by Brent Farley | Nov 11, 2023 | Banking
This is the second article in our series on utilizing what banks can do. Last month, we made some notes and comments on some of the basic things that banks do. We then took a deeper dive into deposits, lending, and the primary functions of banks. This month, we want...
by Brent Farley | Nov 7, 2023 | Banking
Banks can take deposits, and while all depository institutions can – no one else can, at least not in the United States. One of the ways that taking deposits can provide additional is that a bank has the power to grant customers access to credit and certainty of...
by Brent Farley | Oct 18, 2023 | Banking
What can banks do? This may sound like a simple question, but it’s an important one – and it’s a powerful one. Answer: Banks can take deposits and they can make loans. Sounds obvious, but if we dig a little further, we can see that there’s a...
by Brent Farley | Sep 12, 2023 | Banking
Hi, I’m Brent Farley, the managing member of Farley Law. We do work for banks and financial institutions, especially in developing new products and services. Today I want to talk to you about Embedded Payment Advances. According to Forbes, the embedded payments...