Finance & Business

Using a Debit Card for Holiday Purchases? Here’s Why a Consumer Advocate Says You Shouldn’t

You can only spend what you have when using a debit card to make a purchase, just like when using cash.What is a debit card?Though it's likely that you already know what a debit card is, just in case: Debit cards are a type of payment instrument provided by banks and other depository institutions...

Three Leading Fintech Trends to Enjoy in 2022

As the fintech space creates, 2022 will undoubtedly see interruption from 3 major finserve and banking sectors.While the obstacles of an electronic makeover have dominated mainly 2020 and 2021, 2022 looks set to be the stabilizing year regarding new typical service tasks.The significant hurdles of functioning remotely, swapping systems to digital systems, and developing...

Wharton Professor Explains What All the Buzz Around Bitcoin is About

Credit: Alesia Kozik/pexels.comThe Wharton School's Mauro Guillén, a professor of international management, responds to inquiries about the increased interest.Elon Musk energized the possibilities for Bitcoin stock earlier this month when he promised that Tesla, Inc. will soon accept payment for its electric vehicles in the much-discussed but little-known currency.Mauro Guillén, previously the head of...

Bitcoin: Why Its Worth Has Rocketed Once Again

Bitcoin's journey into mainstream finance has achieved another significant milestone-- another record price. The cryptocurrency was trading at US$ 66,975 (₤ 48,456), after the launch of an exchange-traded fund (ETF), which has dramatically raised bitcoin's direct exposure to investors.The fund, that opened on October 19, permits investors to speculate on the future value of...

What’s the Buzz About Bitcoin Cryptocurrency and Blockchain Technology?

We understand Elon Musk is a fan; however, what is all the fuss around, and when will the Bitcoin bubble burst?Comparable to the stock market, the cryptocurrency market is regularly subjected to extreme cost variations-- both upwards and downwards. Tesla recently buying $1.5 billion worth of Bitcoin is simply one example of how the...