Money ultimately brings us freedom, so what if your partner were to restrict access to your income or bank account? It’s not uncommon for perpetrators of domestic abuse to manipulate their partners through money in this way – in fact, according to Women’s Aid, a third of survivors say that their access to cash during their relationship was controlled by their abuser. Now consider the fact that 26 per cent of women and 15 per cent of men in England and Wales experience domestic abuse at some point in their lifetime. And yet, the financial side of domestic abuse is deeply misunderstood, and for this reason, it can often go unreported. So what actually is it? According to the charity Surviving Economic Abuse, this behaviour is designed to reinforce or create economic instability. And in this way, it limits people’s choices and ability to access safety. While economic abuse can be broader than just limiting access to money, and includes efforts by … [Read more...] about What are the banks doing to help survivors of financial abuse?
Joint banking account rules
It is its ability to provide good services to customers using technology solutions that has made FE CREDIT a market leader. The consumer lending industry in Vietnam has seen remarkable growth. According to a report by the National Financial Supervision Commission, which advises the prime minister on matters related to the financial markets, consumer lending in Vietnam has been growing fast since 2015, with a growth rate at 65 percent in 2017 compared to 50.2 percent in 2016, and with the percentage of consumer lending in total credit rising to 18 percent in 2017 from 12.3 percent in 2016. In this context, various players, both domestic and foreign, are eyeing a bigger slice of the market. Banks and corporates have opened consumer credit units, and many foreign consumer credit companies have come to Vietnam, either setting up greenfield ventures or acquiring existing players. Even with so many players in the market, there is room for improvements in consumer experience. FE CREDIT, … [Read more...] about How a non-banking credit firm changed Vietnam consumer lending
FILE PHOTO: The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico April 10, 2018. REUTERS/Ginnette Riquelme MEXICO CITY (Reuters) - Uber, Didi Chuxing and other ride-hailing firms on Thursday criticized a host of new regulations of the sector in Mexico’s capital city, which include a ban on cash fares that could exclude many potential customers who lack bank accounts. Mexico City’s government on Wednesday issued rules that prohibit cash payments for ride-hailing services, require drivers to register with the city, and ban the use of cheaper cars, among other measures. The regulation marks a setback for San Francisco-based Uber in one of its largest markets ahead of a planned initial public offering. The company has fought hard for the right to accept cash fares in Mexico, arguing that it is a critical tool to reach the millions of Mexicans who do not use credit or debit cards. In a joint statement, Uber, … [Read more...] about Uber, Didi slam Mexico City’s new rules on ride-hailing, including…
Sections SEARCH Skip to content Skip to site index Europe Subscribe Log In Log In Today’s Paper Europe | Landlord Checks on Migrant Status Breaches Human Rights, U.K. Court Rules Supported by ByPalko Karasz March 2, 2019 LONDON — Ordering landlords to check prospective tenants’ immigration status leads to racial discrimination and breaches human rights, Britain’s High Court has ruled, in a judgment that deals a blow to migration control measures championed by Prime Mininster Theresa May. The mandatory checks are one plank in what has become known as the government’s “hostile environment” policy, which aims to force people in the country illegally to leave by blocking their access to jobs, bank accounts and free medical care, among other things. The policy has been criticized as imposing heavy burdens on legal immigrants and British citizens who are not white but are … [Read more...] about Landlord Checks on Migrant Status Breaches Human Rights, U.K. Court Rules
Dayana Yochim, NerdWallet Published 1:10 pm CST, Tuesday, January 15, 2019 This article was first published on NerdWallet.com. Your bank account balances are insured by the FDIC. Assets in your brokerage are also protected, but by a different entity — the nonprofit Securities Investor Protection Corporation, or SIPC. In the unlikely event your broker or robo-advisor financially fails — and also fails to move your money to another protected firm — and investors’ assets are missing or at risk, the SIPC will step in to make you whole by providing up to $500,000 in coverage. Here are the basics of brokerage account insurance, including what it does and doesn’t cover. SIPC insurance rules SIPC coverage provides … Up to $500,000 in total coverage per customer for lost or missing assets of cash and/or securities from a customer’s accounts held at the institution. Up to $250,000 of that total can be applied to protect cash within a … [Read more...] about Is My Brokerage Account Insured?