International Finance

Tag : cost

Fintech

Ecommerce: Fraud by customers on the rise

Buyers increasingly using chargeback option to get refund for their products Suparna Goswami Bhattacharya October 3, 2016: Online merchants are facing a new problem — fraud by customers. Firms are increasingly facing malicious activity in the form of chargeback or friendly fraud. According to Visa, chargeback fraud has been growing at around 41% every year,...
Economy

‘Bill for Turkey coup attempt is $100 billion’

Minister says rebels made Turkey look like a Third World country IFM Correspondent August 3, 2016: The bid to overthrow the government of President Recep Tayyip Erdogan proved very costly for Turkey. According to Bulent Tufenkci, customs and trade minister, the attempt came at of cost of $100 billion (300 billion liras) to the economy....
Economy

China: Going with the wind

There are economic factors behind Asian giant’s interest in wind energy Suparna Goswami Bhattacharya January 11, 2016: China has begun a new journey. The journey towards a greener future. And it is not surprising given the fact that the country emits 23.42% of global CO2 emissions as per a report by GermanWatch, a non-profit organisation...
Fintech

Real cost of data management

Assessing the hidden costs of data management in an asset management firm October 15, 2015: The desire to pursue new, sophisticated investment strategies generates conflicting objectives. All firms wish to increase their business agility and shorten time to market. This must be weighed against the need to manage a growing body of complex data that...
Fintech

Analytics: Bringing Business Intelligence Closer To Financial Data

Underlying this trend, more and more financial departments are placing emphasis on the importance of embedded analytics; reporting built into existing systems, rather than stand-alone business intelligence (BI) applications. 4th December 2013 Recently, we’ve seen more and more of our customers using analytics to inform their everyday financial processes. By generating real-time reports about financial...