Finance & Business

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APAC Financial Institutions Fight With Security Cause by Accelerated Digital Change

Finance & Business, Financial Technology, Tech /

An accelerated rate of change Financial institutions throughout Asia-Pacific (APAC) are rushing ahead of their peers throughout Europe and North America when it concerns digital transformation, leading software supplier ITRS Group’s most up-to-date data reveals. However, amid this accelerated rate of change, avoiding prolonged durations of unplanned downtime remains an obstacle for companies in the […]

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Credit Suisse Under Scrutiny Over Culture After Client Data Leaks

Banking, Finance & Business, Tech /

Credit Suisse faces fresh scrutiny from Swiss regulators and the European Parliament after leaked data purported to reveal the bank had served human rights abusers, corrupt politicians, and businessmen under sanctions for decades. Credit Suisse is under fire The Swiss bank denied any wrongdoing and stated it “strongly rejects” the allegations published by dozens of

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Tanzanian Fintech Nala Raises $10M from Monzo and Robinhood Founders

Finance & Business, Financial Technology, Tech /

NALA, Founded by Tanzanian Benjamin Fernandes (Founder &; CEO). Led alongside Nicolas Esteves (CTO) and Nicolas Eddy (COO), raised $10m round backed by Amplo, Accel, and Bessemer Partners with participation from Angels such as Jonas, the co-founder & CTO of Monzo, Robinhood founder Vlad, Laura, the co-founder of Alloy, Deel founder Alex Boaziz and Peeyush

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Banks Weathered Pandemic Shock, Says Economic Survey

Banking, Finance & Business, Tech /

Until now, the commercial banking system has weathered the pandemic shock even if there are some looming effects, claimed the 2022 Economic Survey tabled in Parliament on January 24. According to the survey, the gross non-performing advances proportion of Scheduled Commercial Banks (SCBs) kept decreasing from 11.2 percent in 2017-18 to 6.9 percent by September

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Using a Debit Card for Holiday Purchases? Here’s Why a Consumer Advocate Says You Shouldn’t

Banking, Finance & Business, Tech /

What is a debit card? Though it’s likely that you already know what a debit card is, just in case: Debit cards are a type of payment instrument provided by banks and other depository institutions that are connected to checking accounts. Debit card purchases can be made in person at a store, online, or over

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Three Leading Fintech Trends to Enjoy in 2022

Financial Technology /

As the fintech space creates, 2022 will undoubtedly see interruption from 3 major finserve and banking sectors. While the obstacles of an electronic makeover have dominated mainly 2020 and 2021, 2022 looks set to be the stabilizing year regarding new typical service tasks. The significant hurdles of functioning remotely, swapping systems to digital systems, and

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Wharton Professor Explains What All the Buzz Around Bitcoin is About

Cryptocurrency, Finance & Business, Tech /

The Wharton School’s Mauro Guillén, a professor of international management, responds to inquiries about the increased interest. Elon Musk energized the possibilities for Bitcoin stock earlier this month when he promised that Tesla, Inc. will soon accept payment for its electric vehicles in the much-discussed but little-known currency. Mauro Guillén, previously the head of the

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Bitcoin: Why Its Worth Has Rocketed Once Again

Cryptocurrency, Finance & Business, Tech /

Bitcoin’s journey into mainstream finance has achieved another significant milestone– another record price. The cryptocurrency was trading at US$ 66,975 (₤ 48,456), after the launch of an exchange-traded fund (ETF), which has dramatically raised bitcoin’s direct exposure to investors. The fund, that opened on October 19, permits investors to speculate on the future value of

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What’s the Buzz About Bitcoin Cryptocurrency and Blockchain Technology?

Blockchain /

We understand Elon Musk is a fan; however, what is all the fuss around, and when will the Bitcoin bubble burst? Comparable to the stock market, the cryptocurrency market is regularly subjected to extreme cost variations– both upwards and downwards. Tesla recently buying $1.5 billion worth of Bitcoin is simply one example of how the

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