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What is a Letter of Credit – Definition, Types, and Uses

A Letter of Credit, or LC, is a financial instrument. Banks and similar institutions, such as creditworthy financial service companies, insurance companies etc., issue it as a guarantee payment for goods and services when a seller provides all acceptable documents. There are three participants in a Letter of Credit – the beneficiary, the applicant, and the issuing bank. The beneficiary is the person/company who would receive payment. The applicant is the buyer of goods and services who...

No building access control card? No problem if you have new tools

RFID card access systems are being used by most companies to let people within their complexes. But over the previous couple of years, researchers have shown how these systems can be easily bypassed.   Francis Brown, a partner at the computer security organization Bishop Fox, has recently been on the forefront of much of the research. In fact, he identified some of his tools and methods being used in the television program Mr. Robot, that can be noted for highly accurate technical...

How to Negotiate with a Pawnbroker?

A pawn shop can be an excellent place to raise some quick cash or find something that you need at a lower price. However, whether you are selling something to a pawnbroker or purchasing anything from a pawnbroker, there is always a room for negotiation. Although there is media speculation around pawnbrokers, often portrayed as shady in the press, but if you are avoiding them, for this reason, you are indeed missing out on some great deals. The fact is, all pawnbrokers are heavily administered...

Rising Trends and Career Chances in Data Analytics

You have worked really hard to achieve the "degree of your dreams". With a solid CFA degree in your possession, you begin searching for your dream role. It is a competitive world (different from your college days) out there. And you have a few choices like (Financial Advisor, Investment Banker, Portfolio Manager, Research Analyst, Risk Manager, Corporate Financial Analyst, Forex Business Analyst etc.) however so do the employers. In a global economy, your competition extends beyond your...

Mobile App Marketing

So you have an App and want to know how to market it to achieve the best results.  There are various ways to market your app and making use of the various features in a range of ways will open up many new strategies to you. Your first objective will always be to get your App downloaded by as many people as you can and offering value to their lives is the best way to do that. While push notifications are a great way to promote your business and inform customers of your products, they are...

Implement These Business Strategies and Tools to Get Best Results

Entrepreneurship is growing by leaps and bounds today. The only way to be a successful entrepreneur though is by using some of the latest tools. These are things your competition is already implementing so without them you’ll suffer in comparison. After all, as an entrepreneur, you should strive to work smarter, not harder. This is why you need to take a few moments to learn about these tools, platforms, services, and technologies – something you can start doing here. The...

Binoy Nazareth Experiences the Passion and Pleasure of Puttu

Go On A Delicious Sojourn Do you want to travel with me to discover a truly flavorsome path? It is said that one needs to share the goodness of life and I intend to do just that by taking you to a practically gourmet destination known for its quintessential and exquisite cuisine. I think by now, everyone has heard of Kerala, a land of stunning scenery, artistic culture and a culinary haven for the foodie. Interestingly enough, the cuisine of Kerala has been influenced by the Dutch, Middle...

ACCOUNTING: CURE FOR MANY BUSINESS RELATED PROBLEMS

ACCOUNTING The term Accounting is been used very widely, every organization directly or indirectly depends on accounting and helps in communicating the required information to the users. Accounting is an art of identifying, recording, classifying, measuring, summarizing, communicating and reporting the financial information.   IMPORTANCE OF ACCOUNTING In general terms, accounting helps in many management processes which includes managing planning and controlling decisions. It helps...

10 Steps to Home Renovation

  Summary: Looking to renovate your home? Here are a few steps that you can follow so that you can achieve your objective without any hassles. Every home renovation project is different. Although they may not exactly work in the same order, you may still want to follow a course that will help you avoid unnecessary work. For instance, you may not want to drill up a wall that has already been closed and painted, only to add in a new plumbing stack that you hadn’t accounted for. It...

Healthy Meal Suggestion This Winter

Winter is the time of year for a hot healthy meal in the evenings. These meal ideas will help to inspire you to create your own healthy meals that are a sure to be a winner with the whole family. Chicken, Spinach and Mango Fettuccine a taste sensation, of mangoes, white wine sauce, fresh cream, sliced chicken and spinach cooked with fresh fettuccine. Nut loaf is a great comfort food for everyone. It can be made by combining a variety of mixed nuts with chopped mixed dried fruit and 4 eggs,...


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