BankingCurrency Transaction Report The money exchange report was started by the Bank Secrecy Act in 1970. In any case, not all exchanges of $10,000 and more need to…
BankingPrivate Banking Private banking an account is customized budgetary and keeping money benefits that are customarily offered to a bank’s rich, high total assets people (HNWIs). Private…
BankingSMS Banking SMS banking is a form of mobile banking. It’s services may use either push and pull messages. This is not as secure as other conventional banking channels, like the…
BankingMobile Payment Mobile payment, also referred to as mobile money, mobile money transfer, and mobile wallet generally refer to payment services operated under financial regulation and performed…
BankingMobile Banking Mobile banking is usually available on a 24-hour basis. From the bank’s point of view, mobile banking reduces the cost of handling transactions by reducing the…
FinanceLiquid alternative investment Liquid alternatives are alternative investment strategies that are available through alternative investment vehicles such as mutual funds, ETFs, closed-end funds, etc. that provide daily liquidity. “The…
EconomicsGold reserve A gold reserve is the gold held by a national central bank, intended as a store of value and as a guarantee to redeem promises…
BankingFull-reserve banking Full-reserve banking is a proposed alternative to fractional reserve banking in which banks would be required to keep the full amount of each depositor’s funds…
FinanceDigital gold currency Digital gold currency (or DGC) is a form of electronic money based on ounces of gold. They are issued by a number of companies, each of which…
FinanceGold exchange-traded product Gold exchange-traded products are exchange-traded funds (ETFs), closed-end funds (CEFs) and exchange-traded notes (ETNs) that aim to track the price of gold. They are traded on…
FinanceGold as an investment Gold is shown to have the most effective safe haven and hedging properties across a number of countries out of all precious metals available for…
BankingAlternative investment Alternative Investments provide research and a forum for discussion regarding private equity, hedge fund, and venture capital investments. Alternative investments are sometimes used as a way…