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The Rise of Offshore Banking


Banks are traditionally thought of as grand institutions, holding offices in high-rise skyscrapers, or large and spacious complexes in major cities. This is true in most cases, with many of the world’s major banks having their headquarters in such places as New York City. Elsewhere, growing in popularity is the idea of offshore banks, which [...]

Improving Banking Processes with an ASP Model: Work it Harder, Make it Better


“Work it, make it, do it, makes us, harder, better, faster, stronger.” There you have it–words of banking technology wisdom from the French techno duo, Daft Punk. Through application service provider (ASP) models, banks can not only implement the technology they need to stay competitive, but they can implement this high-quality technology faster. ASP environments [...]

The Alternative that is Offshore Banking


Offshore banks have become more popular over the years as an alternative to traditional financial institutions. Their lower tax and interest rates have made them attractive to potential clients and depositors. Offshore financial centers actually have a lot of advantages that make them competitive against local banks, and it shows in the amount of capital [...]

Bank of America Denounces Fee Plan


Much to the delight of their customers and to the chagrin of their leaders, Bank of America has announced that they will no longer levy their proposed five dollar debit card fee on their customers, a fee which they announced only a month ago. Due to the extreme frustration that consumers subsequently expressed over these [...]

Creating a Personal Budget


Almost everyone is dealing with money issues nowadays. The economy is teetering on recession, unemployment has skyrocketed, and inflation is causing everybody to pinch their pennies just a little bit more. That doesn’t have to mean a constant game of catch-up, though. With an effective personal budget in place, the end of the month doesn’t [...]

Process of Selling Structured Settlement Payments


If your bills are rising high and you don’t have any option to pay the bills and you are in need of a lump sum of money for structured settlements then you must have some knowledge in selling the structure settlements. The first step is to decide whether selling the structured settlements is the right [...]


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