Transactions with your Credit Card

September 12, 2018

Planning a trip abroad? Credit Cards offer a great form of payment as they’re accepted in many locations, and often provide you with good currency exchange rates. Of course, you may encounter some small transaction fees for using your card abroad or otherwise making foreign currency transactions on your card. Foreign currency exchange rates are […]

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Protect Yourself from Credit card Fraud

August 3, 2018

When shopping online, make sure you’re on a site that has “https” in the address line, which indicates it’s secure. You should also examine the site for proof of authentication services. For example, VeriSign is a trusted company that secures the information entered in the purchase screens for online retailers. If the site lacks a […]

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Digital Currencies Transform Central Banking

July 14, 2018

While it is premature to speak of disruption of traditional concepts of central banking, it is worth considering if the looming changes to money, financial markets, and payment systems will have significant repercussions for the operation of central banks and their ability to deliver on key objectives such as low inflation and financial stability. New […]

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Discusses Digital Currencies

June 10, 2018

The financial industry is witnessing advances in financial technology and increasing consumer preferences towards online financial services. In this environment, central banks are considering their role as issuers of cash. This article addresses the primary question of what is digital currency. It does this by introducing a money tree classification that shows digital currencies include […]

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How Currency Works

May 3, 2018

Money alleviates this problem. It provides a universal store of value that can be readily used by other members of society. That same baker might need a table instead of shoes. By accepting currency, he can sell his goods and have a convenient way to pay the furniture maker. In general, transactions can happen at a much quicker […]

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