Imagine having all your shopping at the checkout, rushing to pay and get home, only to find out your account is blocked. Fuming, you leave the shopping where it is and stomp out of the shop. You know there’s money in your account, and you know it hasn’t been stolen, so why is this happening? Why? …
Citizens Bank has teamed up with Navan to provide its commercial customers with travel expense solutions. “Dynamic travel policies are in demand given the changing landscape in travel and the unique needs of companies and employees,” Rodrigo Sanchez, head of commercial card solutions at Citizens, told Bank Automation News. “Clients are also looking for ways…
The likelihood of your bank account being closed without any warning is generally low. However, the rate of account closures is rising. Your bank account might be closed without notice if the bank suspects fraudulent activities, if you repeatedly overdraw your account, or if you don’t use the account for a long time. It’s becoming…
Union Bank February 27, 2024 Effectively integrating all aspects of your financial picture—from retirement goals to philanthropic wishes—into your estate planning process isn’t always easy. This is especially true when you have accounts and investments at multiple financial institutions, as well as real estate and other assets. Wealth management is an integral part of successful…
Adding money to your Suits Me account is quick and easy and can be done in a number of ways – including using PayPoint but if you’ve never used a PayPoint terminal before, it might seem a little confusing but let us guide you through it with our simple support guide. What is PayPoint? PayPoint is…
Aydan Dogan, Melih Firat and Aditya Soenarjo How does the use of imported inputs in production affect inflation dynamics in the UK? Over the past few decades, with the rise of global value chains (GVCs), production processes have become increasingly interlinked across countries and sectors. This interconnection means that firms’ pricing decisions are now more…
TD Bank named Raymond Chun its incoming chief executive today after current CEO Bharat Masrani announced plans to retire in April. Chun, who serves as the bank’s group head of Canadian personal banking, will become chief operating officer Nov. 1 as he plans to step up as CEO on April 10, Masrani said today during…
Debit cards have long been a convenient way to pay for goods and services, provided you manage them well. However, you can also earn money by using your debit card wisely thanks to the many cashback rewards offered by providers. What is Cashback? Cashback is a payment card benefit that allows you to earn money back when…
Open banking regulation set to finalize this fall will boost small- and medium-sized-enterprise access to financial services, experts said this week in the Bank Automation News webinar, “The future of open banking – Payments meet data.” “I see SMEs as one of the biggest winners from an open banking, open finance perspective,” Michelle Beyo, chief…
Colm Manning and Alice Crundwell No country is an island – in terms of economics at least, if not geography. Trade and capital link all the economies of the world. Relative to GDP, the UK has more foreign assets and liabilities than any other large economy. These external liabilities – UK assets owned by overseas…
