International Finance

Tag : IFM

Banking

WorldRemit partners with UAE Exchange

New services will be rolled out in Africa, Middle East, Asia May 13, 2016: WorldRemit –– has partnered with UAE Exchange, the global remittance, foreign exchange and payment solutions brand — to offer its customers instant money transfers for multiple markets. Through the partnership, WorldRemit customers can now send money instantly to be picked up...
Banking

MyCheck introduces MyWallet SDK

This will help in secure integration of payment in mobile apps and websites March 11, 2016: MyCheck, a leading mobile payment technology platform, announced a new innovative fintech product called the MyWallet SDK that allows developers to enable the secure and convenient management of multiple payment methods across various native apps and websites with a...
Banking

Al Masraf profits increase by 11% in 2015

Profit increase encourages bank to develop more attractive products March 8, 2016: The Arab Bank for Investment and Foreign Trade (Al Masraf) recorded a net profit of AED 405 million in 2015—reflecting a growth of 11 per cent as compared to the AED 366 million profit it posted in 2014. The company’s operating profit also...
Banking

Moody’s analytics launches UK mortgage portfolio analyser

Will help assess credit risk in portfolios of residential mortgages May 6, 2016: Moody’s Analytics, a leader in risk measurement and management, announced the launch of UK Mortgage Portfolio Analyzer (UK-MPA), an innovative, customisable tool to help assess and manage credit risk in portfolios of residential mortgages originated in the United Kingdom. UK-MPA provides powerful...
Economy

Union budget: Startups give a thumbs up

Rural India and agriculture sector also get a boost IFM Correspondent February 29, 2016: India, it seems, is all set to promote her ‘startup destination’ image — at least that is what looks from the budget speech of Union Finance Minister Arun Jaitley. Jaitley introduced a slew of measures to promote a healthy and vibrant...
Economy

Rail budget: No hike in freight fares

Focus on improving consumer experience February 25, 2016: The Narendra Modi-led NDA government on Thursday announced the railway budget. Suresh Prabhu, Union Railway Minister, while keeping the freight fares unchanged, announced four special trains — Tejas (with onboard entertainment and other world-class service), Uday (double-decker trains on busiest routes), Antyodaya Express (long distance train for...
Business Leaders

Ratan Tata’s most cherished moment

Says Nano launch elevated Tata Group in terms of visibility IFM Correspondent February 5, 2016: Kalaari Capital, a leading Indian venture capital firm, on February 5 launched Kstart, a seed programme for the next generation of entrepreneurs with disruptive ideas. Ratan Tata, veteran businessman and Tata Group Chairman Emeritus, has taken a mentor’s role with...
Business Leaders

2015 IFM Awards presented to winners in London

The presentation ceremony took place in The Landmark London Hotel on November 27 IFM Correspondent December 8, 2015: The International Finance Magazine 2015 Awards were presented to the winners at a glittering ceremony in London on November 27. Trophies and certificates were handed over to the winners at a gala dinner hosted at The Landmark...
Business Leaders

‘Crowdfunding is bigger than the internet’

Scott Purcell spurs FundAmerica into a Top Crowdfunding Platform David Drake July 20, 2015: Scott Purcell is a serial entrepreneur experienced in securities, banking, technology, internet infrastructure, publishing, social networking and music industry. He is best known for founding Epoch Networks, one of the first internet providers in the United States as well as the...
Fintech

WhoTrades turnover in Latin America touches $10 billion in 6 months

The client base stands at 8,500 people and is doubling each month May 26, 2015: International Finance Magazine has recognized licensed US brokerage WhoTrades as the fastest growing brokerage in Latin America in 2015. After six months of working in the region, the company’s turnover reached USD 10 bn, while its client base, which currently...