Banking

359 Articles 5 Followers


Big banks hate Bitcoin, but they’re beginning to realize they can’t beat it

30 Sep 2023 1 minute read 2 comments LeftFooted

It is no accident that bitcoin was created in the aftermath of 2008 financial crisis. We’ve gradually been trained to distrust governments and banks. We haven’t been trained to do that by fanatics or as part of our education, nope, it was everyday...

Delink Aadhaar From Your Indian Bank Accounts

27 Sep 2023 2 minute read 7 comments Debesh Choudhury

Aadhaar is a broken digital identity project of India! Adopting biometrics as an authentication factor made Aadhaar a pain for Indian citizens! They lose money almost every day from their bank accounts! Daily, poor citizens lose money from their...

Chase Bank is chasing its customers away

27 Sep 2023 1 minute read 2 comments LeftFooted

I read somewhere that one of the biggest mistakes we can make is to assume that just because somebody's in a high-ranking position to do a job, that person is actually qualified for the job. In other words, just because they make the big bucks, it d...

How TradFi Can Embrace Blockchain Innovation

21 Aug 2023 3 minute read 0 comments 0xVince

The traditional financial system (i.e. TradFi or Traditional Finance) is based on ideas that date mostly back to the early 20th century. Banking is perhaps the oldest continuing financial service used throughout the world. These industries have had t...

HSBC Applies and Clarifies Their Crypto Limits

12 Aug 2023 2 minute read 1 comment Alonicus

I had an interesting email a day or so back, from HSBC bank. In it, they explained the limits they were putting on crypto-related transactions. Here's a copy of the text of the email, with all identifying names and logos removed, of course; They als...

In the States, High Voltage War Between Banks and Crypto

6 Aug 2023 3 minute read 0 comments Aslamrer

Hello to the Leofinance Community! Welcome to my blog. Made with Canva Exposed Bank Gambling: Nowadays, banks are playing with the assets of their users. I have seen in the World, if any bank suffered a phase of bankruptcy then...

Newly proposed Japanese law is why Bitcoin exists

2 Aug 2023 1 minute read 2 comments Kovichni

Japan has a radical new idea to combat scamming criminals: Take bank cards away from the elderly and suspend their bank account altogether if they have not used it for over one year. Why? You know, for their own protection. Which if you look at the s...

Millionaires Don’t Use Astrology, Billionaires Do

29 Jul 2023 1 minute read 0 comments Tomadachi

The quote "Millionaires don’t use astrology, billionaires do" is widely attributed to a certain J Pierpont Morgan of the JP Morgan banking dynasty. That being said, I'll hold my hands up and say I can find no direct source for the quote however, I ha...

Is It Time to Rethink Traditional Banking? Exploring Alternatives for Better Returns and Security

26 Jul 2023 2 minute read 0 comments Bhatt_G

As time is passing inflation rates increase yearly. But the traditional banks are still paying the same rate of interest. Sure a few months earlier the rates did increase a bit but still, it is not good. I think this is the main reason why people are...

No Banks in The Wild

16 Jul 2023 2 minute read 0 comments TheeCryptoDoc

The news is flooded with reports of banks crashing and failing due to liquidation issues. It's a scary thought to lose all of your hard-earned money in a matter of seconds. So, how can you protect yourself from such a situation and keep your money sa...