Monday, February 6, 2017

That Chip on Your Credit Card May Not Be Stopping Fraud After All

Credit Card
It's a different world, where the science and technology have registered some of the most magnificent developments and innovations, which are potentially, help the society in having a massive growth in almost all sectors. The advent of the computer and the internet are one of the major inventions of the scientific development, which have changed the world to a great extent and today we can find some sort of touches in almost all products and issues in our existing society.

While the primary sectors are getting huge supports from the computer technology; the financial sector also has seen some of the major breakthroughs in the operation and management of the financial instruments and data. The Credit card is considered as one of the important issues in the financial market, which is now being used by millions of users, throughout the globe, for ease and comfort.

Today the credit card or debit card are using as the avenue of the cashless transaction, which safeguards the malpractices and helps in efficient accounting purpose. It can be noted that the safety of using the credit card is getting the highest priority and several measures are being taken to get the utmost safety of the cards, which are often found quite inadequate and vulnerable.

Credit Card and Relevant Issues

It is now known to everybody that the transaction through these cards are quite popular among the people, especially in the younger generation, and there are lots of chips and other devices are being used in order to check potential frauds. But at the same time; the fact is that there are some problems inherent in these chips, which are essentially meant for the safety of the credit cards. In the present scenario, the security chips are widely used in the financial world and it becomes a bit difficult for the criminals to counterfeit any debit or credit card.

But in recent days, the fraudulent activities are on a rise and various criminals are now pilfering cash from the plastic card by using some different mode of operation, which is considered as a great threat to the general people, who are using the credit card for convenience and safety. The new study, done by the renowned research organization, Javelin Strategy and Research, has made some unique revelations in the frauds of the credit card, which are as follows:

  • The most common identity fraud has been rose about 16% in the year 2016, which cost individual an all-time high of USD 16 billion; 
  • About 15.4 million people are affected by this kind of fraud, which is about 6.15% of the total consumers and a 2 million more from the earlier year i.e. 2015;
  • While the study was not been done exclusively for the credit cards, but the researchers made it a point that the majority of these identity thefts are predominantly linked with to the credit cards; 
  • This escalation in fraudulent activities, which is about USD 700 million more than the previous year, seems to be unspecified.

Wednesday, February 1, 2017

Use These 12 Steps For Success With Your Regulation A+ Capital Raise

Capital Raise
In any business, the resource mobilization is a crucial and most important issue and people try their best to have some positive solution of this problem. The most natural form of resource mobilization is being done by the help of IPO, Venture capital or bank syndication, the Regulation A+ is helpful in getting the right kind of support in mobilizing the fund.

There are some steps to be followed for achieving Regulation A+, which are as follows:

  1.  It is always a tough issue in front of any business or project; as the seasoned investors are usually quite skeptical about investing in new ventures. Therefore, using the Regulation A+ could be the best option to get the required fund; 
  2.  The provision of dividend or royalty to the investor, broaden up the scope of getting fund from the targeted organization. Interest payments have been considered as a major issue in the Real Estate sector; 
  3.  These days, the crowdfunding is considered as one of the most encouraging and effective forms of resource mobilization and to get it done, one has to appoint a 360-degree marketing agency for this specialized job; 
  4.  It would be a great deal if a partnership can be cemented with a syndicate of broker-dealer, which could be helpful in getting an inroad into the world of potential investors at a single move; 
  5.  The required "Testing of water" has to be done for a short period of time, otherwise; the very essence of testing the market can be jeopardized, which will eventually not been helpful in getting the financial support from the investors; 
  6.  It is often found that some auditors delay the process by taking abnormal time to get things ready, therefore, the selection of the auditor has to be done with special care, which might be of great help for the funding; 
  7.  This can be noted that the SEC use to allow the company to go for "no-minimum" offerings, which is a great advantage for the company to get at least some forms of capital investment, which might not be possible if there is any minimum level being set;
  8.  It is always been suggested that the intended company should go for the offerings; once they have sufficient fund in hand to go forward, otherwise, the move can be disastrous and harmful; 
  9.  One should not be confined their approach in the domestic market, on the contrary, an international exposure is always a very good option for mobilizing the fund and may at a lower financial cost; 
  10.  The complex terms and conditions are usually being avoided by any potential investors, therefore a simplistic and transparent approach in this regard, is always helpful in getting the support from the investors; 
  11.  The important part of the Reg A+ is the minimum level of opportunity that is being offered to the potential investors, which any investor from any part of the globe to invest, as per the capability, to the project or business; 
  12.  Try the tier 2 of Reg A+, which provides the opportunity to raise from Zero to $50 million per year for the company.