Banking
Banks serve as intermediaries between primary lenders, or depositors, and the ultimate borrowers. Commercial banks, savings and loan associations, savings banks, credit unions, and money market funds compete with nearly identical products and services. The articles included herein relate to banking and the financial system.
Tips to Secure Mobile Banking Services
Mobile banking allows customers to perform a variety of banking transactions through their mobiles, smartphones, and even PDAs. With so much financial information being passed over wireless networks, security is of utmost concern in mobile banking.
Bank Transfer Day All About Taking Back Some Control
Bank transfer day occurred this past Saturday, and while it's unlikely to hurt any of the big banks, it surely sends a message.
Joint Bank Accounts: To Share or Not to Share?
If you're entering a committed relationship, you might be wondering if joint bank accounts are right for you.
Essential Things to Consider When Opening a Bank Account
A bank account should be opened after some careful thought process. Here is what you need to check before opening a bank account.
Famous Bank Runs in History
Retrospect can make things look a lot simpler; fear breeds panic, panic breeds chaos and if things are not controlled, ends up as eventual downfall. The principle is self-destruction cannot be better explained without the help of a bank run.
What Causes Bank Runs and How to Prevent Them
What causes bank runs? What happens during a bank run? How are they prevented? Continue reading to find answers to these and other such FAQs about bank runs, which will help you get a better understanding of the entire concept.
Types of Time Deposits
Time deposits are preferred types of investments for several investors. The interests for all 3 types of time deposits are quite impressive as compared to several other kinds of deposits. In this article, we shall know more about the advantages of time deposits.
Time Deposits Vs Demand Deposits
If you are active in the field of banking and finance, then you need to be aware of difference between demand deposits and time deposits. In this article, we shall know about this with the help of the time deposits vs demand deposits comparison.
Capital Adequacy Ratio
What is capital adequacy ratio? How is capital adequacy ratio calculated for any bank? Read to find out all about it...
Funds Transfer Pricing
Funds transfer pricing is a method of measuring the profitability of a financial institution. Let's get into understanding this methodology in detail.
ATM Inventor Dies
Indian born Scotsman John Shepherd-Barron, who invented the world's first ATM has passed away at the age of 84 after a brief illness.
How to Fill Out a Deposit Slip
You want to deposit some cash in your bank account but don't know the exact procedure? Read on to know how to fill out a deposit slip...
Money Order Vs Cashier's Check
The following article explores the similarities and the differences between money orders and cashier's checks. For an indepth information read on.
Banking Terms - Glossary of Banking Terms and Definitions
Banking terms are sometimes very complex to understand. In some cases we also tend to become confused about banking terms. The following is a banking glossary that shall be helpful in providing you with different banking terminologies and banking definitions.
Purpose of Bank Reconciliation Process
Wrote a check of $500 yesterday, only to find out that your bank statement shows a balance of $450? Frantic phone calls to the bank may not solve your problem, but a bank reconciliation process will help avoid it in the future. What has happened here, is that, you have ignored the necessity of preparing a bank reconciliation statement. Know the purpose of a bank reconciliation process here, and you wouldn't be in such trouble next time.
Future of Investment Banking
Investment banks have played and will continue to play a very crucial role in market transactions on behalf investors, government and corporations. Read on to know about the future of investment banking.
Mobile Banking Services
Mobile banking is also popularly known as SMS banking or M-banking. It is the latest development in the banking sector that enables us to conduct banking transactions by using the mobile phone. Find out some more about mobile banking services.
Types of Bank Accounts
Banking institutions offer a wide range of bank accounts to attract deposits from the general public. These bank accounts serve an important purpose by mobilizing savings in order to utilize them in profitable investments. To find out more about the different types of bank accounts and their features, read on.
Basics of Investment Banking
The banking sector is one of the biggest contributors to a nation's economy, provided it is managed in an innovative and professional environment. Investment banking is one rapidly growing form of banking. Read on to know more...
Steps to Account Reconciliation
Account reconciliation is the process of comparison of the debit and credit balances of an account, and verifying the tallying of the account. To know more about steps to account reconciliation, read on...
Before Buying a Banking Software
Thinking of buying banking software? Read on for some banking software buying tips...
The Danger of Banking Abroad
When you’re traveling, the measures your bank puts in place to protect themselves (not you!) are significantly more drastic than those in place when you’re at home.
Senate Vote Awaits Bank Overhaul Legislation After Passing House
A massive financial and banking overhaul bill passed the House of Representatives, and now need only pass the Senate to become law.
