Category: Economy
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Is a credit score of 650 good and what loans can I take out with it?
You’re probably here because you learned that you have a 650 credit score and are wondering if it’s good or not I want to share with you what a 650 credit score means in terms of borrowing and what to expect from lenders when applying for a mortgage, car loan, or credit card with a…
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Gamestop share (GME)
Retail investors uniting on Reddit have boosted shares of games retailer Gamestop. While speculation professionals lost billions, a YouTuber made a fortune with GME. Dhe sensation is perfect: For many years, savvy stock market professionals have dominated the stock market and raked in billions with unscrupulous bets on dying companies. Small investors didn’t want to let that happen…
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What are banking APIs – features and functionality
An API or Application Programming Interface allows third party applications to access a common set of tools. In banking, this means that a bank, digital bank, or e-wallet can offer third-party services to its customers through APIs and connect to pre-existing technologies or services from other service providers. There are 2 main types of banking…
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What is an ACH payment? and What is a bank CD?
The acronym “ACH” stands for the English term “Automated Clearing House” and means in German “automated clearing house”. This network comes from the USA and has been active there since the 1970s. It verifies and carries out electronic payment transactions, for example by bank transfer or direct debit . This gives an additional security factor and therefore makes ACH transactions…
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What is investment banking?
In most large corporations, investment bankers help manage the finances. Whether a company is issuing equity, developing cutting-edge technology, or looking to finance a business expansion or other major investment, investment bankers provide the services and support to make it happen. This article explains critically what investment banking entails and how it works. As you read this article, you…
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Have a business plan and business plan drawn up
The term business plan comes from the English and stands for business plan. Depending on what the purpose of the business plan is, the scope of a business plan is between 10 and 50 pages. The business plan describes a business opportunity, an idea and the necessary measures for successful implementation. Within the description of measures, it…
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These are the best banks in the world
The magazine “Euro social fiscal” has chosen the best banks in various categories. In addition to key figures, information from insiders and experts was also included in the evaluation. Deutsche Bank is among the winners. The US magazine “Global Finance” scrutinized banks in 136 countries for its ranking of the best banks in 2012. The rating included…
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Sustainable investments on the way to mass production?
In 2021, the EU Commission and Parliament opened the door to green financial transformation for investors. What can investors expect who are supposed to save the world with their euros – especially since it is not always possible to distinguish between “green sheep” and “black sheep”? “Green” investments are in trend. Thanks to the regulatory measures…
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These are the biggest compliance tasks for banks
What are the biggest tasks and problems for banks when it comes to compliance? A recent study sheds light on this. It is also about the question of whether state regulations are slowing down the change – or perhaps sometimes promoting it. Regulatory requirements, regulation and compliance are perceived as a burden by most banks and savings…
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Four future topics for more profitability of the banks
According to a study, German credit institutions were able to stop the decline in their returns. However, there are still major structural challenges that need to be tackled quickly. Four future issues deserve special attention. Numerous trends and developments are of overriding strategic importance for banks and savings banks. In the Bank Blog you will find studies on…