Divorce poses numerous challenges, one of the most critical being the potential for severe credit damage due to jointly held mortgages. Thousands of divorcees in the US have received a stark warning about the financial pitfalls of joint mortgages, particularly when ex-spouses struggle to meet
Europe is making a concerted effort to detach itself from reliance on American and Chinese digital payment systems. This initiative, driven by the European Central Bank (ECB), aims to safeguard the continent's financial sovereignty and enhance its competitive edge in the global digital
As online shopping continues its meteoric rise, retailers face an ever-present threat: fraud. According to recent statistics, retailers lose billions annually to fraudulent activities, significantly impacting their bottom line. The challenge for modern businesses is clear: balancing a smooth and
Bitget, a leading cryptocurrency exchange and Web3 company, has announced significant progress in its efforts to expand globally while ensuring stringent regulatory compliance. This article dives into Bitget's strategic initiatives, highlighting their proactive approach to securing regulatory
Papua New Guinea (PNG) faces the possibility of being grey-listed by the Financial Action Task Force (FATF) due to non-compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) recommendations. This potential scenario necessitates an examination of the ramifications and
Mountain America Credit Union has made a strategic move by appointing Nanette Graviet as Senior Vice President and Chief Risk Officer. With Nanette’s wealth of experience in governance, risk management, compliance, and legal expertise, the credit union is set to embark on a new chapter focused on e
Imagine a world where financial transactions are executed within seconds, free from the traditional banking system's constraints and costs. This world is already emerging through blockchain technology, particularly with the rise of decentralized finance (DeFi) and cryptocurrencies. However, it
In recent years, blockchain technology has gained attention for its potential to revolutionize various industries through enhanced security, transparency, and efficiency. Despite the promise, widespread enterprise adoption has been hindered by challenges such as scalability, regulatory compliance,
The concept of integrating traditional financial assets like stocks into the decentralized finance (DeFi) ecosystem has recently gained significant traction. On March 28, blockchain analytics firm IntoTheBlock highlighted the potential of DeFi platforms to enable borrowing against stocks. This
World Liberty Financial, spearheaded by Donald Trump, is set to launch a dollar-pegged stablecoin named USD1. This follows the company's successful fundraising of $550 million through a separate digital token sale. The stablecoin will be fully backed by U.S. Treasuries, dollars, and other cash
