The Apple bank is getting its own account.It’s a move that will bring Apple bank more in line with the banks and companies that are working on their own mobile banking apps.Apple’s banking app, Apple Pay, has been available in the US for a few years now.Apple has been making its own bank apps available […]
A community bank in Colombia has gone bust after a consortium of banks in the country failed to meet their financial obligations.Key points:The consortium, the largest in the world, collapsed amid the financial crisisThe bank’s debts totalled US$4bnCommunity bank had to close after it had been hit by a massive cash crunchCommunity bank head Jose […]