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Let us analyze the volatility being faced in the Wall Street. Events moved at a quick pace with Lehman Brothers applying for bankruptcy, The Merrill Lynch sold to Bank of America, and the American International Group bailed out by the Feds. The Stock Market seemed deeply affected with the stocks crashing and the stock markets of Europe and Asia also plunging further. The prospects of a severe global recession became more evident.

The Treasury decided to invest USD 250 billion to boost the bank’s capital and to help buy the weaker banks. The stock markets performance induced the investors to carry on yen-trading, affecting the Dollar, the Euros and the British Pound, finally precipitating a plunge in the Tokyo stock market also. The British Prime Minister asked the government to invest heavily and his decision was supported by Germany, Switzerland, France and other countries. On October 29th, the Fed cuts its lending rate to a mere 1 ...

Have you ever felt a nagging of your conscience when you had a sip of water from your plastic water bottle or when you had a chance to see the dustbins at a scenic spot flooded with these? If your answer is yes! Read on and be delighted.

The environment that we share has been affected and we are the major culprits. In answer to the plastic water bottles, the paper water bottle emerges as an eco – product made of recycled material. They aim at decreasing the usage of these plastic bottles and an increased usage of these will lead to a cleaner environment. Americans throw 60 million plastic bottles on an average per day. Statistics claim only that 14% of them are recycled. So, the rest of it ends on the earth as litter. According to National Association for Pet Container Resources (NAPCOR), 2.7 million tons of plastic PET bottles hit the shelves in the ...

With an increasing trend in online shopping and transactions happening across the globe, there is an imperative need for a plastic card, which will be safe and secure to use. We need to address online fraud, more so in cases where card not present (CNP) transactions like a telephonic order. Every day, millions of consumers use the plastic currencies to make or receive payments across the globe conveniently and quickly. Is it safe and is it getting better?

Visa has a two-fold responsibility - to protect the information of the cardholder and to transfer value in a safe and secure environment devoid of fraud and theft. These transactions may be online or made in person. Visa Europe partnered with EMUE Technologies Pty Ltd to develop a stylish and powerful solution to address the growing cases of CNP fraud. They have been addressing these issues with initiatives like CVV2, and verified by Visa. They are testing a new ...