Category: Finance

At the beginning of 2023, the EU implemented new reporting rules in EU Directive DAC 7 for digital platform operators everywhere, including, potentially, Israel. The EU has around 450 million affluent consumers in 27 countries. Here is an overview of DAC 7: Which platforms?  A platform is broadly defined and includes any software, such as […]

The governor of the Bank of Israel, Amir Yaron, called on Prime Minister Benjamin Netanyahu to block a bill which would require banks to pay interest on the balance of checking accounts on Tuesday, according to Globes. The bill, which was approved on Monday by the Ministerial Committee for Legislative Affairs, would have the banks […]

Competition Commissioner Michal Cohen met with Governor of the Bank of Israel Professor Amir Yaron on Thursday to discuss the possibility of declaring banks as a “concentration group,” a situation where a small number of companies or organizations dominate a particular sector or industry with little competition between them. The Competition Authority has found limited […]

Personal Capital offers a suite of investment tools and access to a financial advisor, completely free. Best of all, they let you aggregate all of your financial accounts, and then they provide an investment-related analysis of your entire portfolio. Find out more about this great service in my complete review of Personal Capital. One thing […]

You must realize that honorary degrees are given generally to people whose SAT scores were too low to get them into schools the regular way. As a matter of fact, it was my SAT scores that led me into my present vocation in life, comedy. – Neil Simon Earlier this week, we reached a milestone. […]

Bitcoin is the oldest and best known of the modern crop of digital currencies. It’s a cryptocurrency, or digital currency, not backed by any government. That makes it very different from the US dollar, and it comes with unique risks that could make Bitcoin a good or bad investment, depending on your unique investment goals. […]

When asked to name America’s greatest contribution to the world of hospitality, there isn’t one clear answer. Historians might point to the 18th-century taverns that offered food, drink, and accommodations for travelers. Hoteliers will point at the global hotel brands that dominate our world until this very day. Even utilities like room service, minibars, and […]

For many of us, the idea of making $60,000 a year is nothing short of a dream. But what does that really mean? How much is that an hour before taxes? And after taxes? What kind of lifestyle could you afford with this income? These are all questions we’ll explore in this article as we […]

A responsible digital finance ecosystem is crucial for customers Building responsible digital finance ecosystems is vital to developing consumer trust in the financial system and mitigating consumer risks, thus promoting overall financial inclusion.  CGAP is exploring this new consumer protection approach, leveraging what has been done thus far, while taking a more holistic and proactive […]

Designing financial products and services that address gendered social norms is not only a win for rural women – it’s also good for business. This is one key takeaway from myAgro’s recent experience in Senegal, where early results from two new pilots suggest that by breaking down normative barriers, the social enterprise can drive up […]