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237 Results found for "Finance and Banking News"
29 May 2015
A major collaboration in the mobile money market has been created by Huawei and Safaricom, with Huawei's Mobile Money Platform fully supporting Safaricom's M-PESA service. Safaricom, which is part ...
13 May 2015
A new gold backed coin in the global cryptocurrency market has been announced to be released on May 25. This cryptocurrency called "Hayek" will be different to the vast majority of its co...
1 May 2015
Commonwealth Bank in Australia have just announced that Apple Watch users in the country will be able to perform a range of banking functions on their new Smart device. The new CommBank app made es...
7 April 2015
An innovative mobile ordering company has secured a US$22mn investment from a group of venture capitalists led by Qualcomm Ventures, as well as DCM Ventures, Kinzon Capital, Khosla Ventures and Car...
1 April 2015
Europe online payment methods market players The PPRO Group and Alipay are set to partner on new payment options for AliExpress consumers in Europe. The PPRO Group will work on providing credit or ...
2 February 2015
According to Tim Cook, CEO of Apple, 2015 is set to be 'the year of Apple Pay', the technology giant's new payments platform. The innovation, which allows users contactless payment without their cr...
21 January 2015
The Oxfam Wealth report published earlier this week says that the world's richest 1% will soon own more wealth than the rest of the world combined, and that the United States is home to 30% of the ...
19 January 2015
The number of billionaires rose 7% last year, to 2,325 creating a new record of ultra high net worth individuals (or UHNWIs). Meanwhile, the combined wealth of billionaires rose even faster, by 12%...
15 January 2015
The widespread usage of smart phones in the United States has had a major effect on many traditional industries, from newspapers to transportation. Now Rosemont based Wintrust Financial has introdu...
30 December 2014
Online retail sales grew by 25 per cent this holiday season, according to the Brazilian Association of Shopkeepers (ALSHOP).E-commerce is estimated to have earned R$3.85 billion (US$ 1.42 bn...
24 December 2014
Only a few years ago the main users of prepaid cards in developed countries, such as the United States, were people on limited incomes that had lower credit scores than the average. However, the gl...
19 December 2014
Latest data from the European Insurance and Occupational Pensions Authority (EIOPA), published this week, shows that the global reinsurance market continued to grow in Q2 2014. Global reinsurer cap...
4 December 2014
Why do poor people stay poor? How do households save and build assets? How can institutions overcome market failures? Why doesn't capital flow naturally from more affluent individuals to poorer ind...
27 November 2014
Apart from ECB chief Mario Draghi's "we will do what we must" speech and a commitment towards further direct asset purchases, last week's other key policy tailwind came from China. At the...
25 November 2014
Innovation in the payment system has always been driven by technology and consumer demand for more efficient ways of paying for things. In the 1970s, credit cards were at the forefront of innovatio...
21 November 2014
Brazil's insurance market has experienced strong market performance in spite of weak GDP growth. Reinsurance market is also growing in spite of weak economic performance. It is an important market,...
17 November 2014
As more consumers turn to a digital platform for their financial services, financial services companies are focusing on the digital media sector of marketing to increase revenues. In a new e...
23 October 2014
Launched earlier this week on iPhone 6 devices, the new Apple Pay system is the latest technological development in the mobile payments industry. As banking institutions and start-ups increa...
8 October 2014
The E-Ccommerce and online payments market is to see two now separate companies as eBay and PayPal decide on a tactical split. The B2C E-Commerce market continues to grow worldwide, particul...
7 October 2014
The introduction of Basel III framework sought to improve regulation and enhance minimum capital levels for banks, hedge funds, financial intermediaries and bank holding companies.Basel III ...
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