Ben Woolsey is Investopedia’s Senior Credit Card Editor. He has over 30 years of experience in the financial services industry, including marketing for banking and financial institutions such as Associates First Capital and Bank One. Prior to Investopedia, he managed credit card content for CreditCards.com and Bankrate.com.
Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings. Kenanga Investment Bank Berhad, one of the largest private investment banks with more than 500,000 customers, has partnered with China’s tech giant Ant Group to launch a crypto-friendly…
Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and nonfungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel. In a 19-part thread posted on Aug. 21, Serpent outlined how scammers target…
Editor’s Note: Below is the 100 week version of the NYC Recovery Index, originally published August 2, 2022. Visit the NYC Recovery Index homepage for the latest data. New York City’s economy continued to recover modestly in the week ending July 23, with the index score rising to 73 points out of 100, after a…
What is a paying agent? A paying agent – also known as a “disbursement agent” – is one who accepts payments from the issuer of a security and then distributes the funds to holders of the security. Paying agent explained Paying agents are typically a corporate fiduciary department of a bank or trust company that…
Cryptocurrency exchange Binance will suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens during the blockchain’s transition to its proof-of-stake (PoS) Beacon chain in September. The world’s largest exchange by transaction volume announced the move in a bid to provide stability during The Merge, which is touted to take place in mid-September 2022. Binance…
As a financial analyst, understanding the operating hours of the world’s stock markets is essential for investors who want to trade shares, commodities, currencies, and much more. If you are a global investor and want to invest in the international stock market, you must know the opening and closing hours of each stock exchange. This…