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2 mins read

India’s largest bank bats for the government’s proposed cash handouts to farmers but says they must be unconditional

The annual cost of the cash transfer programme, excluding implementation costs, is pegged at ₹…

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4 mins read

TransferWise was just valued at $3.5 billion in a Silicon Valley-style deal that shows why Europe's tech scene is maturing fast

Adam Birnbaum, director of GP Bullhound, which is not invested in TransferWise, said: "It's an alte…

Shona Ghosh   


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3 mins read

Obama accuses media of 'manufacturing outrage' in lengthy rant on Iran deal

"You will recall that there were all these horror stories about how Iran was gonna cheat and this w…

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2 mins read

Customers asked to return $40 million after a bank glitch let them take out more money than they had, report says

An Ethiopian bank is scrambling to recover more than $40 million withdrawn or transferred by custom…

Polly Thompson   


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2 mins read

A 14-Digit Code On This Prepaid Debit Card Is Enabling A Troubling New Kind Of Fraud

For Dominican Republic immigrant Juan de los Santos, the scam began with a phone call from someone …

Corey Adwar   


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1 min read

Police resorted to guarding ATMs in Ireland after a glitch at the country's biggest bank let some people take out over $1,000 of cash they didn't have

Bank of Ireland apologized after a technical glitch let customers with no money in their accounts t…

Pete Syme   


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6 mins read

Explained: What is minimum income guarantee and how it may work?

Congress President Rahul Gandhi has promised to give the country’s poor a minimum amount of money f…

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2 mins read

A mobile network is reportedly depositing £1 million in cash a week at London Post Offices - and no one knows why

BuzzFeed News interviewed Post Office employees, who wished to remain anonymous, about Lycamobile's…

Max Slater-Robins   


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2 mins read

The Iran deal 'is nothing but a series of bribes': GOP reacts to news US sent $400 million to Iran

"Paying ransom to kidnappers puts Americans even more at risk," he said in a statement. "While Amer…

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2 mins read

Manchester United could be about to spend €100 million on a 23-year old Italian

If United goes ahead with the Verratti transfer, he could soon be joined by his PSG teammate Zlatan…

Matthew Nitch Smith   


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2 mins read

2 of America's biggest waste-management companies are joining forces in a $4.9 billion deal

Waste Management expects the deal, the largest in its history according to the Wall Street Journal,…

Theron Mohamed   


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4 mins read

The average US household spends $4,445 on grocery spending. Here's how many points that gets you with 3 popular credit cards

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…

Ariana Arghandewal   


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3 mins read

TransferWise just raised $26 million

TransferWise was founded in 2011 as a peer-to-peer money transfer platform. The platform would matc…

Oscar Williams-Grut   


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3 mins read

India may propose tax on cash withdrawals above ₹1 million in a year to promote digital transactions in the upcoming budget: Report

The tax could be anywhere between 3% to 5%, which would mean a tax of ₹30,000 to ₹50,000 if you …

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3 mins read

Dutch startup WeTransfer just raised $25 million to expand into the US

The company describes the new funding as a "milestone" - indeed, it's the first time it's ever rece…

Joshua Barrie