Money
What is the Difference Between an Introducing Broker and an Affiliate?
Affiliates and introducing brokers are similar. Both provide customers with a way to gain access to specific services. While an affiliate can provide clients access to several types of good or services, an introducing broker is an agent or affiliate who introduces a customer to a broker service. In return for introducing a client to a broker, the introducing broker will generally receive a fee that is predetermined. Introducing brokers are usually paid a spread or portion of the commission...
Funny Money: Zopa rewrites outdated money idioms
● Developments in banking and financial technology will soon make money idioms such as ‘signing for the bill’ or ‘a penny for your thoughts’ a thing of the past ● Zopa, has given a modern-day twist to the top ten money phrases ● Zopa commissioned popular cartoonist Jonesy to bring the ideas to life with brilliant parodies● Each cartoon takes money-based idioms to the next level, illustrating humorously how different our lives could be as we become a digital society Zopa,...
The main types of financial frauds and how to avoid them
Financial fraud takes many forms and it can largely be defined as the intentional act of deceiving an individual, with respect to financial transactions, for the personal gain of the deceiver. Some financial frauds involve complicated schemes while others simply rely on identity theft or stealing information off a credit card during a regular ATM withdrawal. Avoiding some of the most common types of financial frauds requires a certain degree of skepticism to “get-rich-quick deals” or sharing personal and bank...
Banking management just as it should be – Ultra-modern comprehensive solutions
Today, a bank is responsible for a lot more that even a few years ago. The amount of different financial products being offered and the complex situations of their customers mean that the financial institutions need to be organised in a suitable manner. Comarch, one of the world leading software designers, is able to supply a solution that deals with all aspects of this problem - Comarch SME Banking is an ideal tool to bring cash flow management to a...
Here’s Why Your Company Needs To Calculate Net Present Value
Running a business organization comes with numerous responsibilities in order to ensure smooth operation. There are a number of business related terms that tend to play a crucial role in determining the success of any business. One such term that you need to evaluate is Net Present Value or NPV related to your business entity. To put into simple words, NPV can be ascertained by all the present values of cash flows involved, be it inflow or outflow. Furthermore, it...
Insurance Billionaire Goes Into Asset Management Using Artificial Intelligence
One of Hong Kong’s most successful businessmen, Calvin Lo, who’s massive far-reaching business has its fingers in industries as diverse as insurance, pulp and paper, real estate and wineries, has expanded his business into asset management. Calvin Lo, Founder of R.E. Lee Capital. (Forbes) The ultra-secretive billionaire, Lo, formed R.E. Lee Capital as a provider of tailored investment services for ultra high net worth individuals and business families in Asia, who are increasingly looking at global emerging technologies to manage,...
Can American bettors save falling profits of UK bookies?
Stricter advertising rules and FOBT bet changes are expected to hurt the profits of major UK sportsbooks. Find out how the US gambling market could help. UK sports brands are betting on Americans to redeem falling profits – here’s why Over the past decade, popular UK betting brands have enjoyed handsome profit by advertising to sports spectators. Marketing has extended beyond sponsorship deals that feature brand logos on major football league shirts and in stadiums, and has also included television...
Six things you need to know about lease extensions
Whether you currently own a property with a short lease or you are looking into purchasing, understanding lease extensions is key. The process is not always simple; however, you might be surprised at some of the rights that are granted to all leaseholders. Here we look at six things that you need to be aware of. Your lease might not affect you – but it will affect the value of your property Some homeowners and buyers get confused by the...
When to Take a Business Loan
As a businessperson, you likely are keen on managing risks and maintaining a steady flow of income. So, it’s only reasonable to want to find out whether it is a good idea to take a business loan, or not. Well, in an ideal world, you’d never really need a loan – but in the real world, you will encounter a range of responsibilities that will require you to have funds, which may not be at your disposal. In such cases,...