Banking

In today’s fast-paced digital world, speed is everything. This extends to digital wallets. PayPal has long been a leader in …

Read moreDoes Digital Wallet Offer the Fastest Transaction Speed?

Meaning of Balance Sheet Every company is bound to record the financial transactions that take place in their routine. Only …

Read moreBalance Sheet of a Banking and Non-Banking Company: Meaning, Norms, Difference

Lending is regarded as core function of banking institutions. The banks accept deposit from general public and lend that raised …

Read morePrinciples of Sound Lending

Meaning Of Banking Desert Banking desert refers to census tract or neighbourhood having no bank branches situated within it or …

Read moreBanking Desert: Meaning, Negative Impacts and History

Meaning Of Microfinance Microfinance is a term for financial services offered to unemployed or low-income peoples or groups who lack …

Read moreMicrofinance: Meaning, Types, Features, Pros & Cons and History

Meaning Of Credit Union Credit union refers to non-profit financial institution that is owned by a group of peoples who …

Read moreCredit Union: Meaning, Credit union vs Banks and Pros & Cons

Meaning Of BIN Bank identification number refers to first four to six digits on payment cards issued by banking companies …

Read moreBank Identification Number (BIN): Meaning, Working, Importance and Benefits

Meaning Of Lockbox Banking Lockbox banking is a secured mailing locations run by banks or financial institutions to provide businesses …

Read moreLockbox Banking : Meaning, Example, Advantages, Disadvantages

Meaning Of Virtual Banking The facility of getting access to all baking and related services online without actually visiting the bank …

Read moreVirtual Banking : Meaning, Features, Advantages, Disadvantages