Square Inc

Photo: Bloomberg

Jack Dorsey's Square To Launch Banking Services For Small Businesses

Twitter CEO Jack Dorsey owned Square Inc. which enables sellers to accept card payments is now launching banking services for small businesses. Apart from offering businesses savings and checking accounts, Square banking will also offer loans to small and medium businesses through Square Loans. The aim is to attract small business owners who have been struggling to gain access from big banks.

Wed, 21 Jul 2021 - 04:23 PM / by Prateek Chakradhar

Tags: Jack Dorsey, Twitter CEO, Finance, Small and Medium Business, Banking

Courtesy: Reuters


Photo: Asianet Newsable

Bank Accounts Operated By Women Increased Significantly: NFHS Survey

The fifth National Family Health Survey (NFHS) has concluded that the number of bank accounts operated by women has increased significantly. The figure has raised from 26.4% to 76.7% in Bihar, while in Karnataka it surged to 88.7% from 59.4%. Moreover, Assam and Gujarat rose by over 73% and 45% respectively. Besides, NFHS reported notable growth in the mobile phone user base and ownership of property among women.

Mon, 14 Dec 2020 - 06:41 AM / by Nikita Thakur

Tags: Banking, Women Empowerment, National news, NFHS, Survey

Goldman Sachs

Photo: Seeking Alpha

Goldman Sachs Plans to Acquire General Motors' Credit Card Business

Sources have informed that Goldman Sachs will be acquiring the credit card business of General Motors with a $2.5 billion deal. Reportedly, Goldman Sachs agreed to the amount and the deal will be finalized in the upcoming weeks. This will be the second partnership of Goldman Sachs after its agreement with Apple in 2019. The acquisition aims to help Goldman Sachs to expand exponentially in the banking sector.

Fri, 02 Oct 2020 - 02:56 AM / by Dharshana Vijayan

Tags: GOLDMAN SACHS, General Motors, Apple, Banking

Courtesy: Reuters

Tweet from RBIs handle on banking awarenes

Photo: Twitter

Amitabh Bachchan Features In RBI's Ad To Promote Safe Transaction Practices

According to a tweet, RBI has signed Amitabh Bachchan to feature in a customer awareness campaign. The banking regulator has been continuously campaigning to aware and reach people informing them about fraudulent activities. The awareness drive includes dos and don’ts required for safe transaction. To increase RBI's reach, the campaigns are designed in regional languages as well. Interestingly, RBI's Twitter handle has 3.02 lakh more… read-more

Mon, 28 Sep 2020 - 02:22 AM / by Nitesh Kumar Singh

Tags: Banking, RBI, ATM-Fraud, Bank fraud, Covid-19, Amitabh Bachchan

Courtesy: LiveMint