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Big data in finance refers to large, diverse (structured and unstructured) and complex sets of data that can be used to provide solutions to long-standing business challenges for financial services and banking companies around the world. The term is no Read More …
Digital transactions are defined as transactions in which the customer authorizes the transfer of money through electronic means, and the funds flow directly from one account to another. These accounts could be held in banks, or with entities/ providers. As the Read More …
Crowd funding is the use of small amounts of capital from a large number of individuals to finance a new business venture. Crowd funding makes use of the easy accessibility of vast networks of people through social media and crowd funding websites Read More …
A cryptocurrency can be easily defined as a digital currency. However, the concept behind the value and security of cryptocurrency is quite abstract and esoteric. Some people are confused about what makes cryptocurrency valuable and what makes it efficient as Read More …
A derivative is a financial contract whose value is derived/reliant on the value of an underlying asset, hence why it is called a “derivative” contract. The underlying asset may be a commodity, bond, equity, interest rate, market index, currency or real estate. Read More …
Global markets are markets in which the law of one price applies, in the sense that it would be possible to buy or sell products for the same price irrespective of geographical location and local circumstances. When products are purchased Read More …
Globalisation and growth of derivative markets Cryptocurrency Block chain technology Cloud funding Digitisation of financial transactions Behavioural finance Big data project finance Buy to unlock content
Retirement planning is the process of determining retirement income goals, and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, sizing up expenses, implementing a savings program, and managing assets and risk. Future cash flows are estimated Read More …
Commercial banks in Kenya have adopted the Total Cost of Credit (TCC) pricing mechanism, which enables consumers to compare different bank loan costs based on standardized parameters and a common computation model. This site provides you with information on the Read More …