Sunday, May 5, 2024

International Finance

Tag : financial magazine

Finance Islamic Banking

deVere Mortgages partners with Al Rayan Bank

International Finance Desk
by International Finance Desk
deVere Mortgages partners with Al Rayan Bank ,To offer Sharia compliant home finance to purchase property in the UK October 11, 2016: deVere Mortgages and Al Rayan Bank have entered into a strategic partnership to offer Sharia-compliant mortgage alternatives to the growing number of expats looking to purchase property in the UK. The alliance follows...
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Banking

Euronet Worldwide acquires UK-based ATM operator YourCash

International Finance Desk
by International Finance Desk
Adds 5,000 ATMs across the UK, Netherlands, Belgium and Ireland October 11, 2016: Euronet Worldwide, Inc. (NASDAQ:EEFT), a leading global electronic payments provider, has completed the acquisition of UK-based ATM operator YourCash Europe Limited. The acquisition includes approximately 5,000 ATMs across the UK, Netherlands, Belgium and Ireland. With the addition of YourCash, the combined businesses...
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Finance Wealth Management

The transfer of trust

International Finance Desk
by International Finance Desk
Paving the path for generational succession October 7, 2016: With almost two decades of experience and expertise, Kuwait-based KAMCO Investment Company’s Wealth Management Team has developed a comprehensive and consistent understanding of client expectations. The team effectively utilise their resources to deliver superior custom-made products and services that help clients reach their investment goals. By...
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Banking

Mobile authentication: Entersekt is ahead of the game

International Finance Desk
by International Finance Desk
The South African company goes beyond SMS and one-time password options Tom Jackson October 7, 2016: Patience has proven a virtue for Entersekt and its founders, because as the world moves away from SMS and one-time password options, its innovative mobile authentication solutions have taken it into 45 countries worldwide, with offices in Atlanta in...
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Finance Wealth Management

Allianz, IFC to invest in infrastructure projects

International Finance Desk
by International Finance Desk
The partnership will focus on emerging markets October 6, 2016: Allianz Group and International Finance Corporation (IFC), a member of the World Bank Group, have signed a partnership under the Managed Co-Lending Portfolio Program (MCPP). Under the agreement, Allianz intends to make an investment of $500 million which will be co-invested alongside IFC debt financing...
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Banking

ING to shed 7,000 jobs

International Finance Desk
by International Finance Desk
Jobs cuts to mainly take place in Belgium and The Netherlands IFM Correspondent October 4, 2016: Dutch bank ING, the country’s biggest lender, announced plans to shed 7,000 jobs, mainly in Belgium and The Netherlands. The plan is part of cost cutting measure for the company, which will help it save $1.01 billion by 2021....
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Fintech

PwC reports revenue growth of $35.9 billion

International Finance Desk
by International Finance Desk
Total workforce count reaches new record October 4, 2016: The PwC network reported total global gross revenues of US$35.9 billion for the fiscal year ended on 30 June 2016. At constant exchange rates (local currency), PwC’s total global revenues rose by over 7%. “The strength of our brand, the opportunities we provide for our people,...
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Fintech

Ecommerce: Fraud by customers on the rise

International Finance Desk
by International Finance Desk
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,...
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Fintech

Yahoo reveals world’s biggest data breach

International Finance Desk
by International Finance Desk
Happened in 2014 and at least 500 million users were affected IFM Correspondent September 23, 2016: Yahoo, the California-based tech giant, on Thursday said personal information of at least 500 million users was stolen in an attack on its accounts in 2014. The attacker was a ‘state-sponsored actor’, and stolen information may include names, e-mail...
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