banking systems
Money management networks
Banking systems are the interconnected networks of institutions, regulations, and infrastructure that handle money storage, transfer, and lending within an economy.
The term encompasses central banks, commercial banks, and the legal frameworks governing them: The banking system nearly collapsed during the financial crisis.
A country's banking system determines how credit flows through its economy and how monetary policy takes effect.
- mobile bankingWireless account management service
- checking accountBank deposit for transactions
- overdraft protectionBank-funded balance backup
- routing numberBank branch identifier code
- monetary policyCentral bank economic controls
clearinghouse · stress testing · financial regulation · credit union · too big to fail · blockchain · payment gateway · settlement · capital requirements · personal loan · mortgage loan · wire · digital wallet · ATM · direct deposit · transfers · deposits · liquidity
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- financeCFO, banks, controller, finance, treasurer
- modernizationdigitalization, digitization, computerization, mechanization, industrialization
- global financeinternational banking, financial hubs, central banks, capital flows, exchange rates
- RenaissanceLeonardo da Vinci, Michelangelo, Raphael, Botticelli, Mona Lisa
- interest ratesinterest rates, prime rate, interest, base rate, interest charge
banking systemsmattress money
Cash stored domestically
cash hoarding · self-custody · underground economy · loan sharking · shadow banking
banking systemscryptocurrency
Encrypted decentralized money
DeFi · Bitcoin · peer-to-peer lending · disintermediation · direct exchange
banking systemsbarter economy
Trade without money
gift economy · barter systems · cryptocurrency · direct trade · commodity exchange