May 16
Theres always someone looking for ways to scam the system. Welfare fraud is increasing at an alarming rate and much of it has to do with the debit cards recipients are issued. Still, theres another growing problem that must be addressed.
Despite the alarming rate in which its growing, many are unaware of what constitutes welfare fraud. Simply stated, welfare fraud involves the intentional misuse of various state and/or federal funded welfare programs. The ways in which this is accomplished is as varied as those who are guilty of committing these crimes.
It can involve lying on paperwork or withholding certain information, lying about ones identity or selling the debit card that has benefits direct-deposited each month.
Read full post…
Tags: Debit Card, Fraud
Apr 26
In today’s market there are a lot of money transfer companies available to different customers. In most cases, these companies are also available separately on Internet; however, in recent years there has been an increase in physical organizations as well. Some of the most widely used are Caxton, Moneybookers and PayPal. With the multitude of companies available for such transactions, you’re sure to find the perfect one for you. You should keep in mind of course, that the reputation and the history of the company will be the main factors on choosing service providers.
There are many competitors in the financial services market today. Let’s consider what option you have. Caxton offers quick, effective money transfers available for any location worldwide with efficiency and the transaction often takes about twenty minutes. I Read full post…
Tags: Money Transfer, Transfer
Apr 12
BEST BANK FOR CASH MANAGEMENT—GLOBAL WINNER
Citi
Citi has a strong track record of managing complex global mandates, which plays to its strengths and presence across hundreds of countries and currencies. It boasts an impressive client list comprising multinationals, financial institutions, governments and central banks in markets around the world.
In what remains a challenging global environment, Citi’s Global Transaction Services business, which incorporates treasury and cash management, reported a 7% increase in third-quarter 2011 revenues and a 7% year-on-year increase in average deposits. I
Read full post…
Tags: Cash, Cash Mangement
Apr 09
There are some strong statements being made by many in the financial sector and theyre not mincing their words. They have very definitive ideas about what should happen to bank executives who allowed robo-mortgage activities to continue. One analyst called it a near certainty that Wall Street executives committed felonies. Its all coming down to recently completed audits that have been made available by the Department of Housing and Urban Development (HUD).
The audits uncover disturbing decisions made by five of the nations largest mortgage servicers.
Read full post…
Apr 03
The overall consumer climate should continue to rebound in 2012, with both home loan and auto loan markets recovering, Equifax said in a recent report.
According to data from CreditForecast.com, which is a joint product of Equifax and Moodys Analytics, consumers should look for and expect economic growth in 2012. Delinquency rates for credit cards and auto loans are back to pre-recession levels, Equifax said. Consumer debt is currently down $187.8 billion from early 2009 totals.
After spending recent years in the financial doldrums, U.S. consumers are poised to make a comeback in 2012, Amy Crews Cutts, Equifax Chief Economist, said in a statement.
Read full post…
Tags: 2012
Recent Comments