Sanctions hurt, but Russia’s banks keep profiting
Given that a large portion of Russia's financial reserves was held abroad, the freezing of these assets led to immediate concerns about the ability to manage balance sheets...
Tag : transactions
Brazil’s Pix transforms digital payments
Use of Pix surged 74% in 2023 to nearly 42 billion payments across the Brazilian economy, surpassing credit and debit card charges combined by about 23%, according to Abecs...
Dubai real estate market to keep flourishing in 2025?
The W Capital had previously predicted that the Dubai real estate market would see record sales of over AED 120 billion in the summer of 2024...
What to expect from the real estate sector in 2025
The role of technology in real estate is poised for exponential growth. Smart homes will be the norm by 2025, with advanced AI systems managing everything from energy consumption to security...
Start-up of the Week: Sweden-based Mynt is here to manage spending of SMEs
The corporate credit card from Mynt provides it’s a credit limit of up to 5 million SEK, one of the highest limits on the Nordic country's market...
Dealmaking could surpass 10-year averages in 2025: Goldman Sachs CEO David Solomon
When asked if the bank could begin trading cryptocurrencies, David Solomon responded that rules would have to change for the bank to be able to do so...
BCEL Bank: Revolutionising banking for Laotians
As BCEL Bank celebrates 35 years of serving Laos, it has marked the milestone by introducing new features and products that will further revolutionise digital banking...
Navigating the evolution of open banking
When third parties and financial institutions work together under the guidance of regulatory input, open banking initiatives are successful...
IF Insights: Navigating the ever-changing landscape of global crypto regulations
Crypto industry executives have expressed concern about the government's slow adoption of this fast-growing sector...
Ethio Telecom-Huawei alliance boosts financial inclusion
According to the published mobile financial services data in emerging market, Huawei’s platform supports more than 50% of the global FinTech market activity...