Insider trading is the term used to describe the illegal act in which someone relies on market-moving, nonpublic information to decide whether to buy or sell a financial asset.
Travelling abroad? Don’t be tempted to pay your way using your home currency
Part of the joy of travelling comes from experiencing the unfamiliar – a different climate, culture or cuisine. But when it comes to paying for things abroad, we might feel more comfortable using the currency we are most familiar with, the one we use at home.
5 policies that could make future bank failures less likely or severe
The abrupt failures of Silicon Valley Bank and Signature Bank and subsequent concerns about the stability of other banks have reignited a fierce debate among lawmakers, the financial industry, the Biden administration and former government officials about an array of banking reforms and regulatory changes.
US faces $31.4 trillion national debt crisis – and Republican divisions could make it harder to solve than ever
US federal debt currently stands at a staggering US$31.4 trillion (£25.2 trillion), the highest it’s ever been. That matters because it’s approaching the maximum limit that the government is legally allowed to borrow.
AI-generated spam may soon be flooding your inbox – and it will be personalized to be especially persuasive
Each day, messages from Nigerian princes, peddlers of wonder drugs and promoters of can’t-miss investments choke email inboxes. Improvements to spam filters only seem to inspire new techniques to break through the protections.
You can’t hide side hustles from the IRS anymore – here’s what taxpayers need to know about reporting online payments for gig work
Do you rent out your home a few weekends a year through Airbnb? Sell stuff on Etsy? Get paid for pet-sitting? If you, like many Americans, make at least US$600 a year with a side hustle of any kind, the way you pay taxes may soon change.
New rules are going to make sure the Internal Revenue Service gets more information about payments made to Venmo and other apps often used for informal work. And this new system will enhance the agency’ ability to detect any underreported taxable income.
Advantage One Credit Union Deploys Scienaptic's AI-Powered Credit Underwriting Platform for Intelligent Loan Decisions
NEW YORK - March 30, 2023 -- Leading AI-powered credit decision platform provider, Scienaptic announced today that Advantage One Credit Union is now live on its AI-based underwriting platform. As part of the deployment, Scienaptic's AI platform has been integrated with Advantage One Credit Union's Loan Origination System (LOS) MeridianLink Consumer. The deployment complements Advantage One Credit Union's lending process and helps approve more loans through highly automated, intelligent predictive signals.