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Progressive approach of MuleHunter.ai to spot mule accounts in financial cyber fraud landscape

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Progressive approach of MuleHunter.ai to spot mule accounts in financial cyber fraud landscape Cyber frauds in financial terrain are disrupting the functioning of the banking system and users have to pay heavy price in terms of significant losses. Government and private financial corporations are adopting innovative schemes to curb digital financial frauds but still these are growing concerns and require immediate initiatives to secure financial assets of people. India is in the limelight of gaining rapid transition in the realm of digital economy and showed its presence at global scale through innovative financial schemes that can derail the cyber fraudulent activities. There is a wild growth of Mule accounts in several fraud schemes which pose an intense challenge to the digital payment system in financial institutions in India. The Indian brainy team realized how to innovate ideal cyber tools merged with cutting edge technologies to identify and neutralize online cyber frauds th...

Importance of CFDs while trading

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Contract for Difference (CFD) is an effective financial tool to appraise variable nature of prices in the global marketplace. Key role of CFDs is to speculate financial scenarios and advise companies to proceed accordingly.  Simply stating, Contract for Difference offers viable settlement between brokers and merchants in the variance in an asset's value from the trade's opening to its closing. Using Contract for Difference, traders can augment their financial growth with small investment. CFDs is ideal in the financial domain due to its gamut of attributes such as low cost in implementation, array of assets, and profitable in financial period from mounting and dropping prices, Contract for Difference is best utilized in trading in risk management and capital competence. Stockholders adopt CFDs as a financial instrument to bet on basic assets and speculate whether cost of assets will rise or drop. The best way to utilize Contract for Difference, an advanced trading strategy in...

Voice-Activated Payments surpassing the renovation in financial transaction

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Money transactions are smooth with the inception of novel and advanced financial apps. As we are progressing in the technical domain, money can be transferred quickly with ease to avoid physical hurdles. Digital technologies have made groundbreaking changes in transferring huge funds from one gateway to another. Another pioneering feature in payment procedure is the development of voice-based payment apps. Users can pay hassle free for goods and services or to other people through voice recognition technology which recognizes the user's voice and approves the payment. Voice activated payments are highly advantageous for users in the wave of cyber fraud while processing online payments because it enables users to pay through voice commands to smart electronic devices such as smartphones, smart speakers, and other voice-enabled platforms without using payment cards, wallets and entering passwords. The voice recognition technique adopts the features of AI voice assistants such as Al...

Introspection of Universal basic income: Retaining uniform society

  Tagline: Empower society through Universal basic income Global economy is witnessing sweeping transformation in this millennium with cutthroat technical innovations which triggered innumerable upsides such as digitalization and some burning challenges in society in terms of snowballing financial crux in civilization. It is highly blown issue among financial advisers and experts in various countries to curb such damaging problem in society, and they reconnoiter for the notion of universal basic income. Implementation of Universal basic income is very effective initiative to grapple multiple societal issues such as job scarcity, and an effective tool considered as strong mechanism to eradicate poverty in social structure of any country. Basically, Universal basic income is a financial transfer policy to assist poor communities of country. Under this policy, all inhabitants are granted financial aid set by government. This income plan is executed at national, regional, or loca...

Transform your industry through adopting Blockchain technology

Blockchain technology is indigenous and has growing presence in business world. Blockchain is changing the way business operates and will probably also affect life of people. Primarily, blockchain was the technology behind the digital currency, Bitcoin, but it has opened up other possibilities of use across the internet.  Exactly, a blockchain is a shared digital ledger that records transactions in a public or private peer-to-peer network. Blockchain agreement mechanisms offer the benefits of a consolidated, consistent dataset with less errors, near-real-time reference data, and the flexibility for members to change the descriptions of the assets they own. Key features of Blockchain Technology include easy and faster transaction execution to augment customer service, cost efficiency in its operations and transparency to customers and managers. The blockchain can be categorized into three types such as Public, Permissioned, and Private. Public block chain offers a...

