Category: banking
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How to Change Mobile Number in Kotak Mahindra Bank?
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Changing your mobile number with Kotak Mahindra Bank? Let me tell you, it’s quite the adventure! I recently went through this process, and boy, did I learn a thing or two. It all started when I switched phone carriers for a better deal. New carrier, new number – exciting stuff,…
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Banking in the eyes of NextGen client
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In the early 2000s, paying college tuition required going to the bank to deposit cash. Now, much later, banking has changed dramatically, and the future of money is in our hands. Modern consumers can easily transfer money from their bank accounts to mobile wallets using basic or premium phones, while…
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IndusInd Bank Credit Card Bill Payment: A Comprehensive Guide
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Are you an IndusInd Bank credit card holder looking for convenient ways to pay your bills? Look no further! This article will walk you through the various methods to pay your IndusInd Bank credit card bill, ensuring you never miss a payment. Online Payment Methods Net Banking: A Step-by-Step Guide…
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US Senate Moves Bitcoin Reserve Bill To Banking Committee
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At the recent Bitcoin conference in July, cryptocurrency advocate Senator Cynthia Lummis announced plans to introduce a bill that would allow the US government to adopt Bitcoin as a strategic reserve asset. Five days after Loomis’ announcement, there have been some encouraging developments with what could be the most significant…
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Interest rates be damned: 3 reasons JPMorgan’s commercial banking clients are optimistic about the U.S. economy
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Federal Reserve interest rates, which influence global lending rates, are higher than they have been in 23 years. But that’s not stopping JPMorgan Chase clients from feeling optimistic. In a survey of more than 100 founders and senior business leaders at companies generating up to $2 billion each, more than…
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New taxes to make banking services unaffordable to most Kenyans
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Banks have warned of higher transaction costs if Parliament approves the proposed value-added tax and increased fees on financial services, arguing that there is a risk of declining gains in financial inclusion and eliminating money laundering. The Kenya Bankers Association (KBA), in its reports to the National Assembly Finance and…
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CFPB Rule Shakes Up Banks: Open Banking Ushers in an Era of Transparency
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Buckle up, because the financial sector is about to be swept up in a wave of transparency. For many years, consumer data remained boxed in a fenced garden, with traditional banks acting as gatekeepers. Access was tightly controlled, distributed in drops and shuffles. The CFPB’s move dismantles those walls, giving…
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Price Skyrockets 40% During US Banking Crisis
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Bitcoin, an obscure digital currency, is back in the spotlight as the US banking system faces mounting pressure. While some predict a massive rise to $1 million per coin, fueled by economic woes, others remain skeptical. Related reading Banking on the rise of Bitcoin? Bitcoin Supporters see it as a…
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Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist By Investing.com
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Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept risks to remain competitive. 65% of financial leaders say success with AI will depend more on people adopting it than on the technology itself,…
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NatWest Tells Customers to Visit Branches as Outage Hits Online Banking
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NatWest has issued an apology to customers following a service outage that made the app and online banking inaccessible. Customers began reporting issues early Tuesday morning, with many unable to log into their accounts via the smartphone app. When trying to open the app, users received an error message saying:…
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Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report
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Chinese police forces have blown up a major underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). according to a report From local media house Weixin The Chengdu Municipal Public Security Bureau arrested 193 suspects in connection with the…
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Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report
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Chinese police forces have blown up a major underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). according to a report From local media house Weixin The Chengdu Municipal Public Security Bureau arrested 193 suspects in connection with the…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…