The difference between the interest income a bank or a lending institution earns from lending money to clients and the...

It stands for International Bank Account Number, an internationally accepted account numbering standard which is designed to facilitate the automation...

The provision of banking services through application programming interfaces (APIs) developed by a third-party providers, mainly through portals and applications....

The short-term interest rate that is charged by banks to their most creditworthy, financially sound customers, i.e. customers who have...

A person who adds his endorsing signature to a promissory note without compensation. This person, known also as the cosigner,...

A money launderer who moves dirty money in tiny amounts that are hard to be detected or spotted. This money...

A promissory note that is combined with the price change in the value of a specific underlying asset such as...

A levered-up financial intermediary that doesn’t have access to any form of liquidity protection. Commercial banks, by nature, have access...

The component of the money supply in an economy which consists of bank deposits.  In other words, it is the...

The component of the money supply in an economy which consists of bank deposits.  In other words, it is the...