CashNews.co Scotland’s financial services industry is “the engine of growth” behind jobs and economic growth across the nation, new research indicates. A new report from TheCityUK says the country remains one of the leading financial centres in Europe, with around 149,000 people, equating to 5.7% of Scotland’s workforce, employed in the sector. The report said […]
CashNews.co RALEIGH, N.C., Sept. 10, 2024 (GLOBE NEWSWIRE) — insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, released its 2024 Finance Team Trends Report. The report analyzes data integration challenges, the rise of artificial intelligence (AI), essential shifts in cloud computing, and the ongoing impact of staffing and skills challenges […]
CashNews.co The Nigerian banking sector is currently facing significant challenges that threaten its ability to sustain growth and drive innovation. High regulatory and compliance costs have become a pressing issue, burdening financial institutions with expenses that could potentially stifle the sector’s capacity to contribute to the country’s economic development. Tony Elumelu, Chairman of the United […]
CashNews.co Capital expenditure by central public sector enterprises (CPSEs) and other government undertakings fell 14% on year in the first five months of the current financial year, dragged down by slower pace of investment by railways and the National Highways Authority of India. Railways and NHAI’s investments are largely funded through budget. Both entities accounted […]
CashNews.co By Jitendra Soni, The Reserve Bank of India has approved the Fintech Association for Consumer Empowerment as the fintech industry’s first self-regulatory organisation (SRO-FT). Jitendra Soni explains how this will help capitalise on its growth potential while addressing the specific risks it poses to the financial system. l What is SRO-FT? AN SRO-FT IS […]
CashNews.co Share Tweet Share Share Email AIM Summit, the leading alternative investment summit, has announced a line-up of speakers featuring the world’s leading voices on the subjects of investment developments, global market conditions and latest trends. In another sign of the growing influence of Dubai and the UAE […]
CashNews.co On September 10, 2024, L&T Finance, a leading finance and NBFC company in India, saw a 3.28% increase in its stock performance, outperforming the sector by 3.85%. The stock has been on a consecutive gain for the last two days, with a 3.48% increase. L&T Finance’s moving averages are higher than the industry average, […]
CashNews.co Five years after launching as a digital commercial real estate brokerage platform focused on lenders and borrowers, Lev is now targeting brokers in its latest expansion. Lev is extending its artificial intelligence-driven platform in a strategic move designed to give brokers the data and tools to improve their daily operations, Commercial Observer has learned. […]
CashNews.co Sterling Bank Limited has set a new precedent by migrating to the continent’s first-ever indigenous core banking solution, SeaBaaS. Developed by Peerless, the innovative system represents a significant milestone in the region’s banking sector, marking the completion of a strategic shift announced to customers in August 2024. The adoption of SeaBaaS positions Nigeria as […]
CashNews.co SPARTANBURG, S.C., Sept. 10, 2024 /PRNewswire/ — The Southern Financial Corporation and The Southern Bank announce the appointment of Jerold L. Rexroad (Jerry) to their respective Boards of Directors. Mr. Rexroad, a highly respected figure in the banking industry, brings an exceptional track record of leadership, innovation, and strategic growth that will be instrumental in […]