How Does a Mobile Wallet Work?

A mobile wallet is a digital wallet that stores your payment information on your mobile device. You can use a mobile wallet to pay for goods and services in-store, online, or in-app. To pay, you simply hold your device up to a contactless payment terminal and your payment will be processed automatically. Most mobile wallets … Read more

Altman Z-Score: What It Is, Formula, How to Interpret Results.

Altman Z-Score: Formula, Interpretation How high can an Altman Z-score be? The Altman Z-score is a financial ratio that is used to predict the probability of bankruptcy for a publicly traded company. The Altman Z-score is calculated using a formula that takes into account five different financial ratios: 1. Working capital / total assets 2. … Read more

What Is a Gig Economy?

The gig economy is a labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs. Gig economy workers are typically paid per task, project, or job, and do not receive traditional employee benefits such as paid time off or health insurance. The term “gig economy” is often used … Read more