Mobile banking is on the rise in the United States. According to a survey by Mercatus, a third of consumers either plan to use, or will use mobile banking in the upcoming year. With the use of smart phones customers are able to pay bills, check...
Wall Street investors and industry experts were besieged after the brief 1000 points plunge on Thursday which recalled the 2008 scenario. Although the fall down recovered the same day, it led to signs of anxiety in the industry relating to the...
Unauthorized access to a company’s IT systems and exposure of confidential data worth billions is more daunting in comparison to real monetary theft. Research firms have reported a surge in the scope and sophistication level of data breaches and henc...
During the financial crisis, AIG, one of the largest insurers in the world, needed U.S. government’s help to stay solvent, while other insurers saw their stocks drop 70% or more in just a few months due to the uncertainty in the markets. In suc...
Severely shaken by the financial crisis, and the ongoing volatile equity markets, the Americans are now waking up to the need of planning their retirements. Since people now look for an early retirement and the fastest growing portion of the...
Santa Harry has gifts of taxes for Americans with a full proof planning for almost a number of years). Most of the numbers rolling from single digit billion to early double digit numbers are poised as taxes which ensures the benefit of insurers (...
It’s time to sit back and analyze your savings before spending for Christmas Celebrations. Looking at the current economic scenario, money is the “new religion” for most of Americans. 2009 is ready to step out of calendars and it is the right time to...
We always have an optimistic attitude towards the time gone by, especially dates which would not roll back, and months and years that will become part of memory, but walking off 2009 will not be that easy for the financial industry. The time gone by...
In changing economic and global situations, Dubai crisis stresses on geographical diversification across borders. It also reinforces how rather than just treating geographical diversification as an asset allocation strategy, one actually needs to...
Behind the curtain of cost reduction and improved customer services, shared services are emerging as a nouveau business model. Though existing in financial services industry in diverse forms, shared services are gradually translating into an effectiv...
