract it should be all over bar the shouting. In principle, it only remains for the seller ...
    3 days ago
  • Divorced Briton confesses to killing his children in France


    heave-ho.orgAuthority Authority: 159
    A 48-year-old divorced Briton locked in a bitter custody battle has confessed to killing his two young children by slitting their throats near the eastern French city of Lyons. The bodies of a five-year-old girl and a 10-year-old boy were discovered on Saturday afternoon in the man’s apartment in Saint-Priest, a ...
    3 days ago
  • World Brief | Middle East : Gunman Kills Four in Bank in Southern Israel


    Authority Authority:
    An unemployed former security guard shot and killed four people in a bank in the southern Israeli city of Beersheba on Monday.        
    3 days ago
  • Cyprus Virus


    Authority Authority:
    The term “Cyprus virus” refers to the European Union’s treatment of Cyprus’s financial problems. The term was coined in the Financial Times on May 19, 2013: “Nuno Amado, his opposite number at BCP (Millennium BCP—Banco Comercial Português—is one of Portugal’s largest banks—ed.), talked of a ...
    3 days ago
  • Britain is booming? FTSE reaches 12-year high as record looms


    The Guardian - guardian.co.ukAuthority Authority: 986
    Index rises to levels last seen before dotcom bubble burst, fuelled by a relatively calm eurozone, QE, low interest rates and rising confidence in Japan Shares in London have reached levels last seen at the height of the dotcom boom nearly 13 years ago. At a close of 6,755 points, the FTSE 100 blue chip index ...
    3 days ago
  • An Accident Checklist from a Personal Injury Lawyer in Pittsburgh


    Authority Authority:
    As every personal injury lawyer in Pittsburgh knows, accidents happen, and even good drivers who are paying attention can be in an automobile collision. This article aims to provide the basic checklist to enable you to come out of the situation with a favorable outcome. The checklist given here will provide you with a ...
    3 days ago
  • EU bonus cap could double bankers salaries, City regulator warns


    The Guardian - guardian.co.ukAuthority Authority: 986
    FCA chief Martin Wheatley says attempt to cap bonuses of those earning above €500,000 will lead to pay rises A European plan to limit bankers bonuses could have the perverse effect of leading to a doubling of their salaries, the chief executive of the new City regulator, the Financial Conduct Authority, has warned. ...
    3 days ago
  • Mercedes-Benz Financial Services raises the bar again on mobile technology - Video


    Authority Authority:
    MBFS Account Management Tools
    3 days ago
  • Agreement provides for LevelUp to Integrate via Cloud Connect to NCR Restaurant POS Systems


    Authority Authority:
    DULUTH, Ga. – NCR Corporation ( NYSE: NCR ) today announced an agreement for LevelUp to integrate their mobile payment and loyalty solution into NCRs restaurant POS systems, giving restaurants another way to accept mobile payments and market to their customers. The integration will provide restaurants with an ...
    3 days ago
  • VASCO Announces Acquisition of Cronto (United Kingdom)


    Authority Authority:
    OAKBROOK TERRACE, Ill., and ZURICH, Switzerland - VASCO Data Security International, Inc. ( NASDAQ: VDSI ), ( www.vasco.com ), a leading software security company specializing in authentication products and services, today announced its acquisition of Cronto, of Cambridge (UK), a provider of secure visual ...
    3 days ago
  • Kipper Williams on Chelsea Flower Show


    The Guardian - guardian.co.ukAuthority Authority: 986
    They should never have allowed bankers        
    3 days ago
  • Wall Street firm plans Japan investment


    Authority Authority:
    GOLDMAN Sachs Group plans to invest as much as 50 billion yen (US$487 million) in renewable energy projects in Japan over the next five years, tapping demand for electricity produced from solar and wind-power generators. Goldman also plans to take as much as 250 billion yen of bank loans and project-financing in the ...
    3 days ago

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