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The Latest U.S Jobs Data Highlights Interesting Performance In August

The latest jobs data released on Friday last week brought a glimmer of hope considering that the past few months have been heavily affected...

Australia’s Economy Plunges into Recession due to Covid-19

For the first time in 28 years, Australia’s economy plunged into recession due to the Covid-19 pandemic. Australian Gross Domestic Product fell 7 percent for...

Binance Exchange Partners With Oasis Labs On Intelligence Sharing Platform To Curb Crypto Fraud

Binance and Oasis Labs have launched a platform that will facilitate the sharing of intelligence among exchanges. The largest crypto exchange in the world...

Federal Reserve Might Announce a Major Policy Shift for a Broader Economy

Federal Reserve Chairman Jerome Powell said that they are willing to run higher inflation to support the pandemic hit labor market and the broader...

How Central Bank Digital Currencies can Offer a Path for Bitcoin and Libra

Central banks around the world are making their own versions of digital currencies paving a way for Bitcoin and Libra, according to recent news. Both...

How Investing $5 a Day Can Get you to Millionaire Status in 40 Years

It seems like a far-fetched dream, but you can truly make $1million in 40 years from saving $5 a day. Becoming a millionaire is...

Cryptocurrency Savings Account: How this can Disrupt the Banking System?

Cryptocurrency payment startup Wyre announced that they will launch new savings account for the investors, reported by Coindesk. The announcement came this Friday when the...

Are We Moving Towards an Eco-Friendly Credit Card Lifestyle?

Debit card and Credit card providers are joining the eco-friendly card production movement to replace the traditional plastic cards. MasterCard, one of the largest credit...

Thermo Fisher loses $12.5B deal for Qiagen

Thermo Fisher & Qiagen: Where Covid-19 had devastating impacts on many of the gigantic industries, it had also benefitted some of the lucky ones....

Blockchain and Cryptocurrencies: How it Works (For Beginners)

Have you heard a friend mention Bitcoin, seen graphs on Cryptocurrencies or read that “the blockchain” is going to change the world as we...

Crypto in 2021 and Beyond: The Star That Keeps Shining

Cryptocurrency is a thriving space, steadily encroaching on the territory of conventional finance. Over just the last five years, its users and transactions have...

Inside the Future Bank; Industry Predictions and Lessons from the World’s Best Banking Institutions

There’s a real fear in banking that the industry is headed for turbulent waters, with some experts even warning that the banking institution, as...

Gold Prices Surge: Is It Time To Invest?

Gold prices surged past the $2000 per ounce threshold on Tuesday (August 4) for the first time reaching a peak of $2020 per ounce. The...

HSBC Profits Plunge Amid COVID-19, US-China Tensions

HSBC profits plummeted for the first half of the year following the Covid-19 pandemic and geopolitical risks like the deteriorating US-China relations. HSBC Holdings PLC...

Leadership In The Time Of Coronavirus: COVID-19 Response And Implications For Banks

The devastating impact of the Covid-19 crisis on every-day life and health has carried a thoroughly disruptive economic fallout. Economists cannot revise their projections...

Ex-Malaysian PM Najib Razak gets 12-year jail term over 1MDB scandal

Former Malaysian Prime Minister Najib Razak was recently sentenced to a 12-year concurrent jail term for his involvement in the multi-billion dollar 1MDB corruption...

Goldman Sachs agrees to pay Malaysia $3.2 billion over 1MDB scandal

American investment bank Goldman Sachs announced Friday it has reached a $3.2 billion settlement with the Malaysian government for its role in the multi-billion...

How Covid-19 is Accelerating the Shift to a Cashless Society

At the peak of the coronavirus pandemic, banks and other financial institutions that handle liquid cash began disinfecting and quarantining banknotes. The aim? To...

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