Finance

Stocks slide on growth fears, oil tumbles

Stocks slide on growth fears, oil tumbles

By Sinéad Carew NEW YORK (Reuters) – Stock indexes around the world fell sharply on Monday and the dollar reversed course after ..

Bitcoin falls to 22-month low as stock markets tumble

Bitcoin falls to 22-month low as stock markets tumble

By Alun John and Elizabeth Howcroft HONG KONG / LONDON (Reuters) -Bitcoin fell to its lowest level since July 2021 on Monday as slumpi..

BoE’s Saunders worries inflation will be higher than forecasts

BoE’s Saunders worries inflation will be higher than forecasts

By David Milliken and William Schomberg LONDON (Reuters) -Bank of England policymaker Michael Saunders, who called in vain for a big i..

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

By Brenna Hughes Neghaiwi ZURICH (Reuters) -Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow..

Rouble weakens sharply from over 2-year high vs euro before long weekend

Rouble weakens sharply from over 2-year high vs euro before long weekend

(Reuters) -The Russian rouble dropped sharply on Friday, pulling back from a more than two-year high against the euro as the spectre o..

U.S. rate outlook hits stocks, propels dollar to 20-year highs

U.S. rate outlook hits stocks, propels dollar to 20-year highs

By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Friday following a slide in the previous s..

Stocks tumble on inflation fears, Treasury yields jump

Stocks tumble on inflation fears, Treasury yields jump

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – U.S. Treasury yields rose and a gauge of global equity markets slumpe..

BoE flags risk of recession and 10% inflation as it raises rates again

BoE flags risk of recession and 10% inflation as it raises rates again

By David Milliken, William Schomberg and Andy Bruce LONDON (Reuters) -The Bank of England sent a stark warning that Britain risks a do..

NFTs and Rewards Programs in Real Estate

NFTs and Rewards Programs in Real Estate

By Oscar Brito,CEO,  Metrospaces According to CNBC, NFT sales hit $17.6 billion in 2021, a 21,000% increase from 2020. Additionally, t..

Dollar slips before expected Fed rate hike

Dollar slips before expected Fed rate hike

By Karen Brettell NEW YORK (Reuters) – The dollar fell against a basket of currencies on Wednesday ahead of the outcome of a Fed..

Just Eat Takeaway faces shareholder backlash over dealmaking

Just Eat Takeaway faces shareholder backlash over dealmaking

(Reuters) – Just Eat Takeaway.com NV board was under fire on Wednesday from investors at its AGM who criticised its dealmaking a..

How Businesses Can Save On Rising Insurance Costs

How Businesses Can Save On Rising Insurance Costs

The government has warned that with the fallout from the war in Ukraine and energy prices constantly rising – inflation could be..

Stocks rise, U.S. yields slip as markets await Fed rate hike

Stocks rise, U.S. yields slip as markets await Fed rate hike

By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -A gauge of global equity markets edged higher on Tuesday while 10-year U.S..

Engageware Launches ‘Engage with Bankers’ Community for Financial Institutions

Engageware Launches ‘Engage with Bankers’ Community for Financial Institutions

New forum is a strategic resource for banking professionals to share industry best practices, collaborate and network TEWKSBURY, Mass...

European Payments Initiative Size-Down: Reasons Behind Half Member Banks’ Opt-Out and New Strategic Goals

European Payments Initiative Size-Down: Reasons Behind Half Member Banks’ Opt-Out and New Strategic Goals

Initially backed by 31 major Eurozone banks, the EPI has abandoned its agenda of creating a pan-European payments scheme, rivaling glo..

Dollar on track for best month since 2015

Dollar on track for best month since 2015

By Karen Brettell NEW YORK (Reuters) – The dollar slipped from 20-year highs against a basket of currencies on Friday but remain..

Nium Signs Definitive Agreement to Acquire Alternative Payments Network Platform, Socash

Nium Signs Definitive Agreement to Acquire Alternative Payments Network Platform, Socash

Acquisition combines Socash’s technology for local payment acceptance with Nium’s global platform for money movement network for a mod..

