5 technologies revolutionizing financial services
finance

5 technologies revolutionizing financial services

For any industry to sustain itself in today’s world, implementing digital strategies has become indispensable. This holds particularly true for the financial services industry. The good news is that digital transformation in financial services has already begun, and we’ll likely see more and more innovative technologies underpinning banking and financial institutions in the coming years. Keep reading to learn about the latest digital transformation trends in the financial services industry. Big data and artificial intelligence The combination of big data and artificial intelligence is a revolutionary digital strategy that is shaping the future of banking and financial services. The technology helps institutions process, store, and drive valuable insights from the data they gather from their customers’ activities. Big data and artificial intelligence allow institutions to create a highly personalized experience, helping businesses attract and retain customers. Blockchain Blockchain is a fairly new technology that is becoming increasingly popular in the financial services industry. With blockchain technology, all transactions are permanently stored in the blockchain network, providing the highest level of transparency and security. Nobody can tamper with these transactions, which nearly eliminates the risk of error and fraud. Besides security, the technology is being explored for use in a wide variety of banking and investment applications.
5 easy steps to make a successful VA loan application
finance

5 easy steps to make a successful VA loan application

Veterans or those on active duty can avail of VA loans for any financing purposes. The federal government guarantees these loans. However, to get them, there are specific steps to be followed for successful application. These steps include everything from looking for the best VA loan lenders to maintaining a stable credit score. Here are a few easy steps to make a successful loan application for veterans. 1. Get preapproval for the VA loan With preapproval, you can determine your budget. This process involves telling your VA loan lender about your homebuying goals, employment history, and military service. Some documents required during this process include copies of your driver’s license, DD-214 or Guard/Reserve points statements, recent pay stubs, and bank statements. 2. Look for VA-approved loan lenders Always shop for a lender who is an active participant in the VA loan program. The best VA loan lenders would offer several options and deals. The deals generally differ based on discount points, interest rates, and VA closing costs. If you face any difficulty, a loan officer can help you find the right VA loan lender. 3. Get an eligibility certificate A certificate of eligibility or COE is proof that you have met all the eligibility criteria for the VA loan.
5 reasons to get commercial vehicle insurance
finance

5 reasons to get commercial vehicle insurance

Insurance helps cover unexpected costs and liabilities that may incur in the future. Investing in a decent insurance policy also protects your assets, be it rental or owned. If you are a business owner and own or rent vehicles that transport goods and consumables, you must invest in commercial vehicle insurance for the following reasons. There are several monetary benefits, some that also save tax in the long run. Some of them are mentioned below: Get additional cover Your regular auto insurance may not cover all costs that arise out of accidents or personal injury involving commercial vehicles. Also, most personal auto insurance policies are not valid for liabilities accrued out of vehicles used for business purposes. This is where commercial truck insurance will provide customized, comprehensive insurance suited to your business needs. Follow regulations The law in many states requires business owners to get a commercial vehicle insurance policy. The insurance is mandatory if your business transports goods and hauls heavy-duty equipment. Even if your company provides service from a vehicle, your auto insurance policy will not cover the liabilities. Any business, partnership, or corporation that owns vehicles for commercial use must buy this additional cover. Customized coverage One of the main advantages of buying commercial insurance is that you get custom cover for specific damage, repairs, or the replacement of certain parts.
Know the basics of VA streamline refinancing
finance

Know the basics of VA streamline refinancing

Veterans and military families can opt for refinancing offers that give homeowners an option to reduce the ongoing interest rate. VA Interest Rate Reduction Refinance Loan (IRRRL), also known as VA Streamline, is the simplest refinance option, which involves minimal paperwork and overhead costs. However, despite the substantial benefits every scheme is different, and it must be thoroughly discussed with an expert. What are the benefits of IRRRL? The interest rates will be fixed, contrarily to how they usually fluctuate depending on the market rate. Additionally, there’s the benefit of monthly payment savings once a family signs up for VA Interest Rate Reduction Refinance Loan. While the VA borrowers are entitled to 0.5 percent funding fee, that too can be waived off under certain conditions. If the veteran develops a disability due to their service, and is not compensated nor given retirement, the family surviving them are entitled to this benefit. How does IRRRL affect the year term? With the help of this VA IRRRL the term year of a loan can be adjusted. If your term loan is of 30 years, one can bring down the term to 15 years. However, the monthly payments will be increased. So, it’s recommended that one must calculate the monthly payment and the interest cost over 20 years to understand what’s a better choice.
4 reasons for mortgage refinancing
finance

