Standard Chartered shuts operations in many Middle East, African countries
This step has been taken to improve profits by narrowing its focus to faster-growing markets situated in the region....
Tag : financial services
You may land in jail for giving financial ‘advice’
According to the Australian Securities and Investments Commission, the maximum punishment can be as high as up to five years of imprisonment....
Kenyan digital banking startup Kwara raises $4mn to build a neobank
The company’s mission is to bring modern financial services to millions of people by developing credit unions...
Wirecard granted permission to resume banking operations in the UK
Recently, financial regulators lifted restrictions on the German payments company mired in a scandal...
UK dominates financial services investments in Europe
Interestingly, the country remains the top for financial services investments despite Brexit and world crisis on the back of Covid-19...
Why today’s banks need the right tech platform
Non-banking firms have brought a bottom-up disruption to banking; banks need to catch up...
South Africa to set up wealth fund, state bank to improve financial access
The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address...
Samsung, UAE’s Finablr launch cross-border payments app in US
The money transfer service within Samsung App allows users to transfer funds to 47 countries...
Solid finances drives Bayt El Khebra’s growth in Egypt
With a commanding leadership in Egypt’s financial services market, Bayt El Khebra eyes overseas opportunities...
How social media impacts financial services
The rising progress in social media engagement has crafted a path brimming with new possibilities—and yet, poses a threat to those oblivious to its developments....