Analysis-Banks lag bond yield surge as recession worries trump cheap valuations

Analysis-Banks lag bond yield surge as recession worries trump cheap valuations

By Danilo Masoni MILAN (Reuters) – Expectations of rising interest rates have failed to lift valuations of European bank shares ..

Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan

Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan

By Karen Brettell NEW YORK (Reuters) – The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled-dow..

Closer U.S. ties would ‘reboot’ UK finance after Brexit, says report

Closer U.S. ties would ‘reboot’ UK finance after Brexit, says report

By Huw Jones LONDON (Reuters) -Britain should move further and faster in reforming its financial rules to ‘reboot’ after B..

Finance

Harnessing fintech to connect investors and developers across Europe

Harnessing fintech to connect investors and developers across Europe

  By:  Mihkel Stamm, Chief Operating Officer, Estate guru Only a couple of decades ago it would have been almost inconceivable to have retail inv..

Analysis-Euro peers over the cliff at dollar parity as recession looms

Analysis-Euro peers over the cliff at dollar parity as recession looms

By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will..

BoE set to walk the line between inflation and recession

BoE set to walk the line between inflation and recession

By William Schomberg LONDON (Reuters) – The Bank of England next week will try to walk what Governor Andrew Bailey calls a ̶..

Economic growth risks jolt inflation-obsessed markets

Economic growth risks jolt inflation-obsessed markets

(Refiles to fix date to April 27 not April 26) By Sujata Rao and Dhara Ranasinghe LONDON (Reuters) – After months focusing on ce..

Allica Bank launches fixed rates to support SMEs following Base Rate uncertainty

Allica Bank launches fixed rates to support SMEs following Base Rate uncertainty

  Allica Bank – the fintech challenger bank dedicated to empowering Britain’s established small and medium sized businesses – has..

Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to help Customers Reduce their Carbon Footprint  

Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to help Customers Reduce their Carbon Footprint  

  New customer transaction data-driven solution enables banks to show customers their carbon footprint and suggests ways to reduc..

Levels of Trust in Financial Services Reaches All-Time High

Levels of Trust in Financial Services Reaches All-Time High

  Increased Use of Technology and Product Personalization Fuel Investor Trust, CFA Institute Investor Trust Study Reveals London,..

SH Payments announces Irmantas Kamienas as CEO to lead European expansion 

SH Payments announces Irmantas Kamienas as CEO to lead European expansion 

Lithuania, 21st April 2022 – SH Payments, a leading provider of tier one banking and payments services, has today announc..

Britain says EU will struggle to shift euro clearing from London

Britain says EU will struggle to shift euro clearing from London

By Huw Jones LONDON (Reuters) – Britain’s financial services minister said on Tuesday that the European Union would find i..

Be simple in bank capital, Bank of England tells global regulators

Be simple in bank capital, Bank of England tells global regulators

By Huw Jones LONDON (Reuters) – The complex system of bank capital buffers could be radically simplified to encourage banks to k..

Stocks, commodities prices tumble on hawkish Fed, China worries

Stocks, commodities prices tumble on hawkish Fed, China worries

By Chris Prentice and Marc Jones WASHINGTON/LONDON (Reuters) -Traders ditched riskier assets on Monday as relief over Emmanuel Macron&..

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

(Adds bank affiliation BNP Paribas in analyst quote in 5th paragraph) By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK (Reuter..

Southwest Louisiana Credit Union Deploys Scienaptic’s AI-Powered Credit Underwriting Platform

Southwest Louisiana Credit Union Deploys Scienaptic’s AI-Powered Credit Underwriting Platform

NEW YORK – Apr. 20, 2022 – Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Southwest Lo..

BFINANCE ADOPTS IMPACT INVESTING PRINCIPLES

BFINANCE ADOPTS IMPACT INVESTING PRINCIPLES

  Investment consulting firm commits to key initiative led by the Impact Investing Institute London, 19 April 2022: Independent i..

Accelerating bank and ATM closure programme threatens future of cash in UK

Accelerating bank and ATM closure programme threatens future of cash in UK

  – Access to Cash Review may have accelerated closures – Consumers & businesses face near extinction