Tag: US

British Travelers to US Have to Forfeit Social Media Passwords and Other Sensitive Data

As a part of the Trump administration’s vetting process, travelers from European countries including the UK, France and Germany could be subjected to extensive security protocols in US-based airports. According to the US Customs and Border Patrol (CBP), travelers from the three countries could be asked to forfeit passwords of social media accounts and phone numbers amongst other sensitive data. In an interview, representatives of CBP stated: “All international travellers …
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Electronic Frontier Foundation Tries to Raise Awareness on Internet Privacy

While millions of people are still trying to assimilate the fact that Donald Trump won the election, in the United States a movement of concerned activists is trying to warn the incoming administration and the general public about the dangers of massive state surveillance and privacy violations. President-elect Donald J. Trump made radical promises when he ran for office. The billionaire might sign policies that could compromise the rights of …
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US Cash Usage To Dip Below 25% By 2026

It is evident that virtually every country in the world will see a decline in cash usage. This is not all that surprising, as cash is one of the least efficient ways to transfer value. Digital payments, plastic cards, and other tools add more convenience, yet put more power into the hands of the banks. New research indicates that the US may soon consider getting rid of large denomination banknotes. …
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Cash Remittances From US To Mexico Increase Significantly

The financial sector is a very interesting creature when taking all things into consideration. Despite presidential candidate Donald Trump threatening to cut off remittance cash flow from the US to Mexico, it appears that more Mexicans are receiving cash than ever before. In fact, the number of transfers has increased by as much as 25% in 2016 so far. One Does Not Stop Remittance With Idle Threats When people flap …
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