A Payment App Balance Is Not Automatically a Bank Deposit
The number inside a payment app does not explain where the money is held or what protects it. For U.S. users, checking the account arrangement matters more than a familiar logo.
-
-
Banking at the Center of Modern Finance and Markets
Banking remains the backbone of finance and markets, connecting savers, borrowers, businesses, and governments through credit, payments, and risk management. Understanding how banks operate helps explain market liquidity, interest rates, economic growth, and financial stability.
