Post Thumbnail of Credit Card Processing- Tips For Merchant Account Holders
15 June 2010 Finance

Setting your business up to accept credit cards is a great way to reach out to new customers and encourage your existing customers to spend more. Nowadays, most businesses that process credit/debit cards do so via a merchant account. Merchant accounts essentially serve as a credit/debit card processing agreement between …

Post Thumbnail of Hungary's economy crisis
5 June 2010 Featured, News

After Greece, Now it is Hungary’s economy that is in trouble. There has been a fear in the market that Hungary is facing a debt crisis and hence its currency has devalued considerably against euro. According to spokesman of Viktor Orban, Hungary’s Prime Minister, the earlier government of Hungary falsified …

Post Thumbnail of JP Morgan faces heavy fines
3 June 2010 Featured

JP Morgan has been fined a record 48.2 million dollars because it risked client money even though no client money was actually lost. The fine is imposed by Financial Services Authority (FSA). JP Morgan’s by lumping the money of its clients with its own money for seven years endangered the …