Search Results for: economic contraction

Western Union Provides Payment Services to 90,000 Members of Bank-Fund Staff Federal Credit Union
Business Fintech News

Global Trade in Services to Increase by $2trn Over Next Five Years, According to New Report by Western Union and Oxford Economics

Fintech News Desk
by Fintech News Desk0
The Western Union Company, a leader in cross-border, cross-currency money movement and payments, today launches a new report, “The Global Services Trade Revolutions: Fuelling post-pandemic economic recovery and growth,” in partnership with Oxford Economics – a leader in global forecasting and quantitative analysis. Read More: Curb Debuts Taxi PaaS Solution with City......
Banking Fintech Guest Posts

Behavioral AI is a Solution to Post-COVID Economical Changes, Especially Debt

Rana Gujral
by Rana Gujral0
Behavioral Signals, an emotion AI company specializing in behavioral signal processing, hosted a webinar titled​ “2 Ways Behavioral AI Can Help You Improve Your Debt Repayment Efforts” ​ on Thursday, May 7th, 2020​. ​ Aris Karanikas, head of business development, and Dr. Nassos Katsamanis, vice president of engineering, co-hosted the......
A Purpose-Driven Banking For The Post Pandemic World
Banking Guest Posts

A Purpose-Driven Banking For The Post Pandemic World

Sanat Rao
by Sanat Rao0
The COVID-19 pandemic has made a profound impact on people and industry worldwide. In the case of banks, in addition to managing their own businesses, banks have had to assume a social responsibility to help customers and communities get through the crisis. Be it transmitting massive government relief packages, deferring......
SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits
Banking Blockchain Business Capital Markets Economy Fintech News

SIA Defies Covid Tribulations With Low-Margin Growth In Revenues And Profits

Fintech News Desk
by Fintech News Desk0
SIA’s Board of Directors, meeting under the chairmanship of Federico Lovadina, approved the preliminary consolidated financial results at 31 December 2020, confirming the positive trend of 2019 and growing in the fourth quarter of 2020, despite the economic contraction caused by the Covid-19 pandemic. Read More: GlobalFintechSeries Interview with Joshua Levin,......
January CMI Reflects Some of the Best Credit Conditions of the Past Two Decades
Fintech News

January CMI Reflects Some of the Best Credit Conditions of the Past Two Decades

Fintech News Desk
by Fintech News Desk0
The Credit Managers’ Index from the National Association of Credit Management signals a slow start to 2022. Although 2021 ended with its strongest December reading for NACM’s Credit Managers’ Index since its inception, January’s combined score took a 1.8-point fall to 56.9 month on month. The drop indicates a slow start to......
New Study Finds Automation Adds $195 Billion to Monthly Business Revenue in the U.S. and £14 Billion in the UK
Business Fintech News Uncategorized

New Study Finds Automation Adds $195 Billion to Monthly Business Revenue in the U.S. and £14 Billion in the UK

Fintech News Desk
by Fintech News Desk0
The impact of automation: revenues up 5-7%, employment up 4-7%, long-term productivity up 15% – according to research from Centre for Economics and Business Research and SnapLogic SnapLogic, provider of the #1 Intelligent Integration Platform, released first of its kind research into the economic impact of automation. The study – ‘Automation: Past, Present,......
Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19
Banking Capital Markets News

Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19

Fintech News Desk
by Fintech News Desk0
Participants in the meeting, hosted by the African Development Bank, brainstormed on joint actions that could help boost a strong and inclusive recovery in Africa A global coalition of public development banks today emphasized the urgency of immediate resources for Africa’s recovery post-Covid 19. Together, they committed to deepening cooperation......
African Development Bank Approves $170M for Investment in Startups
Digital Finance Fintech News

African Trade Finance Sees $5 Billion In Portfolio Outflows In Q1 2020 Due To Covid-19, But Opportunities Exist – Report

Fintech News Desk
by Fintech News Desk0
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of......
Embrace Cloud, Analytics & Modeling to Improve Finance’s Response to the Pandemic
Digital Featured Finance Fintech News

Embrace Cloud, Analytics & Modeling to Improve Finance’s Response to the Pandemic

Sudipto Ghosh
by Sudipto Ghosh0
Latest Report Finds Cloud, Analytics and Modeling Key to Improving Cost-Efficiency in the Finance Department Latest technologies like Cloud, Analytics and Automation are imparting a transformative effect on all the business verticals, especially on Marketing, Sales, Finance and HR. According to Gartner, IT spending on Cloud computing would further improve......
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