Deepfake scams are on the rise – but can their victims claim compensation? The legal landscape is still developing.
German banks located outside of areas regulated by a key financial watchdog sharply increased business with sanctioned countries.
The interest your bank pays you is a reward for letting it use your money.
Spreadsheet-related errors can have serious consequences in the private and public sector. But what can we do to overcome them?
The outcomes of increased financial inclusion in Ghana have been mixed
Fraud was up 25% in the UK in 2021/22.
People from NZ charities and not-for-profits told me volunteers and paid staff can spend months on basic banking processes. But just one ‘golden unicorn’ bank employee can make all the difference.
Escorts, sex workers and other adult entertainers often do not feel they have the power to challenge debanking.
Banks in the UK have to conduct extra checks on people more at risk of blackmail – and an easier option is sometimes just to say no to giving them and account.
An economist explains what the Bank of Canada’s interest rate hike to five per cent means for Canadians.
Two of Australia’s major banks have announced they will take action against financial abusers, including closing their accounts.
A Welsh mining company was the first to issue tokens to workers as an alternative form of payment.
More Nigerians are using mobile money but it is fraught with inherent dangers that must be tackled.
While a digital national currency does have the potential to mitigate key financial issues, we cannot ignore the democratic risks such a currency could introduce without safeguards.
The Fed said it’s pausing its aggressive rate-hiking campaign as it collects more data on the impact.
New research found that Black and Hispanic people tended to give banks a pass for poor customer service.
Social media provides both a forum for communication and a public signal about what a bank’s customers believe. That means Twitter can facilitate coordination in real time.
The cause of banking crises since the debacle in the 1980s remains unchanged. Incentives encourage executives to take excessive risks, with few consequences if bets turn bad. It’s happening again.
Financial crises are inevitably followed by legislation to restructure the banking system, and the ongoing problems with bank stability are likely to be no exception.
The slow disappearance of cash has advantages, but it can also exclude the most vulnerable from socio-economic activity. It’s also a privatisation that deteriorates the symbolic dimensions of money.