CashNews.co The News China is piling pressure on its finance sector, in part to curb alleged corruption, but analysts say the campaign risks harming the country’s already languid economy. Officials have arrested at least three senior investment bankers in recent weeks while firms have required staff to hand in their passports and seek approval for […]
CashNews.co IDC Financial Insights ranks top enterprises worldwide serving the financial services industry HARTFORD, Conn., September 12, 2024–(BUSINESS WIRE)–Insurity, the leading provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, today announced it was categorized as a 2024 IDC FinTech Rankings Top 50 solution provider. Insurity was recognized for its continued investments […]
CashNews.co The banking sector has today called for a targeted Credit Guarantee scheme for SME builders and developers in order to unlock critical private finance which will be required to meet expected higher housing targets. The report, which was commissioned by Banking & Payments Federation Ireland (BPFI), examines how the lending capacity of the banking […]
CashNews.co 2023 was a deeply challenging year for the banking sector, with the failure of three regional banks casting long shadows that are still felt today. The first half of 2024 has been just as challenging for the fledgling Banking-as-a-Service (BaaS) sector, which was only beginning its journey toward maturity. The May 2024 collapse of […]
CashNews.co Union minister for electronics and IT, information & broadcasting and railways Ashwini Vaishnaw will give away the FE CFO Awards at a glittering function in Mumbai on Friday evening. The awards, now in their seventh year, will be presented to 14 outstanding individuals and institutions in recognition of their pioneering work. Applauding the winners […]
CashNews.co SIFMA put out a white paper this week on artificial intelligence (AI) that probes the use of AI within the financial services industry. © Shutterstock The paper, titled “Promoting Investor Success, Industry Innovation and Efficiency with AI,” examines the increased efficiencies that stem from the application of AI. It also urges regulators to apply […]
CashNews.co By Guest Writer Published on: September 12, 2024 06:40 (EAT) The global financial services industry is facing climate-driven losses of up to Ksh.232.5 trillion ($1.8 trillion) by 2050. This staggering amount will shake the industry and wipe out companies that will be found unprepared. But as the threat looms, only 25 per cent of […]
CashNews.co The Bank of England has denied watering down new lending rules after revealing that big banks would face almost no increase to their core capital requirements under reforms designed to make the industry safer following the 2007-9 financial crisis. On Thursday, the Bank’s Prudential Regulation Authority (PRA) unveiled a series of concessions on its […]
CashNews.co Propaganda Brand Consultancy has delivered an ambitious rebrand and repositioning for Reward Funding, a leader in the alternative finance industry. Through its comprehensive Brand Discovery consultative process, Propaganda identified the opportunities for Reward Funding to develop its unique proposition – high performance funding. Now expanding its product offering, Reward Funding’s new solutions will help […]
CashNews.co Dublin, Sept. 12, 2024 (GLOBE NEWSWIRE) — The “Latin America Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q2 2024 Update” report has been added to ResearchAndMarkets.com’s offering. The embedded finance industry in the region is expected to grow by 14.7% annually to […]