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May 1, 2024
The Biden administration's move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. “As far as financial institutions, I don’t necessarily think it’s going to have a demonstrable effect” on how they deal with cannabis operators, said Morgan Fox, political director for the National Organization for the Reform of Marijuana Laws, or NORML. “Any potential decision from the admini...
April 27, 2024
As more banking services move online and into mobile apps, some may wonder if the days of the neighborhood bank teller are numbered. But even as banks invest heavily in their digital offerings, branch...
April 21, 2024
Kansas AG Kris Kobach, and 14 others, claim Bank of America is discriminating against conservative and Christian firms.
April 4, 2024
Today stc pay was given formal approval from the Saudi Central Bank (SAMA) to move to the next phase of its transformation journey into STC Bank. This beta launch is limited to preselected customers and is a preparation for a full public launch later in the year. This step is supported by SAMA, affirming its commitment to playing a pivotal role in digital transformation and empowerment, contributing to the ambitious goals of Vision 2030 to transition towards a cashless society by increasing the
April 2, 2024
The share of IT sector in the gig economy nearly doubled, jumping from 22 per cent in March 2023 to a dominant 46 per cent in March 2024. This boom indicated a strong demand for skilled freelance coders, IT consultants, and other tech professionals.
February 17, 2024
The Reserve Bank of India (RBI) on Friday extended the timeline for services linked to Patym Payments Banks to March 15 from the previous deadline of February 29.
February 2, 2024
Paytm Share Price Post RBI's Order on Banking Services News: Paytm, an online source of payment services, encountered a substantial setback courtesy of the Reserve Bank of India (RBI). The development unfolded on Wednesday, when the RBI took significant action against Paytm. As per details, Paytm will no longer be permitted to provide banking services beyond February 29.
January 31, 2024
The Reserve Bank of India issued new strict curbs on Paytm's Payments Bank, which processes transactions for financial services giant Paytm, barring it from offering many banking services including accepting fresh deposits and credit transactions across its services. Wednesday's move, which goes into effect February 29, follows the Indian central bank ordering Paytm Payments Bank to stop accepting new customer accounts in 2022, a curb it maintains. One97 Communications, the pare...
January 31, 2024
Mumbai: The Reserve Bank of India (RBI) on Wednesday banned Paytm Payments Bank Ltd (PPBL) from offering all forms of banking services including fund transfers via Unified Payments Interface, IMPS,...