International Finance

Tag : Islamic Finance

Fintech

‘Payments via mobile phones are predicted to grow to $58 billion by 2017’

IFM spoke to Andrew Schrage, co-founder of Moneycrashers.com, about the changes in payment systems April 23, 2015 Karan Belani How do the various payment systems — cash, cheque, credit cards, net banking, mobile payment — compare in terms of 1.       Cost incurred by the customer 2.       Safety issues There are virtually no costs incurred by...
Banking

Pioneering business models lead to higher returns

Frost & Sullivan analyses key forces collapsing, disrupting and transforming the banking industry landscape April 23, 2015: Over the past decade and a half, banks have had to contend with a dynamic business model landscape. Key forces, like ever changing customer experience requirements, regulatory adjustments, and the rapid development of technology are transforming the banking landscape...
Fintech

Best way to advertise? Get on an app

From e-commerce to gaming firms, all are betting big on appvertising Suparna Goswami Bhattacharya April 22, 2015: There was a time not too long ago when advertisers struggled to fit in their ads in mobile apps. They could hardly accommodate five words and a small picture, which was too minute to even get noticed. Secondly,...
Business Leaders

Rewarding enterprise

In the fourth of his monthly columns, Jonathan Freeman writes about the Enterprise Challenge 2015 Jonathan Freeman April 21, 2015: The Mosaic Enterprise Challenge, generously supported by the Apax Foundation and Nectar Trust, is a fully immersive, business-based annual competition for secondary school students across the UK, designed to develop and encourage their entrepreneurial skills. This...
Economy

Uncertainty of election makes pound jittery

On April 10, the pound fell to a five-year low against the dollar Tim Evershed April 17, 2015: Uncertainty surrounding the result of next month’s UK general election is sending the sterling on a rollercoaster against the dollar. On April 10, the pound fell to a five-year low against the dollar as election jitters combined...
Economy

Asia’s SMEs catch onto alternative finance

Outlook from Singapore, India, China and other countries show that firms are opening up to this April 16, 2015: Alternative finance is a landmark shift from institutional trust to peer trust. Disruption is democratising capital allocation by untethering financing from centralised, one-stop shops. This unbundling of services is leading to the creation of online marketplaces....
Fintech

NEM launches alternative to Bitcoin

It features a 100% original codebase, an unprecedented Proof-of-Importance algorithm and claims low energy use April 15,2015: NEM is an original blockchain technology platform using a breakthrough innovation for blockchain consensus called Proof-of-Importance (POI). POI is a consensus mechanism that calculates an importance score for an account by taking into consideration its balance, activity of...
Economy

Argentina sues and suspends Citibank

The reason is the bank’s exit from its bond custody business Kamilia Lahrichi April 14, 2015: The Argentine left-wing government is suing in local courts Citibank Argentina, the country’s 12th largest bank by deposits and a subsidiary of Citigroup, for exiting its bond custody business, Economy Minister Axel Kicillof said on April 8, 2015, in...
Fintech

March windstorms cause billion-dollar damage across Europe

Windstorm Niklas recorded as costliest non-U.S. event in first quarter 2015 April 10,2015: A report by Impact Forecasting, Aon Benfield’s catastrophe model development team, was launched recently and evaluates the impact of natural disaster events that occurred worldwide during March 2015. The report reveals that Windstorms Mike and Niklas swept through western and central Europe at the...
Fintech

‘Some lawyers are already using wearable technology in their practices’

With approximately 20 years of experience in the legal field, Nicole Black is a “go to” expert on legal technology matters Recommind April 10,2015: With approximately 20 years of experience in the legal field, Nicole Black is a “go to” expert on legal technology matters. In addition to her published work, Nicole also frequently speaks and attends...