Retail Banking Definition

Retail banking is also known as consumer banking or personal banking. It provides financial services to individual consumers rather than businesses. Services offered by retail banks include checking and savings accounts, mortgages, personal loans, credit cards, and certificates of deposit. Compared to business or private banking, the sales volume is relatively low and at the same time high quantities have to be processed. That’s why highly standardized products are offered not individual solutions.

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Banks and Fintech Companies Rush to Issue Stablecoins Amid Regulatory Shift

Rosalia Mazza

Major financial institutions and fintech companies like Bank of America, Stripe, and PayPal are aggressively entering the stablecoin market, anticipating... Full Article

U.S. Seizes $15 Billion in Bitcoin Linked to Forced-Labor Crypto Scam

Rosalia Mazza

U.S. authorities have seized $15 billion in bitcoin tied to a Cambodian executive accused of running a global forced-labor cryptocurrency... Full Article

Coinbase and AmEx Launch Bitcoin Rewards Credit Card for U.S. Subscribers

Rosalia Mazza

Coinbase and American Express unveil a bitcoin rewards credit card for Coinbase One subscribers, offering up to 4% back on... Full Article

India's Digital Rupee Gains Momentum with Fintech Integration

Rosalia Mazza

India's Digital Rupee, introduced by the Reserve Bank of India (RBI) in December 2022, gains momentum. Cred has become the... Full Article

PayPal to Expand PYUSD Stablecoin to Stellar for Faster, Cheaper Global Payments

Rosalia Mazza

PayPal plans to launch PYUSD on the Stellar blockchain, expanding its stablecoin's utility for real-world payments, remittances, and financing—pending regulatory... Full Article

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