As political tailwinds lift the crypto industry, Mastercard hopes to cash in on a bet it started years ago. The payments giant is looking to replicate its massive card network for the blockchain world to create a way for consumers, merchants, and financial institutions to transact digital assets. Doing so will require engineering leg work,
Personal loan: If you are planning to raise a personal loan from a bank or a non banking financial institutional (NBFC), it is vital to compare the interest rates charged by different institutions. Typically unsecured loans are given at fixed rates of interest. This means when a loan is taken at 11 percent interest rate, it will
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. The Department of Education provides money to local school districts. It spends billions of dollars on special education. But more than anything else? It operates like a bank. More than 40 million Americans are
More Americans than ever are dipping into their retirement prematurely, and experts warn it could have serious consequences on their finances later in life. A study by Vanguard that examined data from nearly 5 million people with retirement accounts, found a record 4.8 percent of account holders took hardship withdrawals from their 401(k) accounts in
Sabric has warned consumers of the rise in AI-powered banking scams after one South African was scammed out of R6 million. ronniechua / iStock Imagine getting a WhatsApp message from your bank. The logo is spot-on, the language is professional, and the person on the other end sounds exactly like a real bank employee. They
US President Donald Trump‘s tariff plans and refusal to rule out an economic downturn prolonged the ongoing volatility in US stock markets. ‘Look, we’re going to have disruption, but we’re OK with that,’ he said earlier this week on the Fox News show’ Sunday Morning Futures.’ These developments took a toll on investor confidence, reflected