Online banks operate without branches. They tend to pay higher rates and charge lower fees than traditional banks. Many, or all, of the products featured on this page are from our advertising partners ...

Banking market definitions are used in connection with applications to evaluate effects on competition in local banking markets. The policy of the Economic Research Group and the Supervision + Credit ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. An offshore banking unit (OBU) is a bank shell branch, located in another international ...

It may be hard to know the difference between Socialism and Communism for some. I think the same dilemma exists between Open Banking and Platform Banking definitions – as both sound very similar but ...

Bank holding companies are corporations that own controlling interests in one or more banks and manage their operations. Advantages of a bank holding company can include reduced overall risk and ...

A bank failure is the closure of a bank by a regulator when it doesn’t have enough money to operate. Many, or all, of the products featured on this page are from our advertising partners who ...

Are you looking for a bank that offers minimal fees and a competitive interest rate? Do you value convenience and efficiency over face-to-face customer service? If so, an online bank might be for you.