Bank War

customer. What kept me away was the copy “time to unbank yourself”, it was a misleading catchphrase. Unbanked are the ones who are not served by a bank or similar financial institution. I surely did not want to be unbanked, so I stayed banked until one day a friend of mine walked me through her experience. It became clear that CBA Loop is a form of a digital bank which targets millennials and people who dislike the exhausting banking hall experience (I am one of them) and not completely about…

The Fair Credit Reporting Act (FCRA) was created by the federal government to determine how your credit information is handled. It affects the ways that credit reporting agencies protect your information. In addition, the FCRA requires these agencies to provide you with information about your credit record so that you can make sure that it is accurate. Protecting Your Credit With the Fair Credit Reporting Act, you are legally allowed free copies of your credit reports from the three largest…

You may be curious about our service, and it's easy to understand why. So allow us to answer the question: "What happens in the bail bonds process? 1.A person is arrested and taken to the police station where they are booked. 2.Next, they are put into a holding area with other detainees. Here, they wait for their initial court appearance. (usually within 48 hours). 3.At this time the judge can set a bond amount and future trial date. 4.The bond is set as an initiative for the inmate to show up…

they accumulated. Banks bundled up the mortgages into Mortgage backed securities without further assurance of what they are doing is right or not. Issuers of mortgage backed securities made false claims about their assets and created frauds when selling them to clients and others. Profits were made so why stop? The amount of wealth given to the financial institutions persuaded their originators to keep up the good work. Fees were crucial in the mortgage business, it’s the way banks and others…

compliance issues since the introduction of GST! A lot of Micro business owners find it quite challenging keeping track of all their Tax Invoices. Prior to GST most bookkeeping entries were coded to the correct expense account straight from the Business Bank Statement, but now it is necessary to refer to your Tax Invoices when recording your expenses in your Accounting Software Program. Setting up a system to keep track of your Tax Invoices is essential. Bookkeeping solutions can be as simple…

he problem Bear Stearns under the auspices of two hedge funds through its subsidiary, Bear Stearns Asset Management. The main fund, the structural fund high-quality credit strategies, and consists of a complex Derivatives backed by mortgages. During most of his life was very profitable but also The housing market began to stutter in late 2006 suffered returns. It has been collected in this fund 35 His times the money invested. With the deterioration of the proceeds of the two funds market sank.…

Financial Risk Analysis In addition, ABC Community Banks financial risks include market, credit and liquidity risks. Interest rate risk, a byproduct of market risk, occurs when the U.S. Federal Reserve alters interest rates (Elliott, 2012). Consequently, as rates increase the profit margin earned by ABC Community Bank decreases, negatively affecting the company’s net income and balance sheet (Investopedia, 2015a). Depending on ABC Community Banks reserves, the impact of interest rate changes…

There are many disadvantages of being a brick and mortar agency in today’s technology driven marketplace. One of the main disadvantages is how much more money it costs a brick and mortar store to operate versus an online company. Operating costs such as rent, utilities, employee wages, and startup costs are substantially higher for the brick and mortar store. Rent can range anywhere from twelve to forty plus dollars a square foot according to smallbusiness.com. Depending on the location, whether…

Business 4000 Legal Risk Management Plan: Shopify Jordan Loder (201213535), Shangqing Hao (201350881), Sichong Liu (201450079) August 4, 2016 Shopify is an e-commerce company with offices in Ottawa, Toronto, Waterloo and Montreal (Shopify, n.d.a). According to their website, their mission is to “make commerce better for everyone” (Shopify, n.d.b), something they aim to achieve by offering a variety of ways that users can sell their products including with an online store, point of sale, a "buy…

log in into different merchants by using the same password and two-factor authentication. With this, it helps people to save their bank account. This is used in a web site (merchant) when it needs to securely identify its users. Overall the user need to enter their SSN (Social security number), a password, and at the end a one-time password. The central server for the bank handles the actual authentication, and this allows the user to use the same authentication method across the different web…