FeaturedFintechJP Morgan, UK Aid invest $15 million in Catalyst FundBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years... Read more
BankingFeaturedEmirates NBD inks deal with DLD to offer trust account servicesBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 ENBD is the first UAE bank to team up with RERA after the new law in September 2019... Read more
EconomyFeaturedEgypt’s external debt increases 17.47% to $109.363 bn last SeptemberBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion... Read more
BankingFeaturedSouth Africa slashes interest rates to lowest in four yearsBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%... Read more
FeaturedFinanceSouth Africa reduces cheque limits to boost the use of B2B epaymentsBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 Checks can be written below $3,500 to encourage businesses to utilise more epayment options... Read more
BankingFeaturedUK banks expect rise in demand for credit card borrowingBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The Bank of England predicts credit card borrowing by households will increase by 14.3 percent over next three month... Read more
BankingFeaturedCiti Singapore adjusts pay for women to bridge gender gapBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The bank’s global pay equity review found that women staff did not receive equal compensation for the same task performed... Read more
MagazineTechnologyShould Google and Facebook be venturing into banking?Bharath KumarJanuary 16, 2020April 2, 2020 by Bharath KumarJanuary 16, 2020April 2, 2020 A never-ending quest for more data and control over customers is forcing Google and Facebook to make a banking play – what could go wrong?... Read more
MagazineTechnologyCredit scoring: Keeping customer privacy at the forefrontBharath KumarJanuary 16, 2020March 18, 2020 by Bharath KumarJanuary 16, 2020March 18, 2020 A unique opportunity comes in the form of smartphone metadata as a means of developing credit scores for individuals and small business owners... Read more
FintechMagazineLifetime financial planning: What is the better trade off?Bharath KumarJanuary 16, 2020April 2, 2020 by Bharath KumarJanuary 16, 2020April 2, 2020 Singapore fintech startup BetterTradeOff’s solution solve the loss of human touch and contextualisation in financial planning for individuals... Read more