The Time Value of Money is a fundamental financial concept. According to this theory, money has more value in the present than in the future. One of the most important reasons is that money can expand if we invest it. However, investing later results in a loss of opportunity cost. If we think about it …
Paper currency has been part of human civilization for a very long time. Although transaction technology has advanced, most countries still circulate a sizable amount of paper cash. Electronic transactions technology proven unexpectedly resilient despite significant and ongoing technological advancements, even though its primary applications appear to be hidden in the global black market and …
An e-wallet is a form of an electronic card that is used for online transactions using a computer or a smartphone. It serves the same purpose as a credit or debit card. To make payments, an E-wallet must be linked to the individual’s bank account. While in-app micro purchasing is the purchase of products and …
Why In-app Micro & e-Wallet Payments Will Become Mainstream? Read More »
Intelligent Automation (IA) continues to alter corporate operations throughout industries, from freeing up personnel to scaling operations – and Financial Services are no exception. Artificial intelligence (AI) is gaining popularity as businesses investigate the potential for increased income, customer service, efficiency, and risk management. Because of their early embrace of Robotic Process Automation (RPA), the …
Automation Will Take over More Financial Services Read More »
The initial public offering is known as an IPO. IPOs are a way for an organization to go public, list itself on stock exchanges, and sell shares to raise capital. This is the process of transforming a privately held company into a publicly traded company by introducing its shares to the public for the first …
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Tokenization is a buzzword these days in the payments and fintech industry thanks to the increased focus on online payment systems. In the simplest of terms, it secures sensitive credit card data by adding an extra security level. What is Tokenization? It is the process of securing sensitive information by converting it into an algorithmically …
The stock market acts as a highly relevant market sentiment indicator and can impact the GDP (gross domestic product) of a country very strongly. GDP is the measure of the output of all services and goods in an economy. With a change in the stock market prices, the economic sentiment also changes and it ultimately …
How much does the stock market impact on a country reflect the economy of that country? Read More »
Digital currency is a form of currency that is available to users only in electronic or digital form. It is also commonly known as digital money, electronic currency, electronic money, or cyber cash. These are accessible only via mobile phones or computers as their existence is only in electronic form. Digital currencies are known for …
Market regulators and other legal provisions guarantee certain rights to mutual fund investors. This short list summarizes these rights: Redemption, Dividend Payout, & Bonus Within ten working days, all investors have the right to receive redemption instructions. Interest is payable to the investor at a rate of 15% per annum from the date of expiration …
Various currencies are held by the central bank of a country as foreign exchange reserves. Foreign reserves alike are also known as foreign exchange reserves. A bank holds reserves for seven reasons. However, managing the currency value is the main reason. How Foreign Exchange Reserves Work? Foreign currency is deposited into the banks of the …
Why Does A Country Need to Keep Sufficient Foreign Exchange? Read More »