Money Transfer Work

WHO ARE FINTECH USERS?

As FinTech is the widely used word in the modern financial systems, its usage has also a remarkable impact on businesses, banks, consumers and clients. Most of the FinTech technologies like online banking, digital bill payments, money transfers, digital wallet systems, etc can be used by both big and small organizations as well as individuals. […]

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TOP FIVE CRYPTO CURRENCIES:

Cryptocurrency is a term used for virtual or digital money in the form of tokens or coins. Additionally, the field of cryptocurrencies is always expanding because the next great digital currencies are introduced every next day. Despite this, many other cryptocurrencies have managed to possess the top ranks. Bitcoin is the very first cryptocurrency introduced […]

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IMPACT OF MONETARY POLICY ON REMITTANCES

WHAT IS FINANCIAL TECHNOLOGY?

Financial technology means the new technology that aims to improve the delivery and use of financial services. ​​​A short term “FinTech” is commonly used. FinTech is used to help businesses as well as consumers to better manage their financial operations. In FinTech, specialized software and algorithms are used on computers and especially smartphones. FinTech is widely […]

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WHAT ARE SECURITY THREATS RELATED TO BANK ACCOUNTS?

It is true that services provided by banks such as bank accounts are widely helping people to keep their money in good hands. Different bank accounts provide different opportunities such as saving, protecting money, digital money, investment, etc.  Without bank accounts, things regarding keeping money safe and make the good use of money will be […]

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ARE REGULATIONS GOOD FOR ECONOMY in money

TIPS TO MANAGE PERSONAL FINANCES:

Personal finances simply mean your money and assets and how to manage it wisely. It includes managing your money, saving and investment plans in order to secure your financial future. Your money and assets are obviously important to you and wise decision making are important. The decisions you make today are going to impact your […]

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HOW TO ELIMINATE CORRUPTION

FinTech AND SECURITY:

Financial technology, commonly known as FinTech, has emerged as the technological innovation in the finance sector. FinTech has changed the ways of financial activities and has made them easier and convenient. Many other opportunities like trading, online shopping and selling, online transactions, money transfer, and investment opportunities are introduced in this field. For banks as […]

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HOW CURRENCY DEVALUATION DAMAGES THE ECONOMY

HOW FinTech IS REGULATED?

The FinTech emerged with both good and bad impacts. For all the technological advancement, security threats are the foremost concern as it can impact the users crucially. Financial services area is a heavily regulated field in the world. The concern is global.  Not surprising to know because regulations on the working sectors of the economy […]

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FINTECH STARTUPS AND SUCCESS:

Fintech startups have globally impacted financial activities. The statistics of its success has gone to remarkable heights. For example, in 2016 Fintech startups received $17.4 billion funding. Similar reports showed that there were 39 VC-backed fintech unicorns worth $147.37 billion by the end of 2018. Among all the leading countries, North America possesses the highest […]

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DISADVANTAGES OF FREE TRADE

EXPANSION OF FINTECH:

If we look at the emerging advances in the way finances are used and controlled, traditional ways of banking, spending, saving, money transfer, and payments seem much more complicated and difficult. The difference is more use of human labour and large machinery. Fintech that is known as the most influential innovation in the field of […]

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CREDIT CARD AND ITS TYPES:

A credit card is basically a thin rectangular slab of plastic. Generally, these cards are issued by financial companies like bank to allow cardholders borrow funds to pay for the purchasing of goods and services. With a credit card you can perform your payments easily. It is also important to know that by using credit […]

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WHAT IS MONEY ORDER?

A money order is usually issued by governments and financial institutions like banks. Money orders come in the form of certificates backed by cash. The history writes that money orders were first issued by American Express in 1882. Later, these money orders were popularized as traveler’s check. These money orders can be found at post […]

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Benefit Card

TWO SPECIAL CONSIDERATIONS REGARDING REMITTANCES:

The funds sent by foreign workers to their home country are named as remittances. These remittances are important to the economic growth of a country. That is why the greatest remittance receiving countries tend to formulate new policies in order to boost and secure the remittances. In order to know the importance of remittances, we […]

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economic policy

COMMON PERSONAL FINANCIAL MISTAKES:

Your personal finance is basically the management of your income and expenses according to your needs and income capacity. You must understand that it is important for you to be fair with your income to avoid any financial problems in future. It is very common for people to be trapped in huge losses because of […]

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PayPal:

PayPal is the first known and used digital wallet all around the world. This excellent digital wallet system was established in 1998 and went public in 2002. A quick response from it came from eBay and within a short period of time, eBay purchased it. It became a huge moneymaker in 2015. Services: PayPal has […]

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IMPORTANCE OF FINANCIAL LITERACY:

Financial literacy is simply being aware of how to use your finances such as income and other assets. Financial literacy nowadays is grabbing the attention of people of all ages because money has become so much important for survival. For the reason that the world has become extraordinary competitive in terms of economy, every individual […]

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