money (14)

As there is an increase in money transaction activities. It has been observed that in past few years, instances of money laundering have been increased. These incidences have become very challenging for finance sectors and financial institutions. This has resulted in the augmented adoption of anti-laundering software. The accelerating number of cultured cyber-attacks have raised the concerns of significant losses in a number of industries and organization. It is the need of the hour to adopt Ant

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An introduction to money management

Everyone wants to make their money go further. Setting up a budget, staying on top of your bills and living within your means – it can all pay off. It’s a good feeling being in control of your finances. And managing money is a skill we should all have – but it’s often something we’re not taught at school. For most of us, we learn as we go, and this could involve a few costly mistakes.

Financial pressures can affect all of us. We’ve all reached the end of the mon

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The Most Common Ways to Cover Debts in 2019


The moment you decide to pay your debts permanently, you seek to bring peace, stability, and confidence into your life. However, it's generally known you should stay away from strategies that make you end up with unpayable interests. Balance your debts with a loan? It may not be the best option because you can't borrow more. Neither is stop paying or fleeing the country.

So what are the best strategies to pay off your debts effectively and without panicking?

We understand that not all debts are so

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I posted an essay with a similar title at academia here

There should be a risk free investment because its absence is slowing the world's economies.

You can read more here:

and here:



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AML system is a combination of different types of software, including transaction monitoring software, currency transaction reporting software, customer identity management software, and compliance management software, among others (sanction screening software and case management software). These software are responsible for addressing AML business requirements. They focus on identifying suspicious patterns of transactions, which may lead to the filing of Suspicious Transaction Reports (STRs) or

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Any industry involving wiring transfers of large sums of money is vulnerable to this new type of hack. Purchasing a car, home or piece of art are large transactions and are not usually done in cash. In well-established industries like real estate, there are some checks and balances, but while one would think it would be very tough to pull off this scam in real estate, it is just as easy. I do not know how many billionaire art collectors follow my blog (they should!), but most of you are regular

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Dear Friends,

You may be aware that the Government of India demonetised the highest two denomination bills of INR1000/- and INR500/- on 8th November 2016. Whilst, the usage of demonetisation as a tool to fight corruption and money laundering is debatable, the Indian case study, as per a Reserve Bank of India memo released on 11th August 2017 mentions that an estimated INR2.8 to INR 4.3 Trillion flowed incrementally (money kept outside the banking system) into the banking system. Circa INR64=1-USD

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  • The book examines the issues of Money Laundering and Financing of Terrorism.
  • It analyses 155 money laundering case studies, examines the impact of money laundering in 10 countries and elaborates on the three well known financial crises.
  • It looks at the risk holistically by examining the risks within each sector of the eco-system (for example: the election system, bank, hawala, real-estate) and also at the National level.
  • The applicable United Nation resolutions and FATF recommendations are explaine
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"There is no Such Thing as a Bank Loan"


Richard Werner: Banking & The Economy


Banks have a pivotal function in the economy, they are the main creators of the money supply. In granting or issuing so called 'loans' to their customers they create the money that is essential to make the modern economy work. In fact says Prof Werner: 'there is no such thing as a bank loan' he says what happens is credit creation, when banks make the money (credit ) needed out of nothing.

He explains how the system works, whereby, from a miniscule deposit of

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Taking Control of Our Money


Taking Control of Our Money


Public Banking Institute

This is a great introduction to public banking. America has plenty of money--but it's all under the control of private banks. This video uses economic reality, clips from "It's a Wonderful Life," and other methods to bring home the key points that banks create the money they lend, and that the privatization of finance has been a disaster. It explains public banking's potential to lower the costs of funding public goods--because, after all

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Overthrow the Speculators


Enrique Suarez Presenting:

Overthrow the Speculators


Chris Hedges

"Speculation in the 17th century was a crime. Speculators were hanged."

(Originally published in Common Dreams, December 30, 2013)

Money, as Karl Marx lamented, plays the largest part in determining the course of history. Once speculators are able to concentrate wealth into their hands they have, throughout history, emasculated government, turned the press into lap dogs and courtiers, corrupted the courts and hollowed out publ

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Dun & Bradstreet has initiated a timely capital formation initiative for small businesses. Access to Capital - Money to Main Street is an event tour that will bring together regional providers of funding for small businesses and start-ups.  
Economic recovery is combining with technology to energize innovations in small business funding options. Money to Main Street looks to promote the numerous funding options that are open to small businesses. Crowd-funding, micro-lending, asset financing, lea
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The ACME Corporation

It just seems the either no one is measuring realized risk exposure numbers for their firms, or mums the word on their findings.  The information that I collect is strongly covered by Non-Disclosure Agreements.  To help with this, I want to start publishing de-identified statistical abstracts.  

I included some of these statistical abstracts in the financial section of a paper published by ANSI.  I am a coauthor on, "The Financial Impact of Breach Health Information, A Business Case for Enhanced

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