Western Union, Bharti Airtel to launch cross-border payment in AfricaInternational FinanceJanuary 23, 2020March 18, 2020 by International FinanceJanuary 23, 2020March 18, 2020 The real-time cross-border payment service will drive financial inclusion across the continent... Read more
South Africa reduces cheque limits to boost the use of B2B epaymentsInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 Checks can be written below $3,500 to encourage businesses to utilise more epayment options... Read more
Eastspring completes buyout of Thai mutual fund firm ThanachartInternational FinanceJanuary 3, 2020January 7, 2020 by International FinanceJanuary 3, 2020January 7, 2020 Eastspring emerges as Thailand’s fourth biggest asset manager with a market share of 12 percent and overall assets under management of THB653 billion.... Read more
Saudi Arabia’s $1.07 bn Jada fund of funds to support SMEs, startupsInternational Finance DeskDecember 19, 2019 by International Finance DeskDecember 19, 2019 Saudi Arabia’s Public Investment fund has launched Jada to invest in venture capital funds, private equity funds and to support SMEs... Read more
Qi Card transforms Iraq’s financial system using electronic paymentsInternational Finance DeskDecember 19, 2019January 7, 2020 by International Finance DeskDecember 19, 2019January 7, 2020 Qi Card aims to provide identity management to government and citizens in a fast and secure manner... Read more
UOB, DBS lend $945 mn green loan to Allianz, GawInternational Finance DeskDecember 16, 2019 by International Finance DeskDecember 16, 2019 Singapore banks along with Standard Chartered will finance both companies’ $1.575 billion joint acquisition of Duo Tower and Duo Galleria... Read more
Alibaba’s Ant Financial to raise $1 bn to invest in SE AsiaPritam BordoloiNovember 27, 2019 by Pritam BordoloiNovember 27, 2019 The fund will invest in payments and fintech startups in Southeast Asia and India... Read more
UAE’s new insolvency law to protect individuals mired in debtInternational Finance DeskNovember 19, 2019 by International Finance DeskNovember 19, 2019 The new insolvency law will enhance the country’s competitiveness in the ease of doing business... Read more
Standard Chartered ups SME play in Singapore to fight fintechsInternational Finance DeskNovember 15, 2019 by International Finance DeskNovember 15, 2019 Sage CashView reporting tool enables enterprises to simplify SME loan applications and review real-time data... Read more
Bahrain government epayments increase by 29% in third quarterPritam BordoloiNovember 6, 2019 by Pritam BordoloiNovember 6, 2019 445, 000 financial transactions were carried out during the period which amount to $121.25 mn... Read more