BankingFeaturedThe early wage access trend in banking: Decoding mythsIFM CorrespondentMarch 16, 2023 by IFM CorrespondentMarch 16, 2023 Early access from JP Morgan is included with Secure Banking, which costs USD 4.95 per month... Read more
BankingFeaturedSilicon Valley Bank collapse: Ghost of 2008 crisis haunts US economy againIFM CorrespondentMarch 14, 2023October 10, 2023 by IFM CorrespondentMarch 14, 2023October 10, 2023 Silicon Valley Bank had assets valued at USD 212 billion and these were primarily lent to tech start-ups... Read more
BankingFeaturedAccess Bank Mozambique: Moving towards achieving fast-track & sustainable growthIFM CorrespondentFebruary 28, 2023 by IFM CorrespondentFebruary 28, 2023 Customers can take out loans at Access Bank Mozambique and receive money instantly, through M-Pesa, without needing a Bank account... Read more
BankingFeaturedBanking sector 2023: What to expect?International Finance Business DeskDecember 16, 2022December 16, 2022 by International Finance Business DeskDecember 16, 2022December 16, 2022 With retail banking, business line change first began... Read more
BankingFeaturedCentral Bank of Nigeria limits cash withdrawals to 100,000 naira a weekInternational Finance Business DeskDecember 13, 2022 by International Finance Business DeskDecember 13, 2022 Central Bank of Nigeria stated that only notes with a value of 200 naira or less would be loaded into ATMs... Read more
BankingFeaturedDigital Passport: Next big thing in banking industryInternational Finance Business DeskDecember 5, 2022December 5, 2022 by International Finance Business DeskDecember 5, 2022December 5, 2022 This digital passport solution will decentralize the database between the customer and the financial institutions... Read more
BankingScbank CEO Hussein Refaie leads the way forward with innovative banking ideasInternational Finance Business DeskDecember 1, 2022 by International Finance Business DeskDecember 1, 2022 Scbank Chairman of the Board of Directors and CEO Hussein Refaie has been instrumental in the success of the organization... Read more
BankingFeaturedBrace for tough time ahead: Bank of England warns United KingdomInternational Finance Business DeskOctober 7, 2022 by International Finance Business DeskOctober 7, 2022 The Bank of England worries that the United Kingdom is already in a recession, in part as a result of the bank holiday to commemorate Queen Elizabeth II's funeral... Read more
BankingFeaturedHome mortgage rates skyrocket in United States as inflation soarsInternational Finance Business DeskSeptember 28, 2022September 27, 2022 by International Finance Business DeskSeptember 28, 2022September 27, 2022 The Labor Department reported in mid-September that United States consumer prices increased by 8.3% in the year ending in August... Read more
BankingFeaturedUkraine raises its interest rate to 25%, the highest in EuropeIFM CorrespondentJune 7, 2022 by IFM CorrespondentJune 7, 2022 Ukraine's economy could contract by up to 45% in 2022.... Read more