Search Results for: economy
Moody’s Upgrades SeABank’s Outlook to Positive from Stable
Moody’s Investors Services (Moody’s) raised its outlook for Southeast Asia Commercial Joint Stock Bank’s (SeABank – Vietnam, stock code SSB) to Positive from Stable and affirmed SeABank’s long-term credit rating at B1 for the third year in a row. The positive outlook on the ratings of SeABank reflects Moody’s view that improvements in......
Temenos Accelerates Banking Innovation for SMEs with the launch of Temenos Virtual COO at TCF Online 2021
Based on input from 300 SME business owners to understand their challenges and needs, Temenos launches Temenos Virtual COO TCF Online 2021 is the flagship event in banking with 10,000 banking business leaders and technologists, and keynotes from PayPal, Barclays and Varo SMEs make up 95% of businesses in many......
China Merchants Bank with Huawei’s ADN Solution Takes Home a Top Award at IDC FIIA 2021
The award recognized CMB’s innovation in automation and intelligence, implemented with Huawei through the Autonomous Driving Network (ADN) solution At the Asian Financial Services Congress 2021, China Merchants Bank (CMB) was named one of the best banking leaders for the 2021 Financial Insights Innovation Awards (FIIA) and took home the......
Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?
As the Covid-19 virus started to spread around the globe and a sharp economic downturn became apparent in many sectors, acquirers, and the financial institutions who maintain merchant accounts in order to accept card payments, faced a decline in the number of transactions being processed through their systems, and therefore......
Releaf, OnePipe Partnership Deepens Financial Inclusion, Improves Productivity For South-South Farmers
Over 65 percent of Nigerians are outside the financial services envelope, with millions unbanked or under-banked Over 2,000 oil palm farmers in Cross River and Akwa Ibom states now have access to digitized financial services, thanks to a partnership between Releaf, a raw material procurement & logistics platform that is......
Press Release Basis today’s Press Conference by IBA and SBI
Shri. Dinesh Khara, Chairman, SBI, Shri. Rajkiran Rai, Chairman, IBA and Shri Sunil Mehta, Chief Executive, IBA addressed a joint press conference today to announce the various support measures and launch of new loan products by all Public Sector Banks to mitigate the impact due to resurgence of Covid pandemic. While......
DigniFi Partners with TruVideo to Help Service Centers and Dealerships Close More Repair Orders with Better Clarity and Finance Options for Customers
With TruVideo, Service Advisors Create Videos to Explain Needed Repairs via Text to Customers and Can Now Offer Finance Options through DigniFi DigniFi, an automotive financing platform, announced a new partnership with TruVideo, a leading video and texting platform, to help auto service centers and dealerships close more repair orders......
Paxos Adds Patricia Kemp And Scott Malpass To Its Board Of Directors
Paxos, the first regulated blockchain infrastructure platform, announced it has added Patricia Kemp, Co-Founder and Managing Partner of Oak HC/FT, and Scott Malpass, former Vice President and Chief Investment Officer of the University of Notre Dame, to its Board of Directors. As seasoned executives in the financial services industry with significant expertise......
OneTeam Capital Partners With Linear Financial Technologies to Provide Working Capital Solutions to Small Businesses
OneTeam Capital announced that it has entered into an agreement with Linear Financial Technologies to deliver working capital solutions to small businesses in the United States. “As evidenced by recent optimism expressed by small businesses, the fog is lifting on a post-pandemic US economy. That, coupled with the phase-out of the......