2018 Caps Non-Bank 
PYMNTS
MARCH 11, 2019
In the wake of a slew of European money laundering scandals, deposits in the euro zone region from foreign countries dropped significantly in the latter half of 2018. The lessening of deposits came around the same time that prosecutors started an investigation in July in the Danske Bank Estonia branch. trillion euros ($1.2
PYMNTS
JANUARY 4, 2018
Walmart has made a concerted effort in this regard — but as the largest physical retailer on Earth (in terms of sales and size, but not market cap), they may have the most options in this regard. It will be interesting to see how that spreads in 2018. Movie fans who pay using Apple Pay on the mobile app will receive a $5 credit.
PYMNTS
MARCH 22, 2019
As for Schwartz, his non-compete agreement with Goldman recently expired, leaving him able to pursue other jobs. The issue is that he does not want to move to Charlotte or San Francisco,” one source said, as the San Francisco-based bank’s East Coast headquarters are in Charlotte, NC. The reports come after U.S.
PYMNTS
OCTOBER 31, 2017
The country’s state bank ruled that all cryptocurrency, not just Bitcoin, was an invalid form of payment. The financial authority released a statement last week declaring cryptocurrency an illegal, non-cash payment method. The use of Bitcoin as a form of payment has been banned in Vietnam , according to Monday (Oct. 30) ZDNet reports.
PYMNTS
OCTOBER 15, 2018
Specifically, supply chains of even the most local sort can feel the pinch from delayed or non-existent payments from buyers. That statement comes from a bank official. The SMEs have been hurt by caps on lending. As noted by The Star , central bank data has shown that gross non-performing loans were up 48 percent last year.
PYMNTS
APRIL 17, 2018
Interest rates plummeted as the Fed held the federal funds rate at zero in the hopes of stimulating lending in an environment where credit went from dangerously free-flowing to dangerously non-existent in the span of a few months. Big banks have moved away from the segment in general — and from subprime borrowers in specific.
PYMNTS
JULY 30, 2020
Forty percent of respondents told the Federal Reserve in 2018 that they would either be completely unable to afford a surprise $400 expense or would have to sell something to do so. Consumers receiving checks in the mail must also take the check to a cashing service or deposit it into a bank account and wait for the money to clear.
Expert insights. Personalized for you.
59 
Let's personalize your content