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Financial Market News
You are at:Home»Posts Tagged "deposits" (Page 2)

German Banks Push For Bankless Payments, Tokenized Deposits

By FinMar NewsOctober 5, 2024

The German bank report highlights the growing shift toward peer-to-peer and machine-to-machine … [+] payment transactions, which makes bank intermediation less relevant and, at times, a…

New digital banks set to fire up competition for deposits

By FinMar NewsAugust 26, 2024

Competition for funding in the local banking scene is expected to heat up with the entry of new digital banks, which are expected to “aggressively” raise…

Scotiabank says it has fixed technical issue that stalled payday deposits

By FinMar NewsJuly 27, 2024

After Scotiabank customers expecting to be paid on Friday reported that their paycheques hadn’t been deposited, the bank says it has resolved the issue and that clients will start…

Axis Bank Q1 Results: Profit rises marginally by 4.1% YoY, NII at Rs 13,448

By FinMar NewsJuly 24, 2024

Axis Bank on Wednesday recorded a profit growth of 4.1 per cent on-year at Rs 6034.64 crore for the first quarter of FY25 in comparison to…

Nearly $109M in Yotta customer deposits vanish

By FinMar NewsJune 22, 2024

Tsingha25 | Istock | Getty ImagesLedgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta…

Ottawa to force banks to use carbon rebate label for direct deposits

By FinMar NewsApril 20, 2024

Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law to make them…

Metro Bank PLC says deposits grew in March but lending curtailed

By FinMar NewsSeptember 17, 2023

Net loans were down £169mln over the quarter as the lender said it undertook “proactive management of lending growth” PLC () said loans shrank 1% and…

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