Banking
How Banks Actually Make Money: A Clear Breakdown
Banks earn the spread between deposit and loan rates, add fee income, then absorb losses and payroll; FDIC data put the industry margin at 3.32 percent in…
Author
William Elliott
Independent editorial contributor covering finance, technology products and digital banking for VUGA Network publications.
Articles by William Elliott
Banking
How Deposit Insurance Protects Your Money When Banks Fail
The FDIC has paid every insured deposit since 1933. The $250,000 limit runs per bank and per ownership category, and the NCUA runs the same math for credit…
Banking
TD Bank Turns to Akoya to Power Secure Open Banking API Access
TD Bank U.S. will route app and aggregator connections through Akoya's Open Finance Solution, with onboarding starting in the fourth quarter.
Banking
Digital Bank Profitability: How Unit Economics Decide Whether a Digital Bank Survives
Acquisition spend, compliance overhead and per-account servicing costs decide whether a challenger bank reaches breakeven or keeps raising money.
Innovation
How Programmable Payments Work With Tokenized Deposits
Programmable payments attach rules to money, and tokenized deposits give those rules something safe to move. Here is how the two layers fit together.