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55 votes
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New US bank-overdraft fee limits to go into effect
41 votes -
Facebook in talks with banks to add your financial information to Messenger
18 votes -
Bank transfers as a payment method (2021)
11 votes -
Capital One to buy Discover Financial in $35.3 billion all-stock deal
32 votes -
Why banks are suddenly closing down customer accounts
28 votes -
Silicon Valley Bank has failed and been taken over by the FDIC
25 votes -
The problem with NFTs
31 votes -
Kansas bank collapse due to executive caught in pig butchering investment scam from Asia
32 votes -
How Cory Doctorow got scammed (and why AI will make it worse)
60 votes -
The handwavy technobabble nothingburger of cryptocurrency
12 votes -
There used to be a people’s bank at the US Post Office
37 votes -
Technology is making people busier during their so called free time
34 votes -
What's the best way to save/store money?
Lately I've been thinking about withdrawing most if not all my money off the bank and investing in a safe box, but I'm not sure how wise of a decision that is. How does everyone here go about...
Lately I've been thinking about withdrawing most if not all my money off the bank and investing in a safe box, but I'm not sure how wise of a decision that is. How does everyone here go about that? Do you keep your money in the bank? Do you have a safe box at home? Why one over the other? Do you invest some of it, say in things like cryptocurrencies/stocks? What would you recommend or advice someone to do in regards to this if you could?
12 votes -
JP Morgan's coffee machine
5 votes -
A Black man in Michigan tried to deposit checks at his bank. The manager called police.
22 votes -
Square wants to be a bank but doesn’t want to be taxed like one
15 votes -
Fighting climate change via personal banking
12 votes -
Half of America’s banks are potentially insolvent – this is how a credit crunch begins
14 votes -
Danish bank workers celebrate full year without robberies – finance workers' union says number of bank heists has been affected by fall in use of cash in recent years
8 votes -
JPMorgan to pay $75 million in settlement involving Jeffrey Epstein
11 votes -
'The men who plundered Europe': Bankers on trial for siphoning €60bn
10 votes -
Robinhood launching checking and savings account with 3% interest
8 votes -
Cryptocurrencies like bitcoin cannot replace money, says Bank for International Settlements
10 votes -
What is the importance of management jobs when applying for bank products?
I live in the EU. I recently applied for a credit card, and the banker asked me (about my job): "Is it a management role?" I realized that it is a question I have been asked several times in the...
I live in the EU. I recently applied for a credit card, and the banker asked me (about my job): "Is it a management role?"
I realized that it is a question I have been asked several times in the past by banks. I tried a cursory google & Reddit search, but I haven't found anyone being curious about this.
I'll try here then. Does anyone know why bankers ask this question? How does it matter? Are "individual contributors" seen as worse/riskier customers than managers?
I have my own informal, anecdotal opinion, but I'm hoping to hear some more informed answer.
26 votes -
The incredible tantrum venture capitalists threw over Silicon Valley Bank
5 votes -
What SWIFT is and why it matters: A quick run-down
@Sahil Bloom: With the rapid deterioration of the Russia/Ukraine situation, you're going to hear a lot about SWIFT in the coming days...Here's a quick breakdown of what it is and why it matters:
20 votes -
Shadow banks are back with another big bad credit bubble
11 votes -
Australian petition against bank actions cutting branch locations and restricting access to cash gains more than 120,000 signatures
12 votes -
Banks in UK and US are closing customer accounts with little to no warning or explanation
15 votes -
Bank failure: Kansas Heartland Tri-State Bank closed by US Federal Deposit Insurance Corporation
29 votes -
Credit Suisse inquiry will keep files secret for fifty years, says report
12 votes -
After Signature Bank deal, FDIC is left with $11 billion in ‘toxic waste’ loans
6 votes -
I just visited a retail marijuana store that uses Litecoin to accept debit cards
After all this time watching cryptocurrency from a distance, I have finally seen a real world use case. Marijuana is legal in this US state, however national banks are not allowed to service the...
After all this time watching cryptocurrency from a distance, I have finally seen a real world use case.
Marijuana is legal in this US state, however national banks are not allowed to service the marijuana industry due to federal law. Therefore all card processing is not available to the retail outlets. It’s only cash transactions at the retail level.
Until today. Today I was asked if I wanted to pay with a debit card. When I asked how, he said they used litecoin. So I imagine that the card is being run by a company which then converts it to litecoin to pay the merchant. Anyone have any clue on what that might cost the merchant as far as percentage?
I thought I would share this because after hearing all hype rollercoaster regarding cryptocurrency, I have finally seen a somewhat legitimate use of it in the real world.
Do you see any other use cases of crypto out in the wild these days?
13 votes -
Bank of America freezing accounts of customers suspected of not being US citizens
18 votes -
Why killing Dodd-Frank could lead to the next crash - Eliminating the bill was a top priority for Trump. So why did any Dems vote for it?
11 votes -
Bad property debt exceeds reserves at largest US banks
23 votes -
Full consensus for disconnecting Russia from SWIFT achieved, process has begun
30 votes -
Money stuff: You can’t just call loans options
5 votes -
Bank of Canada maintains overnight rate target at 1.75%
7 votes -
How money and banking work (and why they're broken today)
3 votes -
Pandora Papers - Billions hidden beyond reach
26 votes -
Predatory lending practices: Business borrowers hurt by "confession of judgment" filings
9 votes -
Will Trumponomics collapse?
9 votes -
Campaign for postal banking
9 votes -
Europe’s banks find breaking up with Russia is hard to do
10 votes -
A banking relationship, dementia and a loss of $50 million dollars lead to a US lawsuit against JP Morgan
3 votes -
Payments app Zelle begins refunds for imposter scams after Washington pressure
13 votes -
The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion
13 votes -
Bank of America has $100B in unrealized losses
9 votes