4 reasons for mortgage refinancing

If mortgage refinancing (mtg refi) rates today are low, many homeowners will rush to refinance their mortgages. It is quite appealing to opt for mortgage refinancing when one can secure a lower rate. This often helps in lowering monthly payments. In addition, refinancing helps pay off the mortgage quicker; some even cash out the equity on their home. Here are few reasons why one should consider mortgage refinancing: Get a lower interest rate If mtg refi rates are low, getting a mortgage refinancing makes complete sense. This is because the interest rate on the existing mortgage will get lower. There can be a saving of nearly 1 to 2 percent. With lower interest rates through refinancing, one can save money. Moreover, there will be an increase in the rate of building equity on the house. In addition, monthly payments will become lower. It is usually recommended to opt for refinancing when the interest rate can be lowered by a minimum of 2 percent. Reduce the loan term Whenever mtg refi rates fall, homeowners can take the opportunity to get a shorter loan term on an existing loan. However, there won’t be much change in the monthly payments in such cases.
4 apps you can use as a side hustle to earn quick cash
finance

4 apps you can use as a side hustle to earn quick cash

Earning a few quick bucks apart from your primary source of income is always helpful. Whether for selling used items or a side hustle, the internet is brimming with websites and apps that let you make money. However, many of these are not as legitimate as they appear. So, if you want to earn cash with apps, here are the best options. Swagbucks This app has an A rating with Better Business Bureau and more than 10 million active users worldwide. It is one of the best apps that lets you earn cash quickly. Swagbucks offers $10 to new users as a welcome bonus. Besides, it is easy to use; all you need to do is watch videos, play games, or take part in search surveys, and the company will deposit the amount in your PayPal account. Swagbucks also gives you the option to redeem the money and use it as a gift card on shopping websites. Dosh If you are an avid shopper and want to earn cash with apps, Dosh is one of the best options for you. Available on both Android and iOS, Dosh lets you make money every time you use your card for shopping online or at walk-in stores.
5 trusted websites to make money online
finance

5 trusted websites to make money online

Making money online has never been easier! The ever-expanding online world is swamped with legit opportunities that’ll help add some extra bucks to your bank from the comfort of your home. And, the best part is that you don’t always need to have certain skills or qualifications to earn money. Don’t believe us? We’ve compiled a list of trustworthy websites that can help you make money online. Try them! Swagbucks If you have a hard time trusting online survey sites, you likely haven’t tried Swagbucks. It is one of the most popular and legitimate websites that will pay you for everything from filling out surveys to watching videos to shopping online. You will receive your earnings in the form of gift cards from top retailers like Amazon and Walmart or cash back from PayPal. Upwork Interested in taking up some freelance work? Consider creating an account on Upwork. It’s the world’s largest online marketplace to find great clients and grow your independent career. Regardless of what skill you have, be it writing, video editing, software development, graphic designing, or marketing, you can find work in no time. ThredUp If you’re looking for motivation to clean up your closet, then check out ThredUp.
Gold and silver – 5 ways to invest
finance

Gold and silver – 5 ways to invest

When we think of precious metals, gold and silver are two names that come first to the mind. Seasoned investors usually put their capital in these two metals to safeguard against the volatile stock market and inflation. Even central banks and other government entities choose to invest in precious metals. The US government is the largest investor of gold stocks in the world. But finding the best place to buy silver and gold may be difficult for beginners. Let’s take a look a the different modes of investment for these two precious metals. Exchange-traded funds (ETFs) There are many ETFs in the market. You can buy gold and silver from the stock market, just like any regular stock. Since the supply of mines is outweighed by hoarded supply in gold, its prices will only fall when hoarders sell and vice-versa. Beginners should start by looking into iShares Gold and Silver Trusts. Bullion Traditional buyers usually prefer to buy gold and silver coins in their physical form. The best place to buy silver and gold bullion coins is the US mint, or you can contact any local coin supplier. The American Eagle, Canadian Maple Leaf, and South African Krugerrand contain certain proportions of gold depending on the currency value.
A 3-step guide to selling a timeshare
finance

