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Financial account
Beneficiary of the pension plan or financial account
Is it time to update the beneficiaries on your accounts?
Almost any type of financial account allows you to designate a beneficiary "payable on death" (POD). Sometimes it is referred to as a "transfer on death" (TOD) beneficiary.…
The FBAR (Foreign Bank & Financial Account Reporting) 2022
What is an FBAR?
What is an FBAR (Foreign Bank & Financial Account Reporting): The FBAR is a FinCEN form used to report foreign bank and financial accounts to the IRS. Technically, the form is called FinCEN form 114. Our FBAR…
NIC urges clients to submit financial account information for payment of benefits
The National Insurance Corporation urges customers who have submitted claims to the organization to provide their bank account or cash information in order to receive their payment.
As part of the measures to control the spread of…
Popular Dotty’s Slot Chain Reveals Data Breach Exposing SSNs, Financial Account Numbers,…
Nevada Restaurant Services (NRS), owner of famous Dotty's slot machine chain, has disclosed a data breach that revealed a significant amount of…
Why preventing financial account takeover attacks is important for banks and fintechs
Financial account takeover is a form of identity fraud where fraudsters use stolen credentials to break into the digital financial accounts of genuine customers. An exponential increase in the number of consumers using fintech services…
The 2021 “Green Book” presents comprehensive financial reports on the accounts | Foodman CPAs and…
The Green Book is a US Treasury Department document that provides detailed explanations of an administration's revenue proposals in support of a president's annual budget request. On May 28, 2021, the Biden administration released its…
BNM: Malaysia’s 2020 financial account recorded higher net outflow at RM79.1 billion as FDI…
KUALA LUMPUR (March 31): Malaysia's 2020 financial account recorded a higher net outflow of RM79.1 billion, compared with a net outflow of RM33.8 billion a year earlier, mainly due to outflows more significant in the portfolio and other…
Redemptions of financial accounts are increasing
Every second fraudulent transaction in the financial industry in 2020 was an account takeover, according to a new report from Kaspersky.
Anonymized statistics on events detected by Kaspersky Fraud Prevention from January to December 2020…
Redemptions of financial accounts are on the rise
Every second fraudulent transaction in the financial industry in 2020 was an account takeover, according to a new report from Kaspersky.
Anonymized statistics of events detected by Kaspersky Fraud Prevention from January to December 2020…
A custody account is a financial account that parents manage on behalf of their child – a tool…
A custody account is an investment account in the name of a minor child managed by an adult.
Custodial accounts are cheaper, easier to manage, and less constrained than trusts or specialized education accounts.
A custody account passes…
Building the crypto-economy’s main financial account, Coinbase launches debit card –…
Coinbase launches Coinbase Card in the United States
The product: Starting today, Coinbase customers in the United States can join the waitlist for the Coinbase card, a Visa debit card that allows customers to…
Gabay Guro partners with PayMaya to provide financial account for teachers – Manila bulletin
Teachers across the country will soon have easier access to a financial account and learning resources in one app, as Gabay Guro, the flagship advocacy program for teachers of the PLDT-Smart Foundation, joins forces to PayMaya…
UK financial account takeovers, report warns
Although the value of suspected fraud in the UK fell 7.5% in the first half of 2019 compared to the same period a year ago, takeovers of financial accounts increased, according to a report.
Data from 217 suspected fraud cases in UK…
Why T-Mobile rolled out a boring financial account
Last week, T-Mobile launched a new banking service called T-Mobile MONEY. I thought it would be a mobile money account, operated by a mobile service provider. Do you remember Isis? The US mobile wallet…
Singapore activates three new automatic financial account information exchange relationships –…
As COVID-19 accelerated the growth of fintech and the adoption of digital banking services in 2020, the financial services industry has undergone rapid transformation. According to industry watchers, advances in digital adoption,…
Singapore ready for “automatic financial account information exchange” relationship with…
JAKARTA - Singapore is ready to establish an Automatic Financial Accounts Information Exchange (AEOI) relationship with Indonesia, as soon as Indonesia is ready, said Minister of State for Finance and Law Ms. Indranee Rajah.
This…
Contribution of Minister Strachan to the Automatic Exchange of Financial Account Information Bill
Nassau, Bahamas - Contribution of Seabreeze Member of Parliament and Minister of Financial Services, the Honorable CV Hope Strachan on the Automatic Exchange of Financial Accounts Information Bill, 2016Mr. Speaker, I rise to support…
Singapore, Australia to Share Financial Account Information to Fight Tax Evasion, Banking News…
SINGAPORE - The tax authorities of Singapore and Australia have agreed to share financial account information to fight tax evasion.
In a joint statement released Tuesday, September 6, the Inland Revenue Authority of Singapore (Iras) and…
Aliza Sherman’s daughter sues her father over her mother’s financial account
sherman.JPGJennifer Sherman read a poem this spring at a memorial for her mother, Aliza, who was killed in the city center last year.(Lynn Ischay / The Plain Dealer)CLEVELAND, Ohio - Aliza Sherman's daughter sued her father for $ 2…