Deposit news and trends

Brexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits
Europe // March 03, 2019

Ahead of the U.K.’s potential departure from the European Union, the bloc’s banking watchdog is imploring member states to protect the deposits of customers. While national deposit schemes cover bank deposits up to 100,000 euros, that protection does not cover branches of banks from not in...

Bitcoin Daily: Belgium, Abu Dhabi Ports Debut Blockchain Pilot; Bitfinex Reboots Currency Deposits
Bitcoin // October 17, 2018

Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, says it has reached the next phase of its “Silsal” project, which is the first international blockchain pilot testing project in partnership with the Port of Antwerp, Belgium. Designed to provide a seamless and secure link between...

Quick Reads
CUs Saw Overall Credit Spending Drop 31.3 Pct in YOY Weekly Data, PSCU Says

April 21, 2020
Credit union service organization PSCU has updated its weekly transaction analysis from Owner credit union members to reflect the impact of the coronavirus, finding that credit spending overall was down 32 percent while debit spending was down 11 percent. The union said in a release that the eight states without stay-at-home orders had seen credit […]

Brexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits

March 03, 2019
Ahead of the U.K.’s potential departure from the European Union, the bloc’s banking watchdog is imploring member states to protect the deposits of customers. While national deposit schemes cover bank deposits...

Bitcoin Daily: Belgium, Abu Dhabi Ports Debut Blockchain Pilot; Bitfinex Reboots Currency Deposits

October 17, 2018
Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, says it has reached the next phase of its “Silsal” project, which is the first international blockchain pilot testing project in partnership...