Capital One Data Breach Puts Millions Of Customers At Risk
Capital One, one of North America’s biggest credit card companies has confirmed that they experienced a major data breach. The breach affects over 100 million customers across the United States and Canada. The information stolen included Social Security numbers and
Read MoreIRS Warns US Crypto Holders To Be Transparent With Their Taxes
One of the main advantages of using cryptocurrencies is that it is hard to track by the authorities. This has made it difficult in the past for the Internal Revenue Service (IRS) to collect the right amount of taxes on
Read MoreFX Brokers Losing Money Due To Regulations & Low Volatility
Retail trading once had the reputation of being a great vehicle for bringing in high returns to investors. That reputation is now questionable given the fact that stringent rules imposed by numerous financial regulators in recent months have killed high-volume
Read MoreScam Artists Using Social Media Platforms To Promote Libra
The Libra digital currency project that Facebook recently announced has made waves all over the world. The planned cryptocurrency has already gotten the attention of the US Congress along with financial regulators across the world. The media attention surrounding the
Read MoreChinese Financial Sector Opens Doors To More Foreign Investors
China has always been hesitant to open itself up to foreign investment with strict controls imposed by the government. This seems to be changing as China is now opening up to foreign investors. However, Beijing promises that it will take
Read MoreFCA Wants Restrictions On High Risk Online Financial Products
Investors in the United Kingdom (UK) are becoming more comfortable with making their investments online and managing their financial portfolio from the comfort of their homes. While there are a number of pros to this trend, the UK financial watchdog
Read MoreFacebook’s Libra Receives Flak During Senate Hearings
Facebook would have expected some opposition when it announced plans for its own cryptocurrency. However, the company has probably received a lot more than would have anticipated from Congress as well as other financial regulators around the world. Congress has
Read MoreUS & Japan Will Cooperate On Derivatives Trading Monitoring
Derivatives trading is a controversial topic right now in a number of countries. While these investments can be pretty profitable, they are also pretty risky and give financial regulators a hard time. Many investors have been exploited by unscrupulous brokers
Read MoreJP Morgan Launches Robo-Advisor For Its Digital Investing Service
JP Morgan is finally launching its digital investing service called ‘You Invest Portfolios’. This new product is pretty special since it opens up a low-cost investing service for customers and also offers what is basically free exchange traded fund (ETF)
Read MoreMost Australians Living Paycheck To Paycheck, Survey Shows
Millions of people look at Australia as a land of opportunity but based on a recent report, millions of Australians are struggling financially as the amount they earn from their job is not sufficient for them to live a good
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