10x-Westpac partnership unveils robust, scalable Transactional Banking Platform
10x Banking (10x), the fintech firm disrupting conventional banking, recently announced that it intends to deepen its partnership with Westpac, to unveil a transaction...
American Riviera Bancorp Announces Changes to Board Leadership
American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), recently announced changes in its Board leadership associated with normal succession planning....
Stephen Bowman and Hikmet Ersek elected to Voya’s Financial board
Voya Financial, Inc., announced yesterday that Stephen “Biff” Bowman and Hikmet Ersek have been elected to the company’s board of directors, with immediate effect.
Bowman...
Electronic Money
E-Money is the virtual money stored in the banking computer systems. It doesn’t have a physical form like regular paper currency. Nowadays E-money is...
DBS Refunds Customers
DBS on Saturday said that all duplicate card transactions - which were reported by customers on Friday - have been successfully refunded.
In a Facebook post -...
Tata Motors and Bandhan Bank signs MOU to fund their passenger vehicles customers
Tata Motors, India’s automotive manufacturer, has become the OEM of choice for Bandhan Bank to sign a retail finance MoU, offering exciting finance options...
Madam MA Hong appointed as Chairperson and Non-Executive Director of CDB Aviation
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., announced that Madam MA Hong was appointed as Chairperson...
Techcombank announces partnership with Adobe
Today, Adobe and Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced a multimillion-dollar, multi-year partnership that will power Techcombank’s digital transformation, making it...
BankUnited welcomes Dr. Germaine Smith-Baugh to its Board of Directors
BankUnited Inc. yesterday announced the election of Germaine Smith-Baugh, Ed.D. to its Board of Directors. “Dr. Baugh has more than 25 years of experience...
Effective Interest Rate
The effective interest rate (EIR), effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the interest rate on a loan or financial product restated from the nominal interest rate and expressed...
