Monday, Nov 18, 2024

International Finance

Tag : International

Economy

Saudi Arabia launches sale of international bonds

International Finance Desk
by International Finance Desk
Seeks to raise up to $15 billion IFM Correspondent October 19, 2016: Saudi Arabia has officially launched its first international bond sale. The move comes as the Kingdom looks to debt markets to help ease its cash squeeze as a result of the two-year oil price slump. The low oil price has led to a...
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Fintech

Shanghai Futures Exchange launches market surveillance platform

International Finance Desk
by International Finance Desk
It is powered by SMARTS, which is Nasdaq’s flagship surveillance solution October 19, 2016: Nasdaq (Nasdaq: NDAQ) has officially announced that Shanghai Futures Exchange (SHFE), one of the world’s largest futures markets, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. “We are truly honoured to be working with Shanghai...
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BankingFinance

Amicus applies for banking licence

International Finance Desk
by International Finance Desk
May receive licence in 2017 October 19, 2016: Amicus Finance, a leading specialist financial services group, announced that it has submitted a banking licence application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).  Subject to authorisation it anticipates receiving its banking licence in 2017. The new banking licence will enable Amicus...
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BankingFinance

Redwood submits banking licence application

International Finance Desk
by International Finance Desk
Initially, focus will be on UK SMEs in Hertfordshire, Bedfordshire and Buckinghamshire October 17, 2016: Acorn Financial Partners (AFP), a new venture founded and led by Jonathan Rowland, announced that it has submitted a banking licence application to the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).  On authorisation AFP will be called...
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Fintech

Payment authentication company VST Enterprises expands in US

International Finance Desk
by International Finance Desk
Adds industry heavyweights to business development team and focuses on strategic partnerships growth in North America October 14, 2016: In a decisive move, UK-based VST Enterprises has announced the addition of two former Elavon Vice Presidents to its business development arm in the US. Joseph Cohane, ex Executive Vice President, and Stephanie Sharp, ex Vice...
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Uncategorized

Defending the UK’s financial trading sector

International Finance Desk
by International Finance Desk
The government’s intent ‘is for the UK to remain the top choice for European and global bank headquarters’ Nigel Davies October 17, 2016: Over the past decade, the nature of the threats to society has evolved beyond the physical world in which they traditionally operated. State-sponsored cybercrime and organised criminal hacking has become a threat...
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Fintech

Chinese tourists in UK can use Alipay app

International Finance Desk
by International Finance Desk
Alipay ropes in Zapper as mobile partner to enable over 250,000 Chinese visiting the UK to use the app in over 1,000 locations nationwide October 13, 2016: Alipay, the world’s leading mobile payment platform run by Ant Financial Services Group, has partnered with Zapper, the fast growing consumer insights and marketing platform which is enabled...
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Banking

Georgia’s TBC Bank slashes loan decision time

International Finance Desk
by International Finance Desk
Using software from analytic software firm FICO October 12, 2016: TBC Bank, a leading universal Georgian bank, has substantially reduced the time needed to make decisions on credit applications, using software from analytic software firm FICO. TBC Bank, which recently installed FICO® Origination Manager 4.5, announced that it has cut credit decisions and disbursement down...
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FinanceIslamic 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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