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Forbes

 •  December 15

From a young age, George Bousis was being groomed to take over the family business, a grocery store started by his Greek-immigrant parents in 1987, the year Bousis was born. Bousis’ father worked 24/7. As kids, Bousis and his siblings would visit their dad at the South-side Chicago store on weekends, but they also had to bag groceries or work the...

Forbes

 •  December 13

For a lot of shoppers, sharing data is like writing a Christmas list that’s poorly understood. You provide details of what you want most (virtual reality headset!), drop a few added hints (I love VR!) and then wait with excitement for the gift to arrive — only to unwrap a DVR. This disappointment cost companies $756 billion in 2016, as 41% of...

Forbes

 •  December 12

Dear Director Mulvaney, On behalf of everyday Americans and the financial technology businesses that serve them, we welcome you to the Consumer Financial Protection Bureau. We look forward to establishing a strong and cooperative working relationship under your leadership. As you already know, the CFPB was created as part of the Dodd-Frank Wall...

Forbes

 •  December 12

So far, the Trump administration has done a very good job stemming the regulatory tide. It has launched a serious reform agenda, blocked and rescinded several rules, and withdrawn hundreds of other regulations from the pipeline. Overall, the president has issued more than 50 executive orders and memoranda, two of which are aimed directly at fixing...

Forbes

 •  December 11

Your wallet might get heavier next year with more plastic and, in some cases, metal.That’s because credit card issuers are taking steps to launch more cards with better benefits — all in the hope of enticing customers to thicken their credit card portfolios.“The market is heating up. We see a lot more offers geared toward consumers who are looking for rewards,” says Rachana Bhatt, managing...

Forbes

 •  December 11

Imagine, after going on a beach vacation and posting photos about it on social media, someone tells you your pictures ended up on an escort site. This is what happened to Miss Universe Guam, a client of ours who recently discovered that her modeling photos were exploited on an escort site. This stands out as a gross violation of her privacy, but a...

Forbes

 •  December 7

At some point, we all face our own mortality. For a few of us, this, unfortunately, comes at an age that is way too young. For others, it’s well beyond what most would consider an appropriate time. Inevitably it usually takes the death of a loved one to realize that we all face that fate someday. Every culture has some form of tradition to say...

Forbes

 •  December 4

What is an e-commerce company like Overstock.com doing dabbling in cryptocurrencies?Cryptocurrencies like Bitcoin have surged in popularity this year. Private, anonymous investors have seen their holdings skyrocket to over $7,000 per unit, and other cryptocurrencies will possibly follow suit.In 2014, Overstock.com became the first major retailer to accept Bitcoin as payment. Then, just last month,...

Forbes

 •  December 1

By Teresa Meek Moving to the EMV standard for credit cards with embedded chips was supposed to decrease card fraud. Instead, the problem is growing worse. Identity theft fraud — mostly from credit card theft or hacking — rose to $16 billion in 2016, a billion dollars higher than the previous year, a study by Javelin Strategy & Research found. This...

Forbes

 •  November 30

'Tis the season for shopping online. I am penning this on Cyber Monday when shoppers are expected to spend over $3 billion. While I love to shop and do it from the comfort of my cozy office, online shopping is not without its perils. The most obvious is that we don’t want to overspend and blow our budget, but that is an article for another day. Read on for the latest phishing scams, online...