Fintechs – Products, Community, News
Fintechs – Products, Community, News
In the fast-paced world of finance, the backbone of modern banking lies in sophisticated technological infrastructure known as Core Banking Systems (CBS). These systems serve as the nerve center of a bank, facilitating a seamless and integrated approach to various banking operations. This article explores the intricacies of Core Banking Systems, their evolution, functionalities, and […]
List of common investment jargons: 1. Bull Market: A period where stock prices are rising or expected to rise. 2. Bear Market: A period of declining stock prices. 3. Diversification: Spreading investments across various assets to reduce risk. 4. Portfolio: A collection of financial assets held by an investor. 5. Asset Allocation: The strategy of […]
Financial literacy is the understanding of various financial principles and skills that enable individuals to make informed and effective decisions regarding their money. It encompasses knowledge about budgeting, saving, investing, credit management, and understanding debt, taxes, and retirement planning. Importance of Financial Literacy In today’s complex financial world, financial literacy is crucial for navigating personal […]
Islamic financing, also known as Islamic banking or Sharia-compliant finance, is a system of financial services and products that adhere to the principles of Islamic law (Sharia). The fundamental tenets of Islamic finance revolve around ethical and moral considerations, avoiding interest (riba), uncertainty (gharar), and engaging in activities deemed harmful or unethical. Principles of Islamic […]
1. Industrial and Commercial Bank of China (ICBC): 2. China Construction Bank (CCB): 3. Bank of China (BOC): 4. Mitsubishi UFJ Financial Group (MUFG): 5. Bank of America: 6. JPMorgan Chase & Co.: 7. HSBC Holdings plc: 8. BNP Paribas: 9. Wells Fargo & Co.: 10. Royal Bank of Canada (RBC): 11. Citigroup Inc.: 12. […]
Global banking and finance constitute a complex and interconnected system that involves numerous institutions, markets, and participants. This system plays a crucial role in facilitating economic activities, managing risks, and providing financial services to individuals, businesses, and governments worldwide. Here’s a detailed overview of how global banking finance works: Key Components of Global Banking and […]
How RuPay can take on VISA & MasterCard in the Future? In the dynamic landscape of electronic transactions and digital finance, payment card networks play a pivotal role in facilitating seamless and secure monetary exchanges. Three prominent players in this realm are Visa, MasterCard, and RuPay. Each of these networks has its own unique characteristics, […]
How triple C makes money????????????? The way credit cards offer benefits like lounge access or airline miles revolves around partnerships, reward structures, and interchange fees. Here’s a breakdown of how it typically works: In essence, credit card issuers leverage partnerships, reward structures, interchange fees, and other revenue streams to offer enticing travel-related benefits to cardholders. […]
In the contemporary world of finance, debit cards have become an indispensable tool, offering users a seamless and efficient means of accessing their funds. Behind the scenes of every debit card is a debit card issuer, the entity responsible for facilitating the issuance, management, and security of these financial instruments. This article explores the pivotal […]
Credit Card can be defined as an entity it might be a physical plastic card or a metallic card or an online app or just the card details which helps you in availing credit facility to spend on products/services. There are various conditions with borrowing of a Credit Card which we will be discussing here. […]