Questions Arise About Digital Euro Amid ECB Outage, Stablecoin Dominance
Many European lawmakers have advocated for the launch of the digital euro as a solution to the continued dominance of USD-backed stablecoins, but a recent outage at the European Central Bank (ECB) has raised concerns about the viability of the central bank digital currency (CBDC). Plans for the digital euro have been years in the […]
Medical Expenses, Vehicle Costs Drive Older Adults into Credit Card Debt
Many older adults carry credit card debt from month to month, but that is not necessarily a sign of profligacy. In fact, nearly half of respondents surveyed by AARP said they consistently have credit card debt, with many of the debts incurred due to unexpected expenses. Credit card debt remains the most common type of […]
Inefficient Cash Management Practices: 4 Hidden Costs Missing from Your Radar
Time is money. So, it isn’t lost on you that there’s a lot of expense involved with having your finance team log in to various bank portals, transfer balances onto spreadsheets, and perform tedious calculations just to get a handle on your cash position. But it turns out that managing cash manually and monitoring it […]