Money News
|
London -
Challenger banks built on modern technology are continuing to grow in popularity; and customer expectations are rising. However, these financial institutions raise issues of identity verification. Tim Bedard from OneSpan highlights the significance.
|
|
Men or women: who are fares better with money matters? New data pertaining shows that it’s men. This comes from a survey undertaken by STASH, who produce a consumer investment app. The survey marks financial literacy month.
|
|
A new universal basic income scheme is to be piloted in South Korea, where 170,000 young people (aged twenty-four) will be given the equivalent of $833 with very few conditions attached. The scheme also aims to boost local businesses.
|
|
‘Happy’ is a subjective concept, but there are factors that can combine to improve quality of live. To mark the forthcoming International Day of Happiness (March 20), WalletHub have released a new study.
|
|
By AFP
Monrovia -
Five once senior figures at the Liberian Central Bank, including the son of long-serving former president Ellen Johnson Sirleaf, were charged Monday with criminal conspiracy and "economic sabotage" following a probe into a banknote printing scandal.
|
|
Financial inclusion is on the rise globally as 69 percent of adults – 3.8 billion people – now have a bank account or mobile money provider. Key to achieving this have been fintechs, according to Steve Smith of Finicity
|
|
Despite technological advances on mobile devices and mobile applications, there are still a wide variety of consumers who want to avoid the bank or credit card interaction and use electronic cash. Danny Shader, PayNearMe, explains why.
|
|
Gangtok -
A small state in India is to embark on an economic experiment by introducing universal basic income. While the state of Sikkim is small, the concept is attracting global interest.
|
|
The global economy may only now be showing signs of waking from it post 2008 slumber, but The number of people classed as 'super-rich' continues to grow.
|
|
Dr. Nick Almond, a professor in the U.K., believes that the adoption and acceptance of cryptocurrency will come through a crypto lottery. He explains why would the game that is as old as time will help crypto become accepted.
|
|
Hoboken -
The company LendEDU has just released the results of its survey of 1,001 student loan borrowers and their thoughts on changes to the student debt bankruptcy policy, in the U.S. A research analyst provides an oversight.
|
|
A new report looks at data-driven global insurance technology trends and charts record investment from both financial investors and reinsurers in these emerging technologies.
|
|
Cambridge -
A Bitcoin crash would probably derail other cryptocurrencies, according to new research. However, more traditional markets would be relatively insulated from a sharp devaluation.
|
|
Personal finance is on the top of many people’s minds. While the digital era provides more opportunities for investment, making the wrong choice can be costly. Wealthsimple Dave Nugent, Head of Investments, gives some advice.
|
|
Snapsheet, a leading provider of claims technology, has partnered with KeyBank, to launch Snapsheet Transactions, a payment solution for insurance claims. To learn more about the platform we spoke with Alex Meisner, director of innovation at Snapsheet.
|
|
By AFP
Kiev -
Ukraine said on Friday it was banning a new Russian banknote showing an image of the Crimean peninsula that Moscow annexed in 2014.The announcement came one day after Russia unveiled a new note worth 200 rubles ($3.
|
|
Toronto -
Business analysts as reported by Huffington Post, to Business Weekly and Forbes have all noted the impact small business has made upon the economy.
|
|
Digital payments are now popular than cash as app-based methods become more widely supported. Every major mobile operating system now comes with a built-in payment provider. Adoption amongst banks and retailers is also on the rise.
|
|
Stockholm -
Sweden is on course to become the first cashless country. New figures about ATM machines reveals the country has the lowest proportion of cash dispensers in the developed world.
|
|
The digital cryptocurrency Bitcoin has broken records by reaching its highest value ever recorded. The price of a single coin surged past $2,000 today before climbing even higher to $2,100. The rise has been linked to changes in China and Japan.
|
|
Oxford -
University of Oxford technologists have designed a prototype device designed to make contactless payments more secure. The device sends secret keys to encrypt information passed from a mobile device to a payment terminal.
|
|
By AFP
Caracas -
Venezuelan President Nicolas Maduro on Sunday named a lawmaker as the country's new central bank chief, after reportedly pushing out the former head as the country struggles through a deep economic crisis.
|
|
By AFP
Caracas -
Inflation-stricken Venezuela released new bigger denomination banknotes Monday to stop citizens struggling with unwieldy wads of cash in an economic crisis.
|
|
London -
The U.K. recently launched a new bank note, valued at £5. The note is smaller and plastic based, replacing the old paper note. Vegans and religious groups have reacted angrily due to the note containing animal products.
|
|
By AFP
Sofia -
Bulgarian authorities said Tuesday they had seized a record amount of over 13 million euros' ($14.4 million) worth of counterfeit notes, most of them recovered by scuba divers in a reservoir.
|
|
London -
After centuries of paper-based bank notes, the U.K. will gradually introduce plastic notes. This begins in September 2016 with the £5 note. The notes are designed to be cleaner and stronger.
|
|
London -
The "Amon Carter" Flowing Hair Silver Dollar is the most valuable coin in the world and it has gone on display at a museum in London.
|
|
By AFP
Belgrade -
An elderly hermit living in a mud hut in the Serbian mountains inherited a fortune from her estranged husband in Australia -- but swiftly gave it all away to live off her meagre pension, local media reported.
|
|
By AFP
London -
William Shakespeare, the Great Fire of London and the Battle of Hastings will appear on British coins this year, marking major anniversaries in the country's history, The Royal Mint announced Friday.
|
|
Think of Wall Street, "dot coms," technology stocks — all big in the 1990s. But today? It would seem that most of the dollar billionaires of this era are no longer as wealthy.
|
apis-397754 apis-394851 apis-393408 apis-390212 apis-389611 apis-388397 apis-387836 apis-386140 apis-375886 apis-370876 apis-362139 apis-361578 apis-360551 apis-358416 apis-350423 apis-348033 apis-344047 apis-343675 apis-339820 apis-335574 apis-335187 apis-325753 apis-325289 apis-322108 apis-319819 apis-304027 apis-300956 apis-295709 apis-293735 apis-292725
Money Image
This is the "Douglas Money Equation" as formulated by Major C.H. Douglas (1879-1952).
10 dollar bill YoavShapira
'Nemo' ties again. Box Office Mojo
Traders work on the floor of the New York Stock Exchange With the permission by Reuters / Brendan McDermid
Novelties at the UN: cash only, please!
Bank robbers begin throwing money out the their vehicle as they are pursued by police. Screen Capture
A view of Canadian money KittyCanuck
Car keys laying on U.S. currency
|
|
