India’s credit bureaus have long worked to raise awareness among borrowers especially as unsecured lending rises. With growing concern over financial literacy, the regulator aims to bust credit score myths and encourage responsible credit credit use. On the same issue, Rishabh Goel, Co-Founder and CEO, Credgenics believes that one should be careful with the myths…
The worrying rise of digital arrest scams in India has raised serious concerns among internet users and law enforcement agencies. These scammers exploit the fear of people, using advanced technology and sophisticated tactics to extort money or steal personal information. The article explores these scams and how you can protect yourself in today’s rapidly evolving…
When you apply for a loan, you are supposed to follow a long-drawn process that kicks off with background research and culminates into disbursal of money directly to your bank account. Everything else falls within this spectrum. Some applicants tend to get overwhelmed with the information available on public platforms. Meanwhile, one should at least…
The North Dakota Senate has passed a bill that regulates crypto ATMs while re-adding a provision capping daily transactions at $2,000 per user that was originally dropped by the state’s House. The state’s Senate passed House Bill 1447 in a 45-to-1 vote on March 18. The bill was introduced to the state’s legislative assembly on…
We look at banks as safekeepers of our money, which they are. The banking system in India is generally robust. As long as you keep your money with a leading bank, your money is safe. However, on paper, your money is safe up to ₹5 lakh per bank, which is known as deposit insurance. This…
South Carolina Senator Tim Scott, the leader of the US Senate Banking Committee, plans to introduce a bill on March 6 to end regulatory oversight of customer reputational risks toward banks, paving the way for an end to a discriminatory practice known as “debanking,” according to a report from The Wall Street Journal. Debanking is…
Opinion by: Simon McLoughlin, CEO at Uphold 2021 witnessed a fintech investment boom, with startups raising approximately $229 billion globally. Higher interest rates and tighter economic circumstances have since tempered that exuberance, but funds continue to pile into the sector. Indeed, the global fintech sector is expected to see a rebound in investment activity throughout…
On its newly released roadmap, the pseudonymous founder of the Telegram-based game Farm Frens, known as Kaizen, said that they will relaunch on the LINE messenger app as the “Season 2 with major improvements” after experiencing trouble on the token generation event (TGE) of $FREN. The launch of Farm Frens on LINE will happen in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure It may not have made it into the crypto reserve – as per US President Donald Trump’s executive order, that honor went to Bitcoin alone – but made-in-the-USA altcoin Ripple ($XRP) did make it into the US Digital Assets Stockpile. And only…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The latest weekly crypto asset fund flows report from CoinShares shows a significant turnaround in sentiment. According to the European digital asset manager, crypto investment products recorded $644 million in inflows last week, ending a five-week streak of outflows. This recovery follows…
