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This trivia app cancels your student debt. One woman just won $50,000

This trivia app cancels your student debt. One woman just won $50,000

Finance
Cynthia Thomas Reher is a veterinarian in Bellevue, WashingtonSource: Cynthia Thomas ReherWhere did the actor Steve McQueen live as a child? Does brackish water have more freshwater than saltwater?If you can correctly answer questions like these, you might be done with your student loans sooner than you expected.Some 400,000 people have registered with Givling, a trivia app that is helping people pay off their student debt, said Seth Beard, Givling's chief marketing officer. People are tested in pop culture, history, geography, math, chemistry and more. Users play rounds of trivia on teams of three and prizes are given out weekly.The company was founded around four years ago, but it's taken off over the last year, Beard said. More than 5,000 people have won prizes on the app, he said,...
ICICI Lombard, MobiKwik join hands to provide cyber-insurance cover of Rs 50,000

ICICI Lombard, MobiKwik join hands to provide cyber-insurance cover of Rs 50,000

Finance
NEW DELHI: ICICI Lombard and Mobikwik Monday announced a partnership to offer cyber-insurance cover of Rs 50,000 to protect against online frauds. General insurer ICICI Lombard and digital financial services platform Mobikwik said the partnership aims to provide protection against unauthorised and fraudulent transactions online, across bank accounts, debit/credit cards and mobile wallets. The cyber-insurance can be availed digitally through an app at only Rs 99 per month and with a sum insured of Rs 50,000, said a release. MobiKwik users can avail the 'Commercial Cyber Insurance' policy underwritten by ICICI Lombard and enjoy the benefit of a stress-free and secured transaction for its users who opt for this cover, it added. "This relationship with MobiKwik further strengthens ICICI Lombar...
Here's how $50,000 in student debt becomes nearly $100,000

Here's how $50,000 in student debt becomes nearly $100,000

Finance
How much people borrow to attend college can become just a small share of what they wind up owing. Currently, fewer than a quarter of student loan borrowers are repaying their principal, or the amount they originally took out, according to recent remarks made by Education Secretary Betsy DeVos at a conference on financial aid. That's because their monthly payments are just going to the interest accumulating on their debt or they're not paying anything right now. In the meantime, their debt is likely growing. ...
Amazon's 2 new headquarters will need bodies to fill 50,000 high paying jobs: Here's how to land one

Amazon's 2 new headquarters will need bodies to fill 50,000 high paying jobs: Here's how to land one

Finance
Amazon will soon have more than 50,000 jobs to fill. The company announced this month it will open two new headquarters, one in New York City, and the other in northern Virginia, and that the average salary will be more than $ 150,000. Wondering if you could be a contender? CNBC talked with former recruiters at the e-commerce giant about what candidates should expect. They spoke on the condition of anonymity because they're bound by agreements not to speak publicly about their time at the company. ...
Diwali drained Rs 50,000 crore cash from banks

Diwali drained Rs 50,000 crore cash from banks

Finance
Close to Rs 50,000 crore moved out of banks as Indian accountholders withdrew wads of cash ahead of Diwali. According to data released by the RBI, currency in circulation shot up to Rs 20.2 lakh crore as on November 9 — an increase of Rs 49,418 crore in the Diwali week, the highest growth ever outside the demonetisation period. The biggest weekly increase in currency in circulation was in the week ending January 13, 2017, which saw an additional Rs 52,786 crore flow out of banks as currency presses worked overtime to replace demonetised notes. After demonetisation, the year-on-year growth in currency in circulation had been negative for 53 weeks. The currency in circulation recovered to pre-demonetisation level of nearly Rs 18 lakh crore in March this year. While there were indications tha