Banking Category
Banking is a critical financial service industry that facilitates monetary transactions, savings, loans, and investment products for individuals and businesses. It primarily includes commercial banks, investment banks, credit unions, and savings institutions, all regulated by governmental agencies such as the Federal Reserve in the United States or the European Central Bank in Europe. Modern banking relies heavily on digital platforms and fintech innovations to enhance customer experience, security, and transaction speed. Key banking services include deposit accounts, credit services, wealth management, and payment processing systems.