Japan payments clearing system disruption impacts 11 banks
Japan's nationwide payments clearing system has been disrupted by a glitch, affecting some domestic fund transfers between banks, MUFG Bank says.
Source: kyodonews.net
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Michael Wiegand: It's time for a new approach to financial inclusion
Financial inclusion needs to move beyond basic banking services. But this requires greater investment in digital infrastructure, says the director of Financial Services for the Poor at the Bill & Melinda Gates Foundation.
Source: thebanker.com
US Senate committee votes to advance marijuana banking bill
Most banks in the country do not service cannabis companies as marijuana remains illegal at the federal level despite several states legalizing its medicinal and recreational use. "Forcing legal businesses to operate in all-cash is dangerous for our communities ... passing the SAFER Banking Act through committee is a historic moment in this body."
Source: yahoo.com
Northern Ireland's first enhanced Post Office opens in Holywood offering new local cash services to support consumers and businesses
The enhancement comes ahead of the opening of a new Banking Hub in Kilkeel which will offer a ‘community banker service’ where customers can talk to their own provider including Barclays, Ulster Bank, Santander, Bank of Ireland UK and Danske Bank
Source: yahoo.com
Seaside town left with no bank as Barclays closes last remaining branch
A coastal Suffolk town will be left bankless when Barclays closes its final branch there in November.
Source: yahoo.com