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Internet Banks vs Brick & Mortar

08 Aug
Internet Banks vs Brick & Mortar

New Study Finds Online Banks Offer Savings Yields Four Times Higher than Traditional Banks & Credit Unions For those looking to earn more interest on savings accounts, internet banks are increasing APYs at a faster rate than traditional counterparts CHARLOTTE, N.C., Aug. 8, 2017 /PRNewswire/ — A new study by, now part of LendingTree®, […]

Swiss Banks Warn on Data-Sharing

30 Mar
Swiss Banks

Switzerland introduced the automatic exchange of information of data concerning bank customers at the beginning of this year. Swiss private banks now warn the government that the planned extension of the system to a further set of countries may endanger their wealthy clients in some of the highly corrupt partner states. The Association of Swiss […]

How Solid are Canada’s Big Banks?

25 Mar
Canada’s Big Banks - BMO Reflection

The World Economic Forum consistently ranks Canada’s banks among the world’s safest[1]. Competent regulators have overseen stress tests, tightened lending standards and delinquency rates are low. Demographics are good and the country’s diversified economy is backed by a treasure of oil, wood, gold and other natural resources. So the experts say. Institutional investors, relying on […]

First U.S. Bank Robbery was on Wall Street

18 Mar
First Daylight Bank Robbery Marker

Following is the daily “Profile America” feature from the U.S. Census Bureau: FIRST U.S. BANK ROBBERY Profile America — Sunday, March 19th.  Banks had operated in America for about a half century before someone tried to make an unauthorized withdrawal. On this date in 1831, Edward Smith committed the first bank robbery in the U.S. […]

Dubai Beehive and P2P Lending Platforms

04 Mar
City Center, Dubai, UAE - P2) Lending Platforms

Fintech Business, Beehive, is the First Peer to Peer Lending Platform to Receive DFSA Regulation DUBAI, UAE, March 5, 2017 /PRNewswire/ — New regulation key to driving growth of Fintech businesses in region Lending based crowdfunding important new route to finance for SMEs In excess of AED 75 million facilitated across 150 SME funding requests […]

HMRC Profile of Offshore Investors

17 Feb
Royal Arms of England - Offshore Investors

Discussions with the 16 banks highlighted that the typical offshore investor is of either High Net Worth (HNW) or Ultra-High Net Worth (UHNW). The definition of these terms varied amongst banks in relation to the manner in which they segmented their customer base. Despite some variation in the boundary between HNW and UHNW there was […]

The First U.S. Bank

07 Jan
First U.S. Bank in Washington Dc ~ United State Capitol ~ Historic Building

WASHINGTON, Jan. 7, 2017 /PRNewswire/ — Following is the daily “Profile America” called the First U.S. Bank from the U.S. Census Bureau: First U.S. Bank Profile America — Saturday, January 7th. During the Revolutionary War, the rebelling colonies and the Continental Congress were anything but too big to fail. To the contrary, finances were very […]

Money 2020 and the new Cyber Regulations

21 Oct
money 2020 cyber regulations

One of the big topics at Money 2020 will be the new cyber regulations announced by the Fed and FDIC. They believe hacking could lead to a national financial crash. Christopher Pierson, EVP, General Counsel & Chief Security Officer, of FinTech company Viewpost has analyzed the proposal and says this “really places a chair at […]

Skipton International is investing for the future

18 Oct
Corbiere Lighthouse, Channel Islands, Skipton International

Skipton International is to implement a new banking service and replace its core banking system for offshore savings customers. Skipton International will be making a significant investment in the new system and portal, provided by Temenos, a global leader in banking software, and implemented by their partner, Syncordis, a Luxembourg IT Consultancy. Jim Coupe, Managing […]

The evolution of online banking

03 Oct
online banking systems

Ally Bank CEO and President Diane Morais on how She is Revolutionizing the Industry discusses the branchless model, the evolution of online banking and how she plans to keep up with change Online banks are relatively new in retail banking, but they have been growing faster than their traditional counterparts, tripling their share of new […]

Exploration of the Offshore Investment Market

29 Sep
offshore investment marketplace

This report presents findings from qualitative research designed to gain further insight into the offshore investment market. Document Exploration of the Offshore Investment Market PDF, 635KB, 48 pages Detail This research was commissioned by HMRC to provide further insight into the operation of the offshore investment market. The specific aims were to: collect views and […]