A 3-step guide to selling a timeshare

A timeshare is shared ownership of a property, wherein multiple individuals own a “share” of a particular home or property in return for its access for a stipulated period, typically once a year. Investors may sometimes wish to sell their timeshare for various reasons, like the inability to pay for travel or illness. If you want a release from your timeshare ownership, you must consider a few things to sell it fast and safe. 1. Determine the value Owning a timeshare means you have essentially paid for a set number of vacation days upfront. A timeshare’s value decreases over time, unlike real estate, so it should not be purchased as an investment. Additionally, you need to have realistic expectations while reselling it. It is quite likely that the resale value will be lower than the price you paid while originally buying the timeshare. Some owners simply return their timeshares to the property managers without asking for any money, but if you wish to get back at least something, you can determine the value of a timeshare by researching the resort it is located in and checking the prices of similar timeshares currently up for sale. The valuation depends on the location, maintenance, and how long you have owned it.
4 services Medicare does not cover
finance

4 services Medicare does not cover

Medicare is a health insurance program issued by the government. The program covers people aged 65 or older, certain people with disabilities, and patients with end-stage renal diseases. It encompasses several plans and is divided into four parts with certain services – A, B, C, and D. Out of these, Part A is free for those who’ve paid Medicare taxes for at least ten years, but the others have to pay a premium. Even though the program is helpful for many, some Medicare plans are complicated in terms of coverage. This makes it difficult to understand. They might cover various aspects of health care, but many conditions are not covered as well, some of which include: Dental care Medicare plans may cover basic health care services and X-rays, but they have a limit of $1,500 annually. Medicare plans may not cover routine dental checkups and treatment of certain dental services. They also do not cover dentures and fillings. However, in the case of emergency hospitalization, patients can use Part A to pay off certain dental services. Long-term hospitalization Usually, all Medicare plans cover up to 90 days of hospitalization. The benefit period begins on the first inpatient day at a hospital or nursing facility and ends when inpatient care isn’t received for more than 60 days.

Top Articles

Symptoms, causes, and risks of peptic ulcer
health

Symptoms, causes, and risks of peptic ulcer

Peptic ulcer affects about 4.6 million Americans every year. Peptic ulcer results in open sores forming on the upper portion of the small intestine and the inside lining of the stomach. The first one is known as the duodenal ulcer, and the second type is known as a gastric ulcer. Read on to know more about its symptoms, causes, and risks associated with this condition. Symptoms of peptic ulcer If you feel a burning pain in the stomach, then it can be a sign of peptic ulcers, as it is the most common symptom of the disease. The pain can get worse at night or between meals. The acid in your stomach makes it worse. Other than the pain, some other common symptoms of peptic ulcers include feeling bloated or full, intolerance to fatty food, nausea, and heartburn. Apart from these, the other signs may include: Vomiting with the presence of blood Presence of dark blood in the stool Trouble in breathing Feeling faint Nausea Sudden weight loss Change in appetite Taking acid blockers can relieve the pain temporarily. If it keeps coming back, you need to contact your doctor. Causes of peptic ulcer Stomach conditions may have a variety of causes, which is true for peptic ulcers too.
Heart disease – Symptoms, causes, and risk factors
health

Heart disease – Symptoms, causes, and risk factors

Several diseases are included under the umbrella term of heart diseases and are also called cardiovascular diseases. They lead to the blood vessels becoming narrow or getting blocked, which, in turn, can result in a heart attack or stroke or cause pain in the chest. Other heart conditions affect the heart’s muscle, rhythm, or valve. Symptoms The symptoms vary according to the condition diagnosed. The symptoms of common cardiovascular diseases are discussed below. Symptoms of atherosclerotic disease Pain in the chest or feeling a sense of tightness or discomfort in the area Shortness of breath Limbs feeling numb or severely cold if the blood vessels have narrowed in the area, as it affects blood circulation Pain in the jaw, back, upper abdomen, or neck Symptoms of abnormality in the heartbeat or arrhythmia Fluttering sensation in the chest Racing or slow heartbeat Discomfort or pain in the chest Feeling dizzy or fainting Light-headedness Symptoms of heart defects or related conditions Skin color turning blue or pale gray Abdominal swelling or swelling in the area surrounding the eyes Shortness of breath while feedings in case of an infant Symptoms of dilated cardiomyopathy Breathlessness Swelling in the legs, feet, and ankles Feeling a sense of fatigue and dizziness Irregular heartbeat Symptoms related to heart infections Fever Shortness of breath Feeling weak Change in the heart rhythm Persistent cough Skin rashes Causes The causes vary depending on the type of heart disease one is affected with.
Symptoms, causes, and risk factors of immune system disorder
health

