US shut down two more banks on Friday. So, now the number of bank failures has raised so far this year to 23. The first bank was Cape Fear Bank in Wilmington, N.C., the first North Carolina bank to fail in nearly 16 years. The other bank was New Frontier Bank of Greeley, Colo., the […]
Corruption: Swiss Banks To Reveal Secret Accounts
Nigerians with secret Swiss bank accounts may have to look elsewhere to stash their loot as previously inaccessible accounts in Switzerland are to be turned over to the American Government. This followed an agreement by UBS, a Swiss bank, to pay $780 million and hand in secret Swiss bank records to settle allegations […]
Banker-Turned-Monk Draws Lessons from Wall Street Crisis
A former Nasdaq trader who abandoned Wall Street for a Bulgarian monastery believes the current crisis should cause financiers to focus on what’s really important in life. Worldly Crisis, Spiritual Lessons As the financial crisis threatens thousands of jobs on Wall Street and across the country, some professionals may find answers in the story […]
Recognizing the Contribution of Regular Blood Donors on World Blood Donor Day
Blood donation is a charity. There are so many people who are donating their blood for other people. Just think about a situation where you are badly in need of particular group of blood. You will definitely search for person with the same blood group. So in order to promote and attract people towards […]
Online Banking: Security Issues for Online Payment Services
Online Banking Online banking allows customers or users to conduct financial transactions on a secure website operated by their banks, credit unions or building societies. Online banking has grown rapidly using today’s computer technology thereby providing the option of online payment bypassing the time-consuming, traditional banking in order to manage the finances more quickly and […]
Big data lending itself to identity theft?
Thirteen million people in the United States are victims of identity theft every single year and the growing use of social media, followed by the advances in digital technology, has made it all the more possible for cases of identity theft to pop up like mushrooms. We put more than we mean to on the […]
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