BankingFeaturedStandard and Shinhan bank to test cross-border stablecoinsIFM CorrespondentDecember 1, 2021December 1, 2021 by IFM CorrespondentDecember 1, 2021December 1, 2021 Both the banks will use the decentralised public ledger Hedera Hashgraph, a blockchain technology... Read more
FeaturedFintechYouTrip raises $30 mn for B2B payments to expand its businessIFM CorrespondentDecember 1, 2021December 1, 2021 by IFM CorrespondentDecember 1, 2021December 1, 2021 The company has launched a corporate credit card named YouBiz... Read more
FeaturedTechnologyRiyadh hosting this year’s largest cybersecurity eventIFM CorrespondentNovember 30, 2021 by IFM CorrespondentNovember 30, 2021 The conference will showcase the latest developments in information and server security... Read more
CurrencyFeaturedHuobi selects Singapore as its new regional headquartersIFM CorrespondentNovember 30, 2021 by IFM CorrespondentNovember 30, 2021 The crypto giant has already moved a significant part of its operations to Singapore... Read more
BankingFeaturedDeutsche Bank rolls out Swift’s Beneficiary Account Validation (BAV) serviceIFM CorrespondentNovember 26, 2021 by IFM CorrespondentNovember 26, 2021 The new service will allow customers to verify payee account details before an international payment instruction is sent... Read more
FeaturedTelecomFCC to reject China Telecom’s bid to continue providing services in the USIFM CorrespondentNovember 26, 2021 by IFM CorrespondentNovember 26, 2021 Recently, the telco asked the US Appeals Court for the District of Columbia to block the order... Read more
FeaturedLogisticsLinkLogis opens its latest office in SingaporeIFM CorrespondentNovember 26, 2021 by IFM CorrespondentNovember 26, 2021 This move advances the company’s plan to open a digital bank in Singapore in 2022... Read more
EnergyFeaturedUK government announce £20 mn budget for tidal stream energy projectsIFM CorrespondentNovember 25, 2021November 25, 2021 by IFM CorrespondentNovember 25, 2021November 25, 2021 The government hopes the funds will help develop the marine energy sector... Read more
FeaturedFintechFintech investments in EMEA reaches $39 bn in H1 21IFM CorrespondentNovember 25, 2021 by IFM CorrespondentNovember 25, 2021 UAE reached the EMEA top ten fintech deals during the period... Read more
EconomyFeaturedEgypt expects economic growth of 5.6% in 2021-2022IFM CorrespondentNovember 24, 2021 by IFM CorrespondentNovember 24, 2021 Egypt’s GDP grew by 3.3% in the last fiscal year... Read more