Category : Economy

Business Economy News

As Weather Volatility Increases, The Demex Group Launches Climate Resilience Center

Fintech News Desk
Climate Center demonstrates recent climate trends and variability for over 60,000 cities around the world The Demex Group, developers of the first-of-its-kind platform for analyzing, pricing and transferring climate-linked risks at scale, announced the launch of the Demex Climate Resilience Center today. The Climate Center is a free public platform......
Banking Economy Featured

Are Some Banks on Wrong Side of History on Cryptocurrencies?

Sudipto Ghosh
Banks and other financial institutions who still refuse to recognize major cryptocurrencies, such as Bitcoin, as a legitimate asset class are putting themselves on the wrong side of history, says the CEO of one of the world’s largest independent financial advisory and fintech organizations. Read More: Global Fintech Interview with Michael......
Banking Economy Featured News

Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19

Fintech News Desk
Chinese banking giants are ahead of their counterparts in the US and Europe. The banking industry was always looking for a solid reason to build an automated crisis-proof infrastructure to adapt to an agile way of operations. The COVID-19 pandemic has changed that notion irreversibly forcing all major banks to......
Economy Guest Posts

Pandemic Paradox: Why Digital Transformation Efforts Are Undermined by an Insufficient Focus On Process

Mark Elkin
The pandemic accelerated digital transformation, made customer experience a greater differentiator, and added complexity to an already process-heavy, regulated, and risk-averse industry. While banks know they need to step up their digital transformation efforts, they’re focusing on the wrong strategies and tactics to achieve them. First, to define and document......
Digital Payments Economy News

Hamdok Hails the First Visa UCB Card as A Symbol of Sudan’s Reintegration in Global Economy

Fintech News Desk
The card issued by United Capital Bank (UCB), a leading bank in the market was presented to Hamdok by Yousif Ahmed El-Tinay, CEO and General Manager of UCB UCB is planning to launch more Visa products for a growing customer base; Sudanese banks attracted about US 500 million dollars following the recent decision on the exchange rate. Sudanese Prime Minister, Dr. Abdalla Hamdok, hailed the first Visa card issued......
Economy News

Nevada State Bank’s Annual Survey Reveals Expectation of Faster Than Average Economic Recovery

Fintech News Desk
Nevada State Bank has released the results of its eighth annual survey of small business owners and managers throughout Nevada. The survey reflects the hardship caused by COVID-19 and related responses, but also the hopeful perspective on economic recovery during the next 18 months. “Even with the economy on top of the list......
Banking Business Economy News

Polaris Bank Partners Ikoyi Club Golf Section, Sponsors Unity Golf Tournament

Fintech News Desk
Polaris Bank has announced its sponsorship of the Unity Golf Tournament organised by the Golf Section of the prestigious Ikoyi Club 1938. The Unity Golf Tournament is an Open Amateur Golf tournament is expected to parade about 350 golfers who are members of registered Golf Clubs across the country. Specifically,......
Economy News

Phoenix Lending Survey Results Reveals the Third Stimulus Package Will Cause Inflationary Pressure in the US Economy

Fintech News Desk
From the first quarter Phoenix Management “Lending Climate in America” survey results reveals the third stimulus package will cause inflationary pressure in the U.S. economy. The third stimulus package includes nearly $2 trillion in coronavirus relief funds and puts money in the hands of millions of Americans. When asked whether......
Business Economy News

Claroty Launches its FOCUS Partner Program

Fintech News Desk
Global Channel Program Empowers Partners to Provide Effective, High-value Solutions that Address Customers’ Industrial Cybersecurity Needs Claroty, the industrial cybersecurity company, today introduced its Claroty FOCUS Partner Program. The three-tier program is designed to align to and support all partners’ differentiated business models and expand the ecosystem’s ability to become......
Business Economy Finance News

Seneca Women, Mastercard and Deserve Launch Credit Card to Advance Women in the Economy

Fintech News Desk
The Card by Seneca Women is the first-ever credit card that rewards cardholders when they shop from women-owned businesses and drives donations to women-focused nonprofits Seneca Women, a global leadership and media platform, together with Mastercard and Deserve today announced a credit card created to advance women in the economy.......
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