Finance & Economics - page 105

An Introduction To Withholding Tax
Articles

An Introduction To Withholding Tax

Taxes can be intimidating and overwhelming for most of us. Withholding tax is just one type of tax that may affect your finances, but it doesn’t have to be a daunting task. Knowing the basics of how withholding tax works is important in understanding how it affects your overall financial situation. So let’s begin with an […]

Saudi Arabia Central Bank Launches CBDC Experiment
Fintech & Ecommerce

Saudi Arabia Central Bank Launches CBDC Experiment

Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.

Metro Bank Launches Digital Car Loan
News

Metro Bank Launches Digital Car Loan

UK-based Metro Bank is joining the auto financing market with a new digital car loan offer

SEBA Bank Introduces New Crypto Service
News

SEBA Bank Introduces New Crypto Service

Swiss digital assets service provider SEBA Bank introduces a suite of crypto banking offers for various client types

Mercado Labs Launches Management System for Small Businesses
News

Mercado Labs Launches Management System for Small Businesses

Mercado Labs has launched an import management system for small and medium-sized businesses (SMBS).

Binance Moved $346M for Bitzlato Accused of Money Laundering
News

Binance Moved $346M for Bitzlato Accused of Money Laundering

Binance was among the top three counterparties for the Bitzlato digital currency exchange, whose founder was arrested by US authorities, accused of money laundering

BlockFi Has $1.2B FTX Exposure: Uncensored Financials Leaked
Blockchain & Crypto

BlockFi Has $1.2B FTX Exposure: Uncensored Financials Leaked

BlockFi has reportedly uploaded uncensored financials by mistake, revealing a major connection to the bankrupt FTX and its subsidiary Alameda Research

Bangladesh Central Bank Pilots QR Code Payments System
News

Bangladesh Central Bank Pilots QR Code Payments System

The Central Bank of Bangladesh has launched a trial of an interoperable QR code-based payments system, working regardless of customers’ account-keeping banks or organisations

Revolut to Launch Ultra Premium Plan
News

Revolut to Launch Ultra Premium Plan

Neobank Revolut will launch a new top-tier premium “Ultra” subscription plan by spring 2023

Swiss Bank Cité Gestion Becomes First Private Bank to Tokenize Its Own Shares
Cité Gestion

Swiss Bank Cité Gestion Becomes First Private Bank to Tokenize Its Own Shares

The private bank has partnered with digital assets platform Taurus to issue and manage its tokenized shares.

Banking as a Service: What It Is and Why It’s Important
Fintech & Ecommerce

Banking as a Service: What It Is and Why It’s Important

Banking as a service has a huge potential, expected to reach mainstream adoption within two to five years. Let’s discover the basic mechanisms and perspectives of the BaaS industry.

ECB to Stay Course to Return Inflation to 2%
News

ECB to Stay Course to Return Inflation to 2%

Christine Lagarde said that the European Central Bank will take all necessary measures to return inflation to the target of 2%.

BNY Mellon and Fiserv Partner on Real-Time FX Rate Quotes
News

BNY Mellon and Fiserv Partner on Real-Time FX Rate Quotes

The partnership between Fiserv and BNY Mellon brings US financial institutions one step closer to fast and easy cross-border transactions

ECB Contemplates Development of Digital Euro App
News

ECB Contemplates Development of Digital Euro App

The European Central Bank is exploring the prospects of creating a digital euro mobile application.

US Biggest Banks Teams Up to Take On Apple and PayPal
News

US Biggest Banks Teams Up to Take On Apple and PayPal

The largest US banks are joining forces to create a digital wallet.

UAE Backs Crypto Adoption With Trading Potential
Blockchain & Crypto

UAE Backs Crypto Adoption With Trading Potential

The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.

Finance & Economics