Cashless payments have been in our lives for many years now and we are very keen to conduct our purchases using cards. However, the existence of debit, credit, and prepaid cards confuses a large number of individuals. Although these 3 kinds of cards allow you to complete wire transfers, they are different in terms of […]
Have you ever heard people talking about prepaid cards and wondered how a prepaid card differentiates from a casual debit card? Let’s take a closer look on this kind of card, and clear things out in our heads!
The global pandemic of Covid-19 has brought the up and down to several fields of society, including the economy and the banking sector. According to studies, the impact of Covid-19 to the economy is expected to be worse than the 2007-2008 global financial crisis! This is how bad the economy is hit by the virus…
Money laundering has been around for a very long time, and has become one of the major sources of illegal activity in the world of crime. Even though it has many many years on its back, it’s still writing history, since it hasn’t stopped emerging! OK, I know what you’re thinking… What is money laundering? […]
Cryptocurrency is now a trend in the financial sector, occupying the digital wallets of a fast-growing list of merchants and traders. The most popular type of cryptocurrency is Bitcoin. Even though it might be leading the crypto market, there is a tsunami of other cryptocurrencies, that you may not know they exist. What are the […]
The market of cryptocurrency seems to have a rapid growth the last years. There are different views around this type of asset, that create doubt and confusion concerning its reliability. Some claim that cryptocurrency is an illegal, unsafe and “bad” currency. Others believe that it is “the money of the future” and that it is […]
If we take the history of payments way back, we can identify how the economic sector has evolved, thanks to technology’s evolution. Back in the old days, people utilized different forms of payments, such as exchanging a product with a different one. Nowadays, transactions are much different. We can fast and easily check our balance […]
Since you’re reading this blog post, I bet you are wondering… what is a SWIFT IBAN? Well, this article will get your question answered!
Ever asked yourself, what is a SEPA IBAN? We have heard the term IBAN so many times, but how is a SEPA IBAN different?
After the Covid-19 pandemic took the world by surprise and shut down thousands of businesses during the process, it seems to have become apparent that the traditional or “old” ways of doing things just do not cut it any longer.