Open pay: electronic payment system

Open pay is an effective payment gateway that enables people in an quick and easy way, take payments online or in their mobile app. Service of open pay supports numerous business streams like marketplaces, online stores, subscriptions base payments, mobile applications, third party payment, and crowdfunding. Open pay is available in Australia and New Zealand, spanning across different industries including retail, automotive, home improvement, medical, and more. Open pay facilitates payments from customers through smart card such as debit and credit cards. There are some attractive features of open pay. 1.    It is interest-free. Consumers pay back the amount of the purchase without needing to pay any interest. 2.    Users can borrow only as needed. Since users use Open pay at the point of purchase, they will never be stuck with borrowing more (or less) than what they need. 3.    It will take just a few minutes to download the...

Digital currency

India’s economy is witnessed as an unparalleled change as honourable Prime minster, Mr. Modi implemented stern economic policy of void of 1000 and 500 notes. Citizens of India now turned to use more digital media to pay money related activities. In economic term, Digital currency is elaborated as the currency exchanged through Internet-based medium which is dissimilar from physical money such as banknotes and coins that displays akin properties to physical currencies. Digital currency allows people to do instant money transactions and borderless transfer-of-ownership. It is also denoted as virtual currencies and crypto currencies. Digital currency is the requirement of this millennium and India must be progressive to match with industrialized countries for all round development.  In cutting edge Technology, electronic money has immense significance as majority of people prefer to have virtual wallets. Numerous news reports signified that political leaders of ruling party...

Protect from Phishing while using internet

In technically progressive age, communication system has made revolution. People as well as multinational firms have adopted internet technology to interact with global audiences. Email is embedded in the lifestyle of users. Advent of internet tools offers exciting opportunities for users but it also raised numerous security challenges. In the web of security threats, phishing attacks have interrupted the smooth functioning computers and users have to bear huge loss in terms of money. Phishing is a deceitful type of internet identity theft that intends to steal highly sensitive information such as bank account passwords and credit card information from users. Phishing is also termed as brand spoofing, carding. In general view, Felons use phishing attacks to entice the unsuspecting into visiting a deceitful web site, calling a fake phone number, or downloading malicious software, expressly to access subtle data. Phishing tricks are noticeable in present scenario and great conc...

online income generation with smart mind

Whether it is industrialized nation or developing country, joblessness is omnipresent. Candidates, professionals, freelancers or housewives all are looking some ways to generate money to meet the growing demand of family. In troubled global climate, advanced digital technology has simplified the job search and candidates can easily search employment according to their soft skills, work experiences and educational backgrounds. Countless multinational companies post their requirement in various job portals like nuakri.com, timesjob.com, indeed.com etc. Jobs are also found in many social sites. Great efforts is needed to make rigorous search to get desired job. Besides traditional jobs, today many people want work from home or look for freelancer job. Internet is a marvellous ground where anyone can explore projects of his/her choice and make money online. There are numerous ways to generate revenue through online portals : -Candidates who want to make online mon...

Money transfer through SMS banking

SMS banking is an emerging mobile technology that allows users to request and receive banking information from one’s bank on his / her mobile phone via Short Message Service (SMS). SMS banking allows them to receive basic information regarding his / her bank account using his / her mobile phone / GSM. With this advanced SMS banking system, people and corporate members can manage their bank accounts, check their account balances, deposit money into their accounts, recharge their mobile phone accounts, and perform money transfer and other banking transactions using their mobile phones / GSM. In simple term, SMS banking is a revolutionary mobile technology that allows customers to request and receive information from one’s bank on his /her mobile phone via Short Message Service (SMS). There is a huge need of SMA banking around the globe. With SMS banking, most of the problems related with other banking systems are resolved. The National Payments Corporation of Indi...

Important tips for buying gold jewellery

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Gold metal is precious and mostly people wear jewellery made from gold around the globe. Therefore, gold jewelleries are made at mass level to allure customers. Especially, in country like India, gold is considered as an icon of purity and wealth. Gold jewelleries are customary gifted to bride and bridegroom. People also prefer these jewelleries on the occasions of marriage anniversary, Mundan of kid, birthdays and all holy festivals in India. So there is an immense significance of wearing gold jewellery from the perspective of traditional ceremonies as well as for enjoyment. It is for information that in India, 22K gold is considered as the most valuable for jewelleries and therefore ornaments made with 22 karate have massive sale. 22Kt gold jewellery means that it has 22/24 percent pure gold in it. In other words, it has 91.6% purity. Assessing the great importance of gold jewellery, it is necessary to know how to buy pure gold. . There are some useful tips to...