What Is The Difference Between Investment Management And Wealth Management?
Investment management and wealth management – it is easy to be confused by these terms, especially since they are often misrepresented. What do they really mean, what are the key differences, and which might be best for you? What is wealth management?
Bank Balance Sheet
A balance sheet of a bank shows all financial operations conducted by a bank for a certain period of time. It reveals the borrowed funds by them, their own funds, their sources, their placements in credit and other transactions.
Financial Skills – Opening a Bank Account
Kids lack many life skills today. One skill many parents reported that they want their kids to learn is opening a bank account. This article is the first article in the four-part series and will discuss the best and simplest way to get started with opening a bank account.
Financial Skills – How to Budget & Balance Accounts
Many kids lack life skills. This article is the second article in the four-part series and will look at how to teach kids to budget and balance their accounts.
Financial Skills – Writing Checks & Paying Bills
It’s more important than ever before to help our kids learn life skills. Some we take for granted. This article will look at how to teach kids to write checks and pay bills.
Monetary Policy
Monetary policy is a set of measures carried out by Central Bank to stabilize the economy (strengthening the national currency, accelerating economic growth, lowering prices, and so on). It is part of the macroeconomic policy, carried out by using various methods and tools, depending on objectives. Objectives of Monetary Policy: Objective of monetary policies varies from country to country.
How Automation and Data Quality Are Boosting Operational Risk Management in Commercial Banking
Since the financial crash of 2008, commercial banking has undergone a monumental shift in regulatory reform to both manage and mitigate against operational risk. This transformation has been combined with an increased focus on improving enterprise-wide efficiency, profitability and shareholder value.
10 Rules for Composing Terms and Conditions for Your Invoices
If your invoices are complicated to understand or confusing to read, you may do some severe damage to your cash flow. Why? Mainly because if the client can’t understand your invoice they’re not going just pay.
Choosing the Ideal Insolvency Practitioner
Selecting an IP for your company is a decision that should be taken with a lot of care because it is very important. You may need an IP so as to close the company or to get help so as to turn around the company and start getting profits once more.
Biometric Payment Authentication (BPA) – Corporate Banking Transactions: Pakistan Perspective
This paper gives insight into the payment authorization which is the capability in-built in the Corporate Electronic Banking system in order to ease the signatories of an organization to digitally sign and execute transactions. Currently different technologies have been used by corporate e-banking platform users for payment authorizations like customer passwords, personal identification numbers (PINs), digital certificates using a public key infrastructure (PKI), physical devices such as smart cards, one-time passwords (OTPs), USB plug-ins (dongles) or other types of tokens devices. Banks also serve as databanks of personal identifiable information. With the advancement of technology the data security concerns is becoming more challenging and identity theft is on the rise. Banks must take information security very seriously. As technology continues to change, banks must adapt correct security systems to effectively combat hackers and thieves. The right technologies cannot be generalized. However, knowing what authentication techniques are available is the first step in maintaining a secure environment.
Construction Bonds Establishing Secure Connections
This construction bond is the title given to a kind of surety bond that has been made to come into use by investors in projects related to construction. This step has mostly been taken to provide a certain kind of protection against a very severe kind of event taking place that can cause a certain kind of hindrance or failure in the completion of the project, the reason behind it being the insolvency of the builders or the inefficiency of the job to meet ends with the specifications of the contract. Usually you will notice the existence…
E-Invoicing in 7 Steps
From Preparation to Roll-Out e-Invoicing in Shared Services is not a mystery. Simply put, if you follow a set of behaviors, successful implementation is in reach. This article lays out these behaviors which will put you in a strong position for a successful e-invoicing roll-out.
A Simple Guide to Non-Convertible Debentures
A bank fixed deposit is a safe and lucrative investment idea because it provides a fixed and assured return on investment. However, the rate of interest offered by banks is low and hence not the best investment option. Hence, low-risk investors with the need for assured return but at a higher rate can opt for the investment product called debenture.
Is Invoice Finance a Credible Alternative to Bank Loans?
Is invoice finance an unattractive source of finance compared to a conventional bank loan? Both sources are compared and attractive features of invoice finance identified that suggest it is a credible alternative for companies.
4 Instant Hacks To Stop Burning As Much Money & Boost Your Business’ Cash Flow
MISTAKE 1: NOT LINKING YOUR BANK TO XERO – Why? You could potentially miss when a customer pays, or worse not notice if they don’t pay, and may run into cash issues using old data, rather than real time up to date information.