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234 Results found for "Finance and Banking News"
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...
16 September 2014
Ghana's insurance industry is in a tough spot. On the one hand, it tries to tempt investors with the promise of high growth, having posted one of the highest growth rates in Africa. During 2009-13 ...
16 May 2012
It was announced today that Barclays has unveiled its new Scan and Send system, allowing mortgage brokers to electronically submit documents and intended to speed up the mortgage application proces...
28 October 2011
The number of ATM cards in circulation grew by 5% in 2011 to reach 112 million. After witnessing strong growth in the past few years, there were minimal increases in the number of ATMs in 2010 and ...
12 June 2013
2012 saw transaction values within the Italian debit card market increase by 3% throughout the year, reaching a value of €91 billion.In terms of circulation, the number of debit cards reache...
10 February 2011
American International Group (AIG) has announced that it expects to record a $4.1 billion charge for the fourth quarter of 2010 to boost loss reserves in its Chartis property and casualty insurance...
20 November 2013
The aircraft financing market has been forecast to increase at a compound annual growth rate (CAGR) of 7.27% through 2016, driven by the growth in aircraft replacements, and the reduced dependence ...
8 May 2012
Allianz SE and Western Union Company have signed a Memorandum of Understanding to develop, design and distribute insurance products in several countries around the world.Allianz and Western ...
14 May 2012
Ally Financial Inc. announced today key strategic actions aimed at strengthening the company's longer term financial profile and accelerating repayment of the US Treasury's investment. The actions ...
6 May 2011
US government owned rail company, Amtrak, has confirmed that it has awarded the USA's fifth largest banking institution, U.S. Bank, with a contract to provide its payment and travel card services f...
12 April 2013
The anti-money laundering market has been forecast to increase at a compound annual growth rate (CAGR) of 11.3% through to 2016, driven by the increase in regulatory compliance requirements and an ...
12 July 2010
Mergers & Acquisitions
Aon Corp is t...
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...
9 June 2014
Approvals by all UK-resident mortgage lenders (Banco Santander, RBS, Barclays, HSBC, Lloyds and Nationwide) for house purchase continue to rise. The economy is in a healthier shape than it was last...
27 October 2011
The card payment market in Asia Pacific represents the third largest worldwide with US$2.9 trillion in card payment volume, but is expected to move to second position by 2016 with US$4.7 trillion i...
14 July 2014
One of the key regulatory drivers for market activity in Indonesia has been the authorisation of the Indonesian Financial Services Authority (FSA) to regulate and supervise financial sectors. This ...
13 June 2014
Modern insurance companies and pension funds constitute a large part of the institutional investor space. With combined industry assets of approximately $40 trillion, these institutions play a fund...
16 July 2014
Mobile commerce (M-commerce) is an important part of the electronic financial services sector. Mobile acceptance is surging and a shift in the mobile payment profile is correlated with significant ...
6 August 2014
Yet another banking scandal has erupted in Vietnam. In a report released last month, the state auditor had discovered that two-thirds of Vietnam's commercial banks exceeded the 3% "bad debt&qu...
13 June 2012
Mergers & Acquisitions
It was announced today that a definitive agreement for the takeover of Asuransi Jaya Proteksi in Indonesia, has been completed by ACE Limited and its local partner for an approximate value of $130 ...
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