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Money security


If you are inclined to take advantage of the sales this year, with the holiday shopping season starting early, it’s the season to be extra vigilant about your personal information. More than 91% of American adults have put their personal data at risk at some point this year, according to a new report from Bankrate.com. …

Dar es Salaam. A Global company RegTech (which deals with managing regulatory processes within the financial sector through technology) has established its mobile money compliance platform in Tanzania as part of a deliberate effort to further strengthen the security of the country’s mobile money transactions. Global Voice Group (GVG) has set up its M3 platform …

A file photo of Turkish President Recep Tayyip Erdogan. | Photo: Jeenah Moon / Bloomberg Text size: A- A + Srinagar: Security forces and agencies have signaled Turkey’s growing influence in Kashmir and are closely monitoring money coming from the West Asian country which has become more focused on the region, ThePrint has learned. Sources …

Dealing with a client in financial difficulty requires both vigilance and creativity. Vigilance is essential, as close monitoring of a customer’s payment history and overall financial position will indicate whether a supplier needs to take additional steps to protect themselves. Creativity comes into play in deciding what kinds of protections are possible and appropriate in …

The Ministry of Employment and Labor will organize a seminar on the private security sector next week (June 26), as it has identified the sector as “high risk” with regard to compliance with labor laws. . The department noted that the industry has experienced “unprecedented growth” in recent years due to high levels of crime. …

In a typical secured credit facility, a lender provides a loan to a borrower secured by all of the borrower’s assets, including any property acquired after the loan was closed. On closing, the lender files a UCC funding statement in the appropriate jurisdiction to ensure that they have a perfect first priority lien in the …

What is Purchase Price Guarantee Interest (PMSI)? The term purchase guarantee (PMSI) refers to a legal claim that allows a lender to either repossess property financed with their loan, or to demand repayment in cash if the borrower defaults. It gives priority to the lender over claims made by other creditors. In simpler terms, a …

A recent decision of the Court of Queen’s Bench of Alberta1 has raised some questions about the proceeds of the Purchase Price Collateral (“PMSI”) and the cross-collateralization of assets secured by these types of collateral. sureties. It has been suggested that this decision is unique and establishes that the use of a PMSI as collateral …