One of the most expensive events in daily life is a funeral. Today, the average funeral can run between $5 000 to $12 000 just to cover the cost of mortuary and cemetery fees. While many people have life insurance policies through their employer or their financial adviser, most people […]
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Types of Financial Advisory Services Available in the Market
Investment opportunities are tempting, even more so because of financial advisory platforms that aid in reaping high ROI. Individuals as well as corporate investors should be aware of the financial products and services available for them to maximize their scope of returns. Here is a guide to understanding the basic […]
IRS Urges Foreign Banks to Share Financial Information
Banc De Binary takes a look at the Internal Revenue Service's decision to impose a 30% penalty on non-compliant foreign banks. Teaser US Citizens with Overseas Accounts Brace for the Worst! The IRS will soon be taking a much closer look at the foreign account holdings of US citizens. The […]
Top MBA Specializations in the field of Financial Management
So, you want to pursue an MBA and manage top business organizations! Being one of the most sought after career options in the modern and fast growing Indian economy, MBA is certainly the way to go for the talented and disciplined students who have what it takes to make business […]
The Importance of Employing a Professional Independent Financial Advisor
When it comes to making informed decisions surrounding your personal finances, it makes sense to employ the services of a professional independent financial advisor to ensure that you receive advice which allows you to reach your financial goals, regardless of what they may be. Of course, those not familiar with […]
Why Women Are More Inclined to Long-term Financial Planning
Such is the difference of men and women in every aspect of life that we can think of. When it comes to finance, men and women are different. In fact, women are way behind men in terms of advanced knowledge on finances, especially with regard to stocks and the like. […]
Pros and cons of obtaining offshore bank license
In a broad sense, offshores are territories with the most favorable conditions for doing business. These spaces received this name because most offshore companies are island states, but not all of them. A banking business registered in an offshore zone can become an effective tool for comfortable and safe entrepreneurship. […]
What are the different types of cyber crimes that are available?
Technology has brought forth many benefits and advancements. However, it still has its downsides. For instance, it has paved the way for the existence of many cyber crimes. These cyber crimes are currently growing in prevalence and sophistication. Also, the cost of preventing them is becoming high. In this article, […]
The Future of Banking: Unleashing the Power of Mobile Banking Software
Key Takeaways: Mobile banking has evolved significantly, fueled by technological advancements and smartphone adoption. Advancements in technology have enhanced mobile banking through features like biometric authentication and AI-powered chatbots. Mobile banking offers convenience, enhanced security, and seamless integration with other financial apps. The future of mobile banking will involve innovative […]
Steps in a SIP calculator for implementing SIP mutual fund investment
A SIP calculator is a useful tool that helps investors estimate the potential returns on their mutual fund investment through SIP. The SIP return calculator uses certain inputs such as the investment amount, tenure, expected rate of return, and frequency of investment to provide an estimate of the future value […]
Breaking Down Barriers – How Fintech Apps Are Changing the Game
Breaking down barriers means removing obstacles that prevent progress or access to something. These barriers can be social, economic, or physical. Fintech apps are tearing down barriers in the financial sector by making it easier for retail investors to invest in private markets. This allows people to diversify their portfolios […]
The Digital Detective: Unmasking Fake Identities in the Cyber World
The damages from fake identity and identity spoofing are in the billions of dollars, and they are rising faster than any other type of identity fraud. Identity thieves who use fake ID for online verification are skillful and well-informed. To construct a new identity, they combine actual and made-up information. […]