Banking

10 articles with this tag

What Is De-Dollarization and How It Works Economy

What Is De-Dollarization and How It Works

De-dollarization is the global push to reduce reliance on the U.S. dollar in trade and finance. Here's how the dollar rose to dominance—and why countr...

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Hungarian Authorities Seize $75 Million from Ukrainian Bankers Economy

Hungarian Authorities Seize $75 Million from Ukrainian Bankers

Hungary's National Tax and Customs Administration (NAV) detained seven employees of Oschadbank in Budapest, who were transporting $40 million, €35 mil...

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How Gold Prices Are Set and What Drives Them Economy

How Gold Prices Are Set and What Drives Them

Gold recently shattered the $5,000-per-ounce barrier for the first time in history. Here's how gold prices are actually determined — and why they move...

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What Are Prediction Markets and How Do They Work? Economy

What Are Prediction Markets and How Do They Work?

Prediction markets let traders bet real money on the outcome of future events — from elections to military strikes. Here's how they work, why they're...

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How Startup Funding Rounds Work: Seed to IPO Economy

How Startup Funding Rounds Work: Seed to IPO

From a founder's first pitch to a billion-dollar IPO, startup funding follows a structured ladder of rounds — each with different investors, risk leve...

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Iran Drone Strikes Hit AWS, Disrupting Gulf Banking Technology

Iran Drone Strikes Hit AWS, Disrupting Gulf Banking

Iranian drone strikes damaged Amazon Web Services data centers in the UAE and Bahrain, knocking out banking apps, payment platforms, and cloud service...

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Cashless Payments: Slovakia Pushes Back Mandate to May Economy

Cashless Payments: Slovakia Pushes Back Mandate to May

The obligation for businesses to accept cashless payments for transactions over €1 has been postponed from March 1st to May 1st, 2026. Small businesse...

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US Mortgage Rates Break 6% Barrier After 3.5 Years Living & Furniture

US Mortgage Rates Break 6% Barrier After 3.5 Years

The 30-year fixed mortgage rate fell to 5.98% on February 26, 2026 — the first time below 6% since September 2022 — as rising inventory and declining...

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Africa's $205B Crypto Market Hits a Tipping Point Economy

Africa's $205B Crypto Market Hits a Tipping Point

Sub-Saharan Africa's cryptocurrency market surged to $205 billion in on-chain value in the past year, while South Africa's 2026 budget introduces form...

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The 'AI Scare Trade' Upends Global Markets Economy

The 'AI Scare Trade' Upends Global Markets

A wave of AI-driven panic selling is pushing investors out of wealth management, real estate, and financial services, as fears grow that autonomous AI...

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