1. Nostro Account: An account a bank holds with a foreign bank. For instance, a Ukrainian bank may have a Nostro account with a German bank. 2. Vostro Account: An account a foreign bank holds with ...

Serge Beck, the founder and CEO of Omniwire, is driven by his belief that people deserve robust and secure financial services. As customers demand speed, personalization and real-time access—and ...

According to him, banks have learned to respond flexibly and promptly to all emerging difficulties while preserving the main ...

The digitalisation wave has set in motion a fundamental and inevitable change throughout the globe, triggering disruptive growth throughout all aspects of business in the corporate world as it ...

Bank of America Corp.’s Chief Executive Officer Brian Moynihan said it’ll take time for the banking industry to work through issues with commercial real estate loans, after a New York regional lender ...

Your business’s emergency fund is a gold mine hiding in plain sight. After incorporating a business strategy to become my own bank, I developed a system that transforms emergency cash reserves into a ...

Above the Genesee River Gorge High Falls in Rochester, New York. (Photo by J. Stephen Conn / CC BY-NC 2.0 DEED) This is your first of three free stories this month. Become a free or sustaining member ...