Finance & Economics - page 112

Wealth Management: Do You Need a Wealth Manager?
Finance & Economics

Wealth Management: Do You Need a Wealth Manager?

The need for wealth management experts and their services rises along with the total amount of money in the world. But what does banking wealth management entail? Wealth management is a long-term advice service provided to wealthy clients to assist in developing and carrying out a plan for their financial management.  When you choose to use […]

Wyre Introduces Withdrawal Limits
Blockchain & Crypto

Wyre Introduces Withdrawal Limits

San Francisco-based crypto payments firm Wyre is implementing 90% withdrawal limits for user accounts, “acting in the best interest of our community”

FlexxPay Partners ADCB to Offer Payroll Services in UAE
Fintech & Ecommerce

FlexxPay Partners ADCB to Offer Payroll Services in UAE

This new alliance gives UAE companies an opportunity to provide their unbanked employees with complete digital bank accounts using the FlexxPay app with access to ADCB payroll services

China Lifts Zero-COVID Policy: Disastrous for World Economy?
Finance & Economics

China Lifts Zero-COVID Policy: Disastrous for World Economy?

Chinese citizens and businesses emerge from a three-year isolation as China lifts zero-COVID policies imposed back in 2019. Experts across multiple industries are concerned about the impending impact this will have on global health and economy. Cut off from the rest of the world since the start of the COVID-19 pandemic, mainland China finally opens […]

US Banks to Report Profit Decline, Prepare for Recession
Finance & Economics

US Banks to Report Profit Decline, Prepare for Recession

Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown

Nuvei to Buy Paya
Finance & Economics

Nuvei to Buy Paya

The Canadian payment company Nuvei signed a deal to purchase the American division of Paya. 

Swiss National Bank Post $143 Billion Loss in 2022
Finance & Economics

Swiss National Bank Post $143 Billion Loss in 2022

In 2022, the Swiss National Bank recorded losses of $ 143 billion.

Santander Partners Allianz Trade & Two for B2B BNPL Solution
Finance & Economics

Santander Partners Allianz Trade & Two for B2B BNPL Solution

The partnership combines Allianz Trade’s global corporate database with Two’s B2B BNPL technology, while Santander provides expertise in Working Capital Solutions

Who Is and Isn’t Feeling the Unofficial Recession?
Finance & Economics

Who Is and Isn’t Feeling the Unofficial Recession?

“The credit market is clearly telling the equity market: we don’t see a recession, and if we do see one, it will be a mild one,” says head of international fixed income at NatAlliance Securities, as quoted by the Financial Times. And yet, the current inflation is deemed “the hottest” in four decades. The first […]

Customers of US Bank Silvergate Withdrawn Over $8bn of Crypto-Linked Deposits
Blockchain & Crypto

Customers of US Bank Silvergate Withdrawn Over $8bn of Crypto-Linked Deposits

Customers of the American bank Silvergate have withdrawn more than $8 billion from their cryptocurrency-related deposits. About 65% of Silvergate’s customers have withdrawn their deposits in the last three months of 2022. The bank sold its assets worth $5.2 billion. This decision was made by a financial institution to cover expenses. Also, the sale of […]

MACH Alliance Announce New Member Adyen
Finance & Economics

MACH Alliance Announce New Member Adyen

The MACH Alliance group of independent technology companies announced on January 6 that its structure will include Adyen (AMS: ADYEN), a global financial technology platform.

Demographics Determine Payment Preferences
Finance & Economics

Demographics Determine Payment Preferences

The European Central Bank found out that the demographic factor determines consumers’ payment preferences.

Twenty7tec to Buy Meet Parker
Finance & Economics

Twenty7tec to Buy Meet Parker

British mortgage technology firm Twenty7Tec acquired a specialist in digital interaction based on artificial intelligence, Meet Parker.

Tanzanian Fintech Company Nala Launches Business in EU
Fintech & Ecommerce

Tanzanian Fintech Company Nala Launches Business in EU

The Tanzanian fintech company Nala announced the start of work in 19 countries of the Eurozone.

Mastercard Launches Web3-Focused Incubator
Blockchain & Crypto

Mastercard Launches Web3-Focused Incubator

Mastercard launches an incubator focused on web3.

Abu Dhabi Islamic Bank Release Contactless Payment Devices
Finance & Economics

Abu Dhabi Islamic Bank Release Contactless Payment Devices

The Islamic Bank of Abu Dhabi launched the release of devices for contactless payments.

Finance & Economics