Symptoms, causes, and risk factors of immune system disorder

The immune system is referred to as the defense system that protects the body against different kinds of diseases. The stronger the immune system, the higher will be the chances of the body staying away from diseases. Suffering from immunodeficiency or immune system disorder is a cause of concern and must be immediately addressed. Symptoms Cold hands If the blood vessels suffer from inflammation, it gets difficult for the ears, toes, fingers, and nose to stay warm. The affected portion of the skin turns white. Slowly, the color changes into blue when these areas are further exposed to some cold object or atmosphere. When the flow of the blood becomes normal, the skin turns back to red. Medical experts refer to this as the Raynaud’s phenomenon. It is one of the most commonly observed symptoms of immune system disorder. Dry eyes When a person is suffering from an autoimmune disorder, his immune system, instead of protecting his body against diseases, attacks it. Lupus and rheumatoid arthritis are two of the most common examples of this condition. People who suffer from an autoimmune disorder tend to have dry eyes. The person will feel the presence of some grainy object when this happens.
Common joint conditions and their symptoms and risk factors
health

Common joint conditions and their symptoms and risk factors

Joint conditions are commonly associated with increasing age, but they can also be a result of injuries or may develop due to other medical conditions affecting bone and joint health. Arthritis, a commonly diagnosed joint condition, has over 200 types. Depending on the severity of the disease, these conditions can also affect a patient’s quality of life. Read on to know the symptoms, causes, and factors that increase one’s risk of developing joint conditions. Symptoms of joint conditions The following are some of the symptoms that most joint conditions are accompanied by: Joint stiffness Weakness in the joints Inflammation, swelling, and redness of the affected joint Limping due to pain and stiffness Joint getting locked Tearing of the cartilage Commonly-diagnosed joint conditions and their causes Osteoarthritis This form of arthritis involves the wear-and-tear of the joint’s cartilage, which means the risk of developing this disease elevates with age. The cartilage plays the role of a cushion between the bones in order to prevent friction that can cause damage. Damaged cartilage due to this condition results in the bones losing their protection and clashing, causing pain and restricting movement and flexibility. This usually occurs gradually, but it can also develop suddenly in the case of an infection or injury.
All you need to know about menopause
health

All you need to know about menopause

Menopause marks the end of a woman’s menstrual cycles. It is typically diagnosed after a year of no menstrual periods, but it begins much before that. Menopause occurs in your forties and even fifties, but the average age when it occurs in the US is 51. While it is a natural and biological process, the physical symptoms and the hot flashes may cause disruptions in your sleep and even affect your emotional health in general. There are plenty of treatments available. But, to get started, you need to know what the condition looks and feels like. Here are the symptoms, causes, and complications related to menopause. Symptoms of menopause In the time leading up to menopause, you may experience some common symptoms such as irregularity in periods, dryness in the vagina, as well as hot flashes. Some people also experience chills, sleep problems, mood swings, and night sweats. Weight gain and slowed metabolism are two other symptoms that commonly occur with menopause. Menopausal women may even experience dry skin and thinning hair on a regular basis. However, this is not to say that all women experience these symptoms. Different women go through different issues. Depending on your health in general, you may experience varying levels of symptoms.
Mental health conditions – What you should know
health

Mental health conditions – What you should know

Millions of people live with different types of mental illnesses and health problems. These include obsessive-compulsive disorder, social anxiety, and personality disorders. All of these come under the umbrella of mental health. In this article, we will cover the symptoms, causes, and risk factors of some common mental health disorders such as obsessive-compulsive disorder (OCD), post-traumatic stress disorder (PTSD), and clinical depression to help you understand them better. Symptoms The common symptoms of mental health disorders include: Obsessive-compulsive disorder People with OCD may present the following symptoms: Constant fear of contamination and extra emphasis on cleanliness Signs of hoarding and counting belongings continuously Signs of excessive concern toward personal safety Post-traumatic stress disorder Somebody suffering from PTSD may show the following symptoms: Constantly suffering through intrusive memories Negative patterns in mood and mindset Trying to avoid thinking of the traumatic event Feeling changes in emotional and physical reactions Clinical depression The symptoms of clinical depression include: Being moody and experiencing different emotions, such as aggressiveness, anxiousness, and restlessness Adverse effect on sexual life A decline of cognitive abilities Poor sleep patterns If you notice any of these symptoms, we recommend consulting with a mental health doctor immediately. Causes The common causes of any mental health disorder include the following: