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UK-based clearing and integrated banking...

ClearBank CEO Charles McManus | Image credit: ClearBank Based in London ClearBankthe UK’s largest next-generation integrated banking and clearing platform, announced on Monday that it has raised £175 million (nearly €208.41 million) in a new round of funding. The funding round was led by funds advised by Apax Digital, the growth equity arm of Apax. […]

Commercial Bank of Ceylon wants to expan...

The Sri Lanka-based Commercial Bank of Ceylon PLC (CBC) wants to expand SME (small and medium enterprise) lending in Bangladesh with an aim to migrate small businesses to corporate status. The bank that has focused on trade and finance will now strengthen retail banking amid rising spending power of consumers. CBC Bangladesh started its operation […]

Lloyds Banking Group (NYSE:LYG) Price ta...

Lloyds Banking Group (NYSE: LYG – Get a rating) saw its price target reduced by stock analysts to JPMorgan Chase & Co. from GBX 63 ($0.83) to GBX 56 ($0.73) in a report released on Monday, Fly reports. Several other research analysts have also recently weighed in on LYG. Zacks Investment Research upgraded Lloyds Banking […]

Dock Opens Offices in Latin America Amid...

SÃO PAULO–(BUSINESS WIRE)–March 14, 2022– Dock, an innovator in fintech infrastructure in Latin America , today announced the launch of new regional offices and key growth milestones. The new offices are located in Mexico City, Mexico; Lima, Peru; Santiago, Chile; and Bogotá, Colombia. Dock is also setting up operations in Buenos Aires, Argentina, by the […]

Banking on women’s businesses to break d

March 8and, the world celebrates International Women’s Day. This year, the world is focused on marching to break down gender bias. However, as we enter the day, there are signs that celebrations should remain subdued as many women have recently suffered traumatic shocks to their economic circumstances, primarily due to COVID-19. Unfortunately, the industries that […]

Enterprise Financial Services Corp Annou...

ST. LOUIS–(BUSINESS WIRE)–March 8, 2022– Enterprise Financial Services Corp (Nasdaq: EFSC) today announced the appointment of Stephen P. Marsh and Daniel A. Rodrigues as directors of Enterprise Financial Services Corp (the “Company”) effective March 8, 2022. Each of Messrs. Marsh and Rodrigues currently serve as directors of the Company’s wholly-owned subsidiary, Enterprise Bank & Trust […]

Green Dot announces share buyback progra...

AUSTIN, Texas–(BUSINESS WIRE)–Green Dot Corporation (NYSE: GDOT) today announced that its Board of Directors has approved a stock repurchase program with authority to purchase up to $100 million of common stock. The authorization is for an indefinite period. “We are pleased to announce that our Board of Directors has authorized a $100 million share buyback […]

“Milestone Year”: Hedge Funds Reflect on

NOTat first, every UK bank has struggled over the past decade to deal with the fallout from multibillion-pound taxpayer bailouts, trading scams or devastating IT meltdowns. But few have faced as many scandals, near failures and turnaround efforts as the Co-operative Bank. During this period, the mid-sized lender nearly collapsed, its former chief executive was […]

Farmers Bank completes technical convers...

CANFIELD, Ohio — Farmers National Bank Corp. today announced that it has completed the technical conversion with Cortland Bancorp Inc. Technical conversion gives Cortland customers access to Farmers’ digital banking options, as well as its wealth management division, which includes private banking, trust, retirement, insurance and investment services , according to a press release. The […]

Foreign funds increase net purchases as ...

The Qatar Stock Exchange saw violent gyrations for most of the session on Monday as it finally closed slightly higher, mainly thanks to the insurance, real estate and banking sectors.Foreign institutions were increasingly seen as net buys as Qatar’s 20-stock index fell just two points or 0.02% to 12,670.1 points, recovering from a low intraday […]

Foreign funds increase net purchases ami...

The Ukraine crisis cast its shadow over global stock markets, which was partly reflected in generally weak sentiment on the Qatar Stock Exchange and market capitalization eroded nearly QR 8 billion this week. Despite rising net buying interest from foreign institutions, Qatar’s 20-stock index fell 0.57% this week, helping Barwa report a net profit of […]

Mobile banking adoption increases to 58%

Currencies Mobile banking adoption increases to 58% Friday, February 18, 2022 Signage shows branch banking and mobile money services in a Nyeri store. PICTURES | JOSEPH KANYI | NMG By Edna MwendaMore from this author Summary A customer satisfaction survey conducted by the Kenya Bankers Association (KBA) revealed that mobile banking was the most preferred […]

Long Beach Accelerator Offers New $500,0...

LONG BEACH, Calif.–(BUSINESS WIRE)–February 16, 2022– The Long Beach Accelerator announced a new program offering half a million dollars to past and incoming cohort members in direct equity funding for hiring talent and investments in other critical business areas for accelerate growth. This investment program is exclusive to companies and alumni of the LBA cohort […]

Nu Holdings Announces Date of Fourth Qua...

SAO PAULO–(BUSINESS WIRE)–Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), one of the world’s largest digital banking platforms and one of the world’s leading technology companies, today announced that it will host a conference call to discuss its fourth quarter 2021 financial results on Tuesday, February 22, 2022 at 5:00 p.m. Eastern Time (7:00 p.m. […]

Valkyrie Investments surpasses $1 billio...

NASHVILLE, Tenn., February 15, 2022 /PRNewswire/ — Valkyrie Investmentsa leading investment manager focused on digital assets, is delighted to announce that it has now surpassed $1 billion assets under management (AUM). Valkyrie Investments is the parent company of exchange-traded funds (ETF) sponsor Valkyrie Fundand Valkyrie Digital Assets, which focuses on institutional and accredited investors. This […]

The Fed can’t get a head start

New rules the Federal Reserve released in October to crack down on stock trading by board governors, regional presidents and senior executives seemed like a neat little bow to address a then-burgeoning scandal that, less than a month earlier had played a role in the resignation. leaders of the central bank’s Boston and Dallas satellites. […]

Financial ETFs could bet on bread and bu...

Banks could delay increasing deposit interest payments if the Federal Reserve raises rates, which could further bolster their livelihoods business and support the outlook for financial sector-linked exchange-traded funds. The Fed signaled it would raise rates in March, the first of several potential hikes in 2022. With higher interest rates, customers would typically see higher […]

Seizure of funds of Rs 288-cr from Chine...

A FEMA Competent Authority has ‘confirmed’ the seizure of funds worth Rs 288 crore from a ‘Chinese-owned’ Non-Banking Financial Company (NBFC) which lent instant loans through mobile apps and then allegedly harassed the borrowers by “misusing” their personal data. The data. An order was issued by the Commissioner of Customs in Chennai […]

Cannabis banking legislation passes the ...

Legislation allowing banks to offer credit cards, checking accounts and other financial services to legal cannabis businesses passed the US House on Friday, the sixth time the Democratic-controlled chamber has approved such a measure. the Secure and Fair Enforcement, or SAFE Banking Act was included in legislation providing federal assistance to help US manufacturers better […]

Cogent e-services files draft documents ...

Cogent e-services Ltd has filed preliminary documents with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial share sale includes a new issue of capital shares aggregating up to Rs 150 crore and an offer for sale of up to 994.68 lakh capital shares by promoters, according to the […]

Truist financial analysts raise earnings...

Seacoast Banking Co. of Florida (NASDAQ:SBCF) – Equity analysts Truist Financial raised their third-quarter 2022 earnings per share estimates for shares of Seacoast Banking Co. of Florida in a report released Monday, January 31. Truist Financial analyst Young now expects the financial services provider to post earnings of $0.53 per share for the quarter, up […]

HSBC USA Announces Four New Appointments...

NEW YORK–(BUSINESS WIRE)–February 1, 2022– HSBC Bank USA today announced the recent appointments of Deborah P. Bailey, Melvin L. Flowers, George W. Madison and Alice D. Schroeder to the boards of HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, NA (HBUS). Directors. Flowers and Madison’s appointments took effect on January 11, while Bailey […]

Lloyds Banking Group plc (NYSE:LYG) Shor...

Lloyds Banking Group plc (NYSE: LYG) benefited from a significant drop in short interest during the month of January. As of January 15, there was short interest totaling 6,150,000 shares, down 31.7% from the December 31 total of 9,000,000 shares. Based on an average daily volume of 7,830,000 shares, the day-to-cover ratio is currently 0.8 […]

Business Process as a Service (BPaaS) Ma...

Business Process as a Service (BPaaS) Market IMARC Group expects the market to reach US$101.95 billion by 2027 growing at a CAGR of 10.5% during the period 2022-2027. SHERIDAN, WYOMING, USA, Jan. 31, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Business Process as a Service (BPaaS) Market: Global Industry Trends, Share, Size […]

Lloyds Banking Group plc (NYSE:LYG) rece...

Shares of Lloyds Banking Group plc (NYSE:LYG) have been given an average rating of “Buy” by the seventeen analysts who currently cover the stock, Marketbeat.com reports. Five investment analysts rated the stock with a hold recommendation and twelve gave the company a buy recommendation. A number of brokerages have recently commented on LYG. Exane BNP […]

Novo uses funds to reinvent small busine...

Small business banking platform Novo announced that it has raised an additional $90 million for small business development, bringing its total funding round to more than $135 million. Novo has already surpassed $5 billion in lifetime transactions and will now use the new funding to develop digital banking products designed specifically to help small businesses […]

Bank earnings retain bright colors | Bu...

Credit grew nearly 14% Currently, few commercial banks are still publishing their business results in 2021, but the figures that a few banks have just announced show that they have good business results. In addition to the core business of credit, the diversification of income from services and digital transformation have also contributed to the […]

Jefferson Bank Merger Protest Creates Ne...

Illinois-based First Mid Bank & Trust agreed to operational improvements, including providing small business loan subsidies and setting up branches in underserved areas, in response to criticism that threatened to derail its project merger with Jefferson Bank and Trust. Shoot “Diversify leadership and include community voices and feedback as key to not just changing the […]

Analysts expect Columbia Banking System,...

Analysts expect Columbia Banking System, Inc. (NASDAQ:COLB) to report sales of $164.60 million for the current fiscal quarter, Zacks reports. Two analysts released earnings estimates for Columbia Banking System, with the highest sales estimate of $167.30 million and the lowest estimate of $161.90 million. Columbia Banking System posted sales of $154.67 million in the same […]

Tax Department releases rules on calcula...

NEW DELHI: The Income Tax Department has issued new rules on the calculation of tax-exempt income of offshore banking units set up in an international financial services center. The 2022 Income Tax (First Amendment) Rules, released on Friday, establish the formula for calculating the income of a fund created by the investment division of an […]

BTIG to Host Metaverse Unbound Conferenc...

NEW YORK–(BUSINESS WIRE)–BTIG announced today that the “BTIG Metaverse Unbound Conference” will take place on Wednesday, January 19, 2022. The one-day virtual event will be hosted by Mark Palmer, BTIG FinTech and Digital Asset Analyst. More than 60 companies and protocols will participate in the firm’s event. Discussion topics will include investment, branding and engagement […]

Securian Financial announces promotions ...

ST. PAUL, Minnesota – (COMMERCIAL THREAD) – Securian Financial today announced several promotions and leadership transitions to pursue its strategic priorities. The company’s three solutions groups — Individual Solutions, Affinity Solutions and Solutions for Institutional Investors — have become four, with a new Benefits Solutions group emerging from Affinity Solutions. Bruce Shay, a 37-year Securian […]

Gulf, domestic funds propel QSE above 12...

The Qatar Stock Exchange broke the 12,000 point mark on Sunday, mainly due to strong demand for the real estate, insurance and banking sectors.Gulf institutions increasingly turned to net buying as the Qatar 20-stock index rose 52 points or 0.44% to 12,011.4 points, recovering from an intraday low of 11 925 points.Domestic funds turned bullish […]

Venture Capital’s Interest in Crypto Spi

The love affair between venture capitalists and cryptos shouldn’t end anytime soon. More than 120 companies had made at least two investments in blockchain companies by mid-2018, FX Empire wrote. The interest of venture capitalists in cryptos has increased in recent years. Institutional Investor reports that venture capital firms invested $ 32.8 billion in crypto […]

Westpac Banking (NYSE: WBK) stock rating...

Westpac Bank (NYSE: WBK) was upgraded by Zacks Investment Research from a “strong sell” rating to a “conservation” rating in a research note issued to investors on Friday, Zacks.com reports. According to Zacks, “Westpac Banking Corp. provides a wide range of banking and financial services. The company provides general banking services to retail, commercial and […]

Market Perspectives: How Can RCEP Benefi...

As part of renewed efforts to establish regional trade relations, the world’s largest free trade pact, the Regional Comprehensive Economic Partnership (RCEP), entered into force on the first day of 2022 between 15 Asian countries. Member States include China, Japan, South Korea, Australia, New Zealand and 10 members of the Association of Southeast Asian Nations […]

Open banking opportunity involves data, ...

Open banking can be seen as a buzzword in the banking and payments industries. It promises new products and innovations that everyone can benefit from – banks, FinTechs, consumers and traders. But open banking is more than a product or a service; it is a choice (regulatory or dictated by the market) that allows a […]

Deadline for filing the life certificate...

Retiree Life Certificate Submission Deadline Extended to February 28 | Photo credit: BCCL New Delhi: The government has extended the period for submitting the life certificate for central government retirees until February 28, 2022, following the Covid-19 pandemic. “In view of the ongoing Covid-19 pandemic in various states and given the vulnerability of the elderly […]

Investment banking trends: the year 2022...

The year 2021 has turned out to be a rich year for investment bankers with unprecedented opportunities emerging across various verticals in finance and investment. By Jyoti Prakash Gadia The year 2021 has turned out to be a rich year for investment bankers with unprecedented opportunities emerging across various verticals in finance and investment. Despite […]

Trade setup for Indian stock markets for...

The Nifty closed flat with a positive bias over the past week amid the volatility. The 50-stock index trended downward during the last trading day of last week. Trade setup for Indian stock markets for December 27, 2021 | Photo credit: BCCL Highlights Nifty did a ‘bearish engulf’ on the last day of the week […]

The bank covers the nation but loots

The banking network has covered the country for the past 50 years, but the culture of defaulting loans in the system has become a major problem as people with political clout continue to plunder the industry. Even as delinquent and non-performing loans are on the rise, the government and the central bank have done little […]

UMB Bank selected as custodian of the CO...

KANSAS CITY, Missouri – (COMMERCIAL THREAD) – UMB Bank, na, subsidiary of UMB Financial Company (Nasdaq: UMBF), announces today that it has been selected to serve as custodian for the Colorado Local Government Liquid Asset Trust (COLOTRUST), a local government investment pool established in 1985 and accessible to all counties, Colorado towns, cities and school […]

The banking sector plays an important ro...

Information (The Jakarta Post) Jakarta ● Thu, December 16, 2021 2021-12-16 08:00 0 80b04866dbf68f0d9c7f00902f060c6f 4 Informative To free After two weeks of deliberations around the world on how best to tackle the climate, COP 26 concluded in November 2021 with results ranging from pledges for billions of climate change investments to elimination gradual negation of […]

Retail Opportunity Investments Corp. an...

SAN DIEGO, December 15, 2021 (GLOBE NEWSWIRE) – The Board of Directors of Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced today that it has concluded the board refresh and governance review it launched following its 2021 annual meeting and has appointed Zabrina Jenkins and Adrienne Banks Pitts in as independent directors, as of December 15, […]

MARKETS: Sensex at daily low; the banks...

Markets at 2:30 p.m. Live market updates: Major benchmarks were slightly in the red during late noon trades. BSE Sensex lost 91 points to 58,026 and NSE Nifty lost 37 points to 17,288. The broader indices were mixed – the BSE Midcap index was down 0.3%, while the Smallcap index was up 0.2 percent. Among […]

Equity analysts release forecast for Wes...

Westpac Banking Co. (NYSE: WBK) – Investment analysts at Jefferies Financial Group lowered their earnings per share (EPS) estimate for fiscal 2023 for shares of Westpac Banking in a report released on Friday, December 10. Jefferies Financial Group analyst B. Johnson now expects the bank to post earnings of $ 1.38 per share for the […]

6 forecasts for the bank in 2022 | Bank...

The year 2021 has brought many unexpected events. On the one hand, the country is still battling a pandemic, which many had long hoped to be over. On the other hand, stimulus checks, fintechs and social media celebrities have helped create a new class of amateur investors, who have brought previously obscure and volatile investments […]

What will be the impact on debt funds?

On December 8, the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) left policy rates unchanged and persisted in its dovish stance, citing uncertainty around the new variant of Covid. This is the ninth consecutive policy meeting in which the rate-setting group has maintained key rates. The MPC kept the repo rate (the rate […]

Neo-bank on innovation – The Bull & Bear

The COVID-19 pandemic has catalyzed technology adoption and accelerated innovation even in the most static industries. Long-standing financial institutions in the Western world have not been immune to the changing tides. With home orders limiting mobility in society, people needed online bank accounts to meet their personal banking needs and turned to a growing cohort […]

Banks and governments must step up effor...

A report by the accounting firm MNP and ATB Financial says the Indigenous economy in Alberta is a huge untapped economic resource, but many Indigenous entrepreneurs still face systemic barriers to success. Tarra Wright-Many Chief owns and operates Many Chief Tours, an ecotourism business focused on Indigenous culture and history in Calgary. She says even […]

BOK Financial announces changes in Credi...

TULSA, Oklahoma, November 23, 2021 (GLOBE NEWSWIRE) – BOK Financial has made changes within its leadership team to better position the company for growth in the years to come. Marc Maun has been appointed regional director of banking services for Arizona, Colorado, Kansas, Missouri, New Mexico and Oklahoma, and will also be responsible for cash […]

Domestic funds buy amid declining QSE tr...

Large profit taking, especially in industrial and real estate meters, slid the Qatar Stock Exchange by more than 100 points on Monday and its key barometer slipped below 10,900 levels.Nonetheless, national institutions have increasingly tended to buy net products even as the Qatar 20-stock index lost 103 points or 0.87% to 11,810.61 points, a drop […]

Why public banking is a step towards rev...

PHOTO COURTESY OF TWITTER / @ SANTIAGOAD53 The potential of public banks – or the management of taxpayer funds through state-controlled financial institutions rather than private banks – became real to me in my city council member’s office in the spring of 2019. A group of us had spread out through City Hall to talk […]

Betsy Ratto, Leader in Commercial Bankin...

In this new role, Ms. Ratto will be responsible for the creation and execution of corporate finance and capital markets operations, with a focus on the retail sector and other finance operations. . Ms. Ratto will be based at Hilco’s Boston office and will work to identify and create lending / investment opportunities through Hilco […]

Blend will participate in the CITI FinTe...

SAN FRANCISCO – (BUSINESS WIRE) – November 11, 2021– Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that Blend President Tim Mayopoulos will participate in a fireside virtual conversation at the CITI FinTech conference on Thursday, 18 November 2021. Discussion will begin at 10:30 am ET / 7:30 am PT. […]

Goldman Prepares $ 40.6 Billion for Alte...

HONG KONG (BLOOMBERG) – The Goldman Sachs Group is set to invest at least US $ 30 billion (S $ 40.6 billion) in alternative Asian assets over the next five years after reorganizing its operations and launching a aggressive campaign to raise outside funds with the aim of overtaking investment giants such as KKR & […]

Allen Winmill Joins Gateway First Bank a...

JENKS, Oklahoma .– (COMMERCIAL THREAD) – Gateway First Bank today announced the arrival of Allen Winmill, CPA, MPA, as Chief Accounting Officer. In this role, Winmill will be responsible for corporate accounting, implementation of technical accounting standards, regulatory reporting, preparation and filing of taxes and accounts payable. “Allen has been working with Gateway since mid-July […]

S&P Global Market Intelligence 2022 Bank

Released by S&P Global Market Intelligence’s Financial Institutions Research Team, the report says excess liquidity created by government relief efforts and forbearance provided by U.S. banks will remain on their balance sheets for the foreseeable future, leaving bank margins below pre-pandemic levels for the next few years. In a tough earnings environment and a changing […]

Public banking has the potential to trul...

The potential of public banks – or the management of taxpayer funds through state-controlled financial institutions rather than private banks – became real to me in my city councilor’s office in the spring of 2019. One a group of us had spread out through City Hall to talk with each board member about the benefits […]

Danske Bank UK uses Aiia to introduce mu...

North Bank Ltd., do business like Danske Bank United Kingdom, confirms its partnership with the European Open Banking platform, Ouch (acquired by Mastercard) to provide digital solutions to help its 20,000+ corporate and business customers through its merchant banking platform, District. The partnership is expected to offer Danske Bank UK clients a straightforward approach to […]

HSBC Asset Management announces changes ...

Vancouver, British Columbia – (COMMERCIAL THREAD) – HSBC Global Asset Management (Canada) Limited, manager of HSBC’s mutual funds, today announced changes to its mutual funds. The changes include a new Series D and capping its Manager Series to new investors. New D series units HSBC Global Asset Management (Canada) Limited today announced the launch of […]

COVID-19 brings Nigeria’s mobile banking

Posted November 4, 2021 The value of mobile money transactions increased to 9.72% of Nigeria’s gross domestic product in 2020, as lockdowns from the COVID-19 pandemic pushed more people into internal banking and banking. other digital transactions. However, the number of registered mobile money agent outlets per 1,000 km2 has been reduced to 141.81, according […]

BMO Investments Inc. announces changes t...

TORONTO, October 29, 2021 / CNW / – BMO Investments Inc. (the “Manager”), the manager of BMO investment funds, today announced management and administration fee reductions for certain series of securities of BMO Money Market Fund , as well as a portfolio manager and / or a change sub-advisor for certain funds. Management and Administration […]

Wells Fargo to Present at BancAnalysts A...

SAN FRANCISCO – (BUSINESS WIRE) – October 29, 2021– Wells Fargo & Company (NYSE: WFC) announced today that Consumer Lending CEO Mike Weinbach will present at the BancAnalysts Association of Boston conference on Friday, November 5, 2021 at 9:40 a.m. ET. This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20211029005075/en/ Wells Fargo Bank […]

Banks Must “Relentlessly” Focus on Corpo

Looking back, as they say, it’s 20/20. And hindsight In regards to 2020 – well, that’s a whole different thing. After the initial wild ride of the great digital hub, the compressed timeframe where years of innovation have been accelerated and embraced within months, it’s finally time to take stock and think about what could […]

Outlook: Should the US Postal Service Gr...

YES: affordable financial services would be accessible in each community at local post offices By Nicole Ndumele The U.S. Postal Service recently launched a Postal Banking Pilot Program that allows customers to cash paychecks and business checks up to $ 500 in four cities: Washington, Baltimore, the Bronx and Falls Church, Va. . This modest […]

Cooperative bank in shock merger approac...

The Co-operative Bank has taken a bold approach to a merger with TSB in a move that could spark a new wave of consolidation among mid-sized UK lenders. Sky News learned that the Co-operative Bank contacted TSB’s Spanish owner Banco Sabadell earlier this month to assess its appetite for a deal. Picture: The Spanish owner […]

Intuit launches Money by QuickBooks, a m...

Money by QuickBooks is the latest addition to QuickBooks’ comprehensive suite of solutions that help small businesses get paid and manage their cash flow. The Money by QuickBooks mobile app is now available for free on iOS and Android, designed to give entrepreneurs, freelancers and sole proprietorship start-ups full control over their money with the […]

Today in digital banking: Plaid simplifi...

Today, in the field of digital banking, the acquisition of Capricorn Digital by MFS Africa is underlined and stimulated by the Baxi payment platform. Additionally, Zelle and Fiserv have collaborated to bring real-time payments to minority depositories, and Plaid cleans account-to-account payments with a team of partners across a myriad of verticals. Zelle Partners with […]

Robert Keil, Senior Financial and Paymen...

ATTIC, Ohio – (COMMERCIAL THREAD) – Sutton Bank announced today that Robert C. Keil has joined the Bank and Sutton Payments as SVP, Chief Payments Officer. Robert will provide strategy, direction and growth initiatives to Bank Sutton’s existing payments business lines as the bank continues to expand its products and services into the market. “Robert […]

Morgan Stanley Poll: Pension Funds Pave ...

NEW YORK – (BUSINESS WIRE) – October 20, 2021– According to a new report and survey released by Morgan Stanley, while a large majority of pension funds say that including gender and race diversity in investment decisions can be financially beneficial, more than the half of asset owners globally say they think they have to […]

Retail banking needs a paradigm shift

The frenetic pace of innovation disrupting the financial sector has introduced a level of uncertainty that the sector has never faced before. New entrants and a rapidly changing business model have provided customers with a plethora of options. For many, traditional banking faces a bleak and uncertain future. However, banks can thrive in the status […]

Digital consumer credit: technology puts...

By Krishnan Vishwanathan – CEO and Founder, Kissht Banking and financial services are among the few industries to rapidly adopt technology and innovations on the go. Over the past decade, the entire industry has evolved into an automated, secure, fast, and customer-centric approach ecosystem. All this thanks to technology, today, the bank is at the […]

Flows into sustainable funds bring Liont...

Managing Director John Ions said the company generated net inflows of £ 1.1bn in the last quarter to bring the total to £ 2.1bn since the start of the fiscal year on April 1 2021. “Clients demanding a more sustainable outcome from their investments continue to drive significant flows into our funds for a sustainable […]

Nigerian Open Banking Mono Start-Up Rais...

Prakhar and I started working on Mono as a side project to fuel another side project (Muney) that we were building, to solve the problem of managing multiple bank accounts for young adults in Nigeria. We wanted to create an app that could manage all of our financial accounts in one place, but we couldn’t […]

4 top-rated thematic funds by Crisil for...

Crisil thematic programs classified 5 stars Thematic Fund 1 year SIP performance SIP performance over 3 years SIP performance over 5 years Minimum SIP amount BOI AXA Manufacturing & Infrastructure Fund – Growth 61% 38% 22% Rs. 1000 DSP Fund for Natural Resources and New Energies – Regular Plan – Growth 62% 37% 21% Rs. […]

David Dayen Details Unique Features of P...

American Prospect editor-in-chief David Dayen told Hill.TV’s “Rising” that a pilot program launched by the Postal Service last month would not only compete with the check-cashing services offered in convenience stores, but would also provide the option to purchase gift cards. The Postal Service began offering banking services at four pilot sites on September 13. […]

Collection of funds should be the top pr...

Important work was pending, and “Everyone” thought “Someone” would do it. “Anyone” could have done it, but “Nobody” did. “Someone” got angry, because that was “Everyone’s” job. “Everyone” thought “Anyone” could do it, but “Nobody” realized that “Everyone” wouldn’t. It ended with “Everybody” blaming “Somebody” while “Nobody” did what “Anybody” could do. This old satirical […]

B. Riley downgrades Seacoast Banking Co....

Seacoast Banking Co. of Florida (NASDAQ: SBCF) was downgraded by equity researchers B. Riley from a “buy” rating to a “neutral” rating in a research report released Wednesday to clients and investors, Price Targets.com reports. They currently have a price target of $ 36.00 on shares of the financial services provider. B. Riley’s target price […]

ESG: regulatory reform on the horizon? ...

With ESG (Environmental, Social and Governance) funds on a dramatic slope, a slope that should continue, it seems inevitable that regulatory reform is looming on the horizon. Europe has led the charge in integrating ESG considerations into its regulatory framework. As we seek to assess what kind of regulatory reform might be right around the […]