China’s Predatory Lending
February 12, 2025
In the past few years, the online grocery shopping space has grown by leaps and bounds. Customers have generally been inclined towards online delivery because of the convenience that it offers. The spread of the coronavirus pandemic has also accelerated this trend. It is estimated that 10% of all grocery sales which happened in 2021 […]
For any startup financing to be successful, the startup company and the investors need to be on the same page about a lot of issues. This is because, in the absence of this understanding, valuation divergence can be a quagmire of ever-escalating tensions between the two parties. One major source of conflict between these two […]
The dividend discount model also has its fair share of criticism. While some have hailed it as being indisputable and being not subjective, recent academicians and practitioners have come up with arguments that make you believe the exact opposite. Recent studies have unearthed some glaring flaws in what was considered to be a perfect valuation […]
Sporting franchises are often said to be confused about what their objectives should be. One chain of thought believes that since they are businesses, their objectives should also be financial in nature. This means that their objectives should also be about profit maximization or wealth maximization. On the other hand, there is a different chain […]
Corporate taxes form a significant portion of the expenses borne by multinational corporations. These corporations are almost obsessed with efficiency. They continuously try to reduce their expenses so that their profitability can be increased. This is the reason why these companies are very sensitive even to minor changes in the tax regime. In this article, […]
With the advent of internet banking, a large part of the services that are offered by banks can be provided online as well. Therefore, a lot of entrepreneurs were of the opinion that brick and mortar banks have become obsolete in retail banking just as brick and mortar stores have become obsolete in retail sector. As a result, a lot of internet only banks came into existence.
Internet only banks do not have any physical infrastructure. Instead, they invest in high end computer infrastructure that allows them to serve their customers in better and faster ways. Many internet only banks have been granted charters in the United States in the 2000’s. They are a new breed of banks and customers are still experimenting with them.
Internet branches have their own advantages as well as disadvantages. Some of them have been listed as follows:
Security analysts have always been one step behind hackers. New and more complex techniques are routinely being developed to hack into other people’s bank accounts. As such, internet only banks do face a larger security threat.
People prefer to give money to people that they trust, people they can visit when required and be assured that their money is safe. Since internet only banks cannot provide this facility, they are lagging behind brick and mortar banks at this stage.
Your email address will not be published. Required fields are marked *