banking

July 10, 2025

International Money Transfer: Which Bank Offers the Lowest Fees in 2025?

Sending money abroad should be simple and affordable. Yet in 2025, banks vary widely in how much they charge for cross-border payments. This guide compares the lowest fees for international money transfer

Transfers·Digital

July 10, 2025

Understanding SWIFT, IBAN, and BIC: What They Mean and When to Use Them

When sending or receiving money across borders, you’ll likely encounter three essential banking terms: SWIFT, IBAN, and BIC. These identifiers ensure international payments are secure, accurate, and delivered to the right account.

Banking·Banks

January 25, 2026

The Safest Banks in Africa 2025: A Guide to Financial Stability

In a world marked by economic uncertainty and rapid financial change, safety and stability are key considerations for people choosing where to entrust their money. For customers, investors, and businesses across Africa,

Zions Bank Names Nate Callister as Next CEO

Zions Bank, based in Salt Lake City, has named Nate Callister as its next CEO following the retirement of Paul Burdiss on December 31. This leadership change marks the second time in

December 31, 2025

Banks

Gold Prices Hit Record High Amid US Interest Rate Cut Bets

Gold prices surged to an all-time high, driven by expectations of US interest rate cuts and strong demand for safe-haven assets. On Monday, spot gold rose 1.2%, reaching $4,391.92 an ounce. Silver

December 22, 2025

Rates

Who Owns a Bank Account in Africa?

Financial inclusion in Africa plays a critical role in shaping the continent’s economic development. While discussions about financial sovereignty often focus on global assessments, the foundation for Africa’s financial resilience lies within

December 22, 2025

Accounts·Banks

Bank of Japan Raises Interest Rates to Highest Levels Since 1995

The Bank of Japan (BOJ) raised interest rates on Friday to 0.75%. This is the highest level seen since 1995. The move marks a major shift from Japan’s long-standing policy of ultra-low

December 19, 2025

Banks

EU Agrees on €90bn Loan for Ukraine Amid Russian Asset Dispute

European Union leaders have agreed to grant Ukraine a €90bn (£79bn; $105bn) loan, aiming to support the country’s military and economic needs over the next two years. This agreement comes after more

December 19, 2025

Loans

SoFi Launches Stablecoin Infrastructure

On Thursday, SoFi Bank officially launched its own stablecoin, SoFiUSD, marking a significant step in the company’s crypto and blockchain initiatives. The launch makes SoFi one of the first national banks to

December 18, 2025

Banks

PNC joined FedNow

Why PNC Joined FedNow PNC Bank joined the Federal Reserve’s FedNow instant payments system in October 2023, after significant changes in how federal payments are made. While many large banks, like JPMorgan

December 18, 2025

Banks

BOJ ETF Holdings Sale to Begin in January 2026

The Bank of Japan (BOJ) will begin selling its large ETF holdings in January 2026. This shift in policy marks a significant change for the central bank. The sale will happen gradually,

December 15, 2025

Banks

South Africa Cash System Overhaul Plans

The South Africa cash system overhaul marks a major change in how money circulates within the country. As part of the central bank’s Mission X initiative, the government plans to improve the

December 15, 2025

Banks

Federal Reserve Cuts Key Interest Rate Amid Economic Tensions

The Federal Reserve has recently announced a significant move to cut the key US lending rate by a quarter percentage point, marking the third reduction this year. This decision brings the target

December 15, 2025

Rates