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Most popular personal finance advice contradicts economic theory

Most popular personal finance advice contradicts economic theory

Avoid credit-card debt. Start an emergency fund. Begin saving for retirement when you’re young. And never, ever underestimate the importance of compound interest. Personal finance experts tend to agree on these kinds of basic principles. But a new working paper highlights the surprising disconnect between popular personal finance books and economic theory. The paper’s author …

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Veteran Nick Spencer-Skeen Joins UAE-Based Trading Platform Provider

Veteran Nick Spencer-Skeen Joins UAE-Based Trading Platform Provider

Nick Spencer-Skeen, the former Chief of Staff, Europe, Middle East and Africa (EMEA), at StoneX Group, has joined Abu Dhabi, United Arab Emirates (UAE)-based APM Capital Limited as a Senior Executive Officer. APM Capital Limited was established in May 2021 and provides order execution and trading platforms to industry actors. Spencer-Skeen left StoneX Group, an …

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How Can Financial Institutions Prevent Breaches with Layered Security?

How Can Financial Institutions Prevent Breaches with Layered Security?

According to CSIS, financial institutions are the top targets of cybercriminals. For many, this is not surprising. It’s not difficult to see what makes banks appealing to cybercriminals. Besides direct monetary gain, threat actors can obtain the sensitive information of millions of people who trust their bank with their personal data. Banks are already investing …

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FBI Offers Safety Tips to DeFi Users Following Recent Hacks

FBI Offers Safety Tips to DeFi Users Following Recent Hacks

The Federal Bureau of Investigation has issued a global alert warning Investors about the planned scams intending to steal users’ funds, including risks involved while using decentralized finance platforms. In a statement released on Tuesday, the FBI had recommended that crypto investors conduct thorough research on DeFi platforms, smart contracts, and protocols before using them, …

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