Open Banking refers to the idea of giving consumers more control of their financial data. This primarily takes the …
What Is An Investment?
An investment is something that one buys, in the hope that that item will bring a financial return. That financial return would…
What Is The Record Date?
The record date is normally one day after the ex-dividend date. It is set by the company that pays …
What Is Ex-Dividend Date?
The ex-dividend date is a term that is related to the payment of dividends. It can also be referred …
What Is A Limit Order?
You are likely to encounter the term limit order when selling or buying stocks through a brokerage app. When …
What Are Savings Accounts?
A savings account is almost like any bank account. The difference is that the bank pays interest on the …
What is Fintech?
Fintech is a word you will probably be hearing a lot these days. Especially if you are consuming any …
What is a Dividend?
A dividend is a cash amount paid out to an owner of a share in a company. Companies sell …
What Are Stocks?
Stocks, also known as shares and equity, are units of a company. Imagine a pie being divided into a …
What Is Compound Interest?
Compound interest is interest on the interest of the initial borrowed or deposited amount. Confusing gibberish, right? For example: …
What is an IBAN?
IBAN stands for International Bank Account Number. Its length and structure has been internationally agreed, and revised several times …
What Is Interbank Rate?
Also known as Market Rate, Mid-Market Rate & Spot Rate If you have ever checked the current exchange rate …