Fintech is spreading fast: in the United States, for example, almost one in two consumers in 2021 used a fintech product—primarily peer-to-peer payment products and nonbank money transfers. Fintechs also raised record capital in the second half of the 2010s: venture capital funding grew ...
What is a bank run? A bank run occurs when many customers rush to withdraw their money from a bank at the same time because they worry the bank may fail. Runs often start when concerns spread about a bank’s financial health, whether due to official communications from the bank, news re...
When it comes to business funding, the biggest hurdle most owners face is the application process. Not only is it painstaking, but you open up your business to financial scrutiny. Many lenders are, first and foremost, looking to partner with you, and approach your financial assessment from thi...
If you're in danger of bumping up against or exceeding the $250,000 limit at any one institution, consider spreading your money across multiple banks so that all of your funds are insured. » MORE: Learn how to insure more than $250,000 How to find out if your bank is FDIC insured...
Spread of the coronavirus has exposed troubling problems at fur farms and how we respond to outbreaks there.
Malicious insiders:These individuals intentionally exploit their access to steal data, sabotage systems, or leak confidential information. Motivations can range from financial gain to revenge or corporate espionage. For example, a disgruntled employee with access to critical systems might delete valuable da...
Refinancing your loan can give you the financial freedom to change your payments or reach financial goals. Refinancing to a loan with a lower interest rate than your current mortgage can reduce your monthly payments or allow you to borrow against your equity. What is refinancing and how can ...
Financial professionals swear bydiversificationfor many reasons. Spreading out the securities you invest in also spreads out your risk. If one security dips drastically, but others continue to gain traction, you might be able to avoid a margin call. ...
Fraud where an individual is impersonated to steal financial account and other PII. Deepfake technology can fuel unethical actions such as creating revenge porn, where women are disproportionately harmed. Raising awareness and educating people about deepfakes could erode trust in genuine videos, causing...
11 Top Sector ETFs to Buy These popular, affordable funds allow you to zero in on specific GICS sectors. Jeff ReevesMay 9, 2025 'VOO and Chill': Is the S&P 500 Enough? Managing risk through asset allocation instead has its advantages, especially for older investors nearing retirement. ...