Senator Dodd Offers Legislation to Protect Against Bank Fees
New legislation proposed by Senator Christopher Dodd would place limits on banks’ practice of collecting overdraft fees.
Mobile banking allows customers to perform a variety of banking transactions through their mobiles, smartphones, and even PDAs. With so much financial information being passed over wireless networks, security is of utmost concern in mobile banking.
Bank Transfer Day All About Taking Back Some Control
Bank transfer day occurred this past Saturday, and while it's unlikely to hurt any of the big banks, it surely sends a message.
Joint Bank Accounts: To Share or Not to Share?
If you're entering a committed relationship, you might be wondering if joint bank accounts are right for you.
Essential Things to Consider When Opening a Bank Account
A bank account should be opened after some careful thought process. Here is what you need to check before opening a bank account.
Famous Bank Runs in History
Retrospect can make things look a lot simpler; fear breeds panic, panic breeds chaos and if things are not controlled, ends up as eventual downfall. The principle is self-destruction cannot be better explained without the help of a bank run.
What Causes Bank Runs and How to Prevent Them
What causes bank runs? What happens during a bank run? How are they prevented? Continue reading to find answers to these and other such FAQs about bank runs, which will help you get a better understanding of the entire concept.
Types of Time Deposits
Time deposits are preferred types of investments for several investors. The interests for all 3 types of time deposits are quite impressive as compared to several other kinds of deposits. In this article, we shall know more about the advantages of time deposits.
Time Deposits Vs Demand Deposits
If you are active in the field of banking and finance, then you need to be aware of difference between demand deposits and time deposits. In this article, we shall know about this with the help of the time deposits vs demand deposits comparison.
Capital Adequacy Ratio
What is capital adequacy ratio? How is capital adequacy ratio calculated for any bank? Read to find out all about it...
Funds Transfer Pricing
Funds transfer pricing is a method of measuring the profitability of a financial institution. Let's get into understanding this methodology in detail.
ATM Inventor Dies
Indian born Scotsman John Shepherd-Barron, who invented the world's first ATM has passed away at the age of 84 after a brief illness.
How to Fill Out a Deposit Slip
You want to deposit some cash in your bank account but don't know the exact procedure? Read on to know how to fill out a deposit slip...
Money Order Vs Cashier's Check
The following article explores the similarities and the differences between money orders and cashier's checks. For an indepth information read on.
Banking Terms - Glossary of Banking Terms and Definitions
Banking terms are sometimes very complex to understand. In some cases we also tend to become confused about banking terms. The following is a banking glossary that shall be helpful in providing you with different banking terminologies and banking definitions.
Purpose of Bank Reconciliation Process
Wrote a check of $500 yesterday, only to find out that your bank statement shows a balance of $450? Frantic phone calls to the bank may not solve your problem, but a bank reconciliation process will help avoid it in the future. What has happened here, is that, you have ignored the necessity of preparing a bank reconciliation statement. Know the purpose of a bank reconciliation process here, and you wouldn't be in such trouble next time.
Future of Investment Banking
Investment banks have played and will continue to play a very crucial role in market transactions on behalf investors, government and corporations. Read on to know about the future of investment banking.
Mobile Banking Services
Mobile banking is also popularly known as SMS banking or M-banking. It is the latest development in the banking sector that enables us to conduct banking transactions by using the mobile phone. Find out some more about mobile banking services.
Types of Bank Accounts
Banking institutions offer a wide range of bank accounts to attract deposits from the general public. These bank accounts serve an important purpose by mobilizing savings in order to utilize them in profitable investments. To find out more about the different types of bank accounts and their features, read on.
Basics of Investment Banking
The banking sector is one of the biggest contributors to a nation's economy, provided it is managed in an innovative and professional environment. Investment banking is one rapidly growing form of banking. Read on to know more...
Steps to Account Reconciliation
Account reconciliation is the process of comparison of the debit and credit balances of an account, and verifying the tallying of the account. To know more about steps to account reconciliation, read on...
Before Buying a Banking Software
Thinking of buying banking software? Read on for some banking software buying tips...
The Danger of Banking Abroad
When you’re traveling, the measures your bank puts in place to protect themselves (not you!) are significantly more drastic than those in place when you’re at home.
Senate Vote Awaits Bank Overhaul Legislation After Passing House
A massive financial and banking overhaul bill passed the House of Representatives, and now need only pass the Senate to become law.
Senator Dodd Offers Legislation to Protect Against Bank Fees
New legislation proposed by Senator Christopher Dodd would place limits on banks’ practice of collecting overdraft fees.