Sunday, Jun 21, 2026

International Finance

Category : Banking

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Oman wants to increase success rate of SMEs

International Finance Desk
by International Finance Desk
Over 50% fail within five years, which is a drag on efforts by the Gulf nation to diversify its oil & gas based economy IFM Correspondent September 15, 2015: The two-day Oman SME Summit in Muscat got off to a rousing start with a welcome speech and special address by His Highness Al Sayyid Dr. Adham...
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Banking

Battling for billions

International Finance Desk
by International Finance Desk
New mobile payments provider Equitel heats up competition in Kenya Amoxers Wachira July 30, 2015: In Kenya, it is unbelievably easy to complete transactions using a simple mobile phone handset. Such is the success of M-Pesa, Kenya’s pioneering mobile payments platform, that the country has been thrust in the unlikely position of a global leader...
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Banking

‘We set standards for the best customer experience’

International Finance Desk
by International Finance Desk
BankDhofar of Oman has also been a leader in terms of product innovation and creative solutions  July 22, 2015 : How has the Sultanate been doing with efforts to diversify its oil-dependent economy? As part of ‘Oman Vision 2020’, there are concerted efforts to diversify the economy and reduce the dependency on oil. The specific...
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Banking

Online-only banks gaining popularity

International Finance Desk
by International Finance Desk
With banks struggling to remain profitable, digital banks are disrupting the way the industry functions Suparna Goswami Bhattacharya June 29, 2015: The one industry which has gone through a sea of transformation in the last decade is the financial industry. It all started with the opening up of ATMs and the addition of online banking...
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Banking

Disruptor tackles ‘closed shop’ of international payments sector

International Finance Desk
by International Finance Desk
Tuxedo Money Solutions signs up to Saxo Payments Banking Marketplace for fast international trnsactions June 17, 2015: Saxo Payments on Tuesday announced a major contract win with Tuxedo Money Solutions. The ground-breaking Saxo Payments Banking Marketplace will deliver fast cross-border transfers for Tuxedo Money Solutions and its corporate client base, in all major currencies, in...
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Banking

Saxo Bank subsidiary set to shake up international transactions sector

International Finance Desk
by International Finance Desk
Saxo Payments Banking Marketplace provides a seamless conduit for bank transfers June 5, 2015 London: Global trading and investment bank, Saxo Bank, has invested in a business that is setting out to give the burgeoning FinTech sector a genuine alternative to the status quo in international payments. Established in 2013, SaxoPayments is addressing the compliance...
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Banking

Saxo Bank subsidiary set to shake up international transactions sector

International Finance Desk
by International Finance Desk
Saxo Payments Banking Marketplace provides a seamless conduit for bank transfers June 5, 2015 London: Global trading and investment bank, Saxo Bank, has invested in a business that is setting out to give the burgeoning FinTech sector a genuine alternative to the status quo in international payments. Established in 2013, SaxoPayments is addressing the compliance...
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Banking

‘Full ASEAN banking integration will not happen in 2015’

International Finance Desk
by International Finance Desk
The process is slow because members are not at all homogeneous, says Cedric Chehab, Head of Asia Research at BMI Research Giovanni Puglisi May 11, 2015: ASEAN members have stepped up efforts to create a single economic market by agreeing on a Banking Integration Framework, which aim is to strengthen the regional banks’ long-term competitiveness...
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Banking

Pioneering business models lead to higher returns

International Finance Desk
by International Finance Desk
Frost & Sullivan analyses key forces collapsing, disrupting and transforming the banking industry landscape April 23, 2015: Over the past decade and a half, banks have had to contend with a dynamic business model landscape. Key forces, like ever changing customer experience requirements, regulatory adjustments, and the rapid development of technology are transforming the banking landscape...
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Banking

Bank Rakyat starts 2015 with new corporate office

International Finance Desk
by International Finance Desk
It embodies the bank’s commitment to deliver nothing but the best to its 5 million customers and 950,000 members March 13, 2015: Bank Rakyat started 2015 by launching Menara Kembar Bank Rakyat, its new corporate office located along Jalan Travers, on the fringes of KL Sentral. Operating in a very conducive and modern environment, it...
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