International Finance

Tag : international Finance magazine

Fintech

Hacking and Data Laws Widens the Scope of Cyber Liability Insurance in Europe

In the United States cyber cover has grown to be a market worth more than $ 1 billion in annual premiums, but Europe has not followed suit, even after a series of high profile, costly, hacking incidents. 24 June 2013 European insurers have received a shot in the arm to bolster their cover for companies...
Fintech

Payment Behaviour: Small businesses lag behind large Businesses but press ahead of Individuals in their use of Technology

Understanding the payment behaviour of UK businesses in Domestic Market is vital. The Payments Council published the findings of its research, exploring the payments that UK businesses make and receive. The findings reveal that, small businesses are lagging some way behind larger businesses, but seem to be more savvy than individuals in terms of adoption...
Fintech

Technological Advancements Driving Financial Service

Financial service organizations are seeking to become more innovative and entrepreneurial as they are adopting new technologies to increase their efficiency and provide satisfaction to their consumers. Financial services is a term used to refer the services provided by the financial market. This term is also used to describe organizations that deal with the management...
Fintech

Top 10 Tips for Managing and Making Sense of Big Data

”Big Data” refers to the unmanageable amount of data being driven by a connected world. Posted by Richard Jenkins It is becoming a challenge that companies need to address – quickly – in order to not just stay competitive, but to remain as a valid option in their sector. However, with big data comes Big Infrastructure....
Islamic Banking

Viva Kuwait Signs $ 270 Million Loan for Expansion and Diversification

The borrowing also includes a $ 70 million Murabaha facility, a cost-plus-profit arrangement compliant with Islamic laws 21st June 2013 International Finance Magazine reports on Viva Kuwait’s loan for its expansion and diversification in the market and explains the Murabaha facility and its impact on the debtor and creditor. Viva Kuwait, an affiliate of Saudi...
Fintech

Mobile Technology Leads Innovation in Southern Africa

Seventy-five percent of the world’s population has access to mobile phones and innovators need to come up with ideas that can strengthen agribusiness and tourism sectors through mobile gadgets. Technology business leaders, mobile experts, future entrepreneurs and more recently gathered at the Botswana Innovation Hub for a week of workshops, trainings, moderated discussions and networking...
FinanceWealth Management

Hedge Funds as a Socially Responsible Investment

Hedge funds often seen as a quick way of making money for the managers; and the investors are trying to reinvent themselves as more socially conscious industry. 20th June 2013 Hedge funds are experiencing rapid growth, often referred to as an exclusive corner of the professional investment community. It is little more than a mystery...
Fintech

Tackling Climate Change with a Robust Carbon Price

The need for Working towards global carbon trading Even as the first generation of the carbon market stutters, a robust price on carbon has never been more important if we are to avert dangerous climate change. Current greenhouse gas emission pledges place the world on a trajectory for warming of well over 2°C, even if...
Banking

Bank Penalties on Risk Management Failures Raise Enormously in U.K.

The Financial Conduct Authority has levied a fine of more than £ 292 million pounds ($458 million) against firms which have inadequate risk management controls.  June 19, 2013 : International Finance Magazine gives you the story on LIBOR manipulation and the impact of the Financial Services Act 2012 which has given more powers to exert pressure...
Islamic Banking

Tunisia gets $ 1.2 Billion Funding From Islamic Development Bank to ‘bolster’ its Economy

The North African Country has won a $ 1.2 Billion in funding from the Saudi based Islamic Development Bank with an aim to rejuvenate its agricultural and industrial sectors in general and its economy in particular. 18th June 2013 Tunisia has won a $ 1.2 billion in funding from the Saudi based Islamic Development Bank...