Tag Archives: Money

12Dec/16

The Fed explained

The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase. Here’s a look at the U.S. Federal Reserve’s decision-making process. Travis Hartman reports. Continue reading

22Nov/16

Wall St rises; Dow above 19,000 for first time

U.S. stocks extend their post-U.S. election rise with moderate gains that push the Dow above 19,000 and the three major indexes to record closing levels for a second straight day.

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08Nov/16

Banks gird for tumult after election

Global banks expect trading volumes and volatility to spike after the U.S. presidential election, so they’re boosting staff and taking precaution. Fred Katayama reports. Continue reading

31Oct/16

China plans social credit system to monitor every citizen

China plans to implement a social credit system that uses big data to monitor the behavior of citizens.
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23Sep/16

ProBASE Limited nominated for the African FinTech Awards 2016

PRESS RELEASE, (ProBASE) – ProBASE has been nominated for the 2016 Africa Fintech Awards. The winner of the award will be announced at the Finance Indaba to be held at the Sandton Convention Centre on October 13 in South Africa.
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17Sep/16

Millennials say ‘no’ to debt

Millennials shun any kind of debt, especially credit cards, and their reluctance to pull out the plastic could have lasting repercussions for the financial system and the economy, according to an expert.

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08Aug/16

UK consumer spending picks up in July, bucking signs of slowdown -Visa

British consumer spending picks up last month, according to a survey from card company Visa UK that bucked other signs Britons have become more cautious since June, when they voted to leave the European Union.
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29Jul/16

ATM skimming – how to spot ATM skimmers

This animation explains the practice of automatic teller machine (ATM) skimming, a common form of fraud that involves a compromised ATM that allows criminals to access bank accounts.
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07May/16
co-founder of digital currency operator Liberty Reserve, Arthur Budovsky

Digital currency firm co-founder gets 20 years in U.S. prison

The co-founder of digital currency operator Liberty Reserve, Arthur Budovsky, was sentenced to 20 years in prison for what prosecutors say was a money laundering operation of unprecedented size and scope.

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12Feb/16

Asia markets hit by worries over health of European banks

Asian shares take a battering as mounting worries about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdowns in China and other emerging markets.

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