News

A public awareness media campaign has been launched by the ABA and collaborating ABA member banks to aid in defending clients against the rising threat of frauds. When making payments through online and mobile banking, users are urged to...

Bank of America Corp. was fined $225 million by federal regulators for improperly processing the disbursement of unemployment benefits and other state assistance during the height of the pandemic. Customers who were improperly denied access to their unemployment benefits were...

Australia announced that it would evaluate its central bank, including whether the emphasis on inflation targeting is appropriate, after authorities came under fire for acting too slowly in the face of escalating pricing pressure. The Reserve Bank of Australia...

It is anticipated that from 2022 to 2023, stronger economic progress in the key Islamic finance nations will increase industrial assets by around 10%. With assets up 10.2% in 2021 compared to 11.4% in 2020 (excluding Iran), the global Islamic...

According to recent data issued by the Bureau of Labor Statistics, inflation rocketed to a new pandemic-era high in June with a 9.1% increase in US consumer prices year over year. It is also greater than the previous report, which...

Times are tough right now, and it’s no surprise that many people in the world are wondering what their futures are going to look like. While governments and stock trends flip-flop and change on topics and severity, there are...

For many people moving money across borders, the remittance corridors that link African countries to the economies of Europe, the Middle East, and the United States serve as a vital lifeline. In an effort to make transfers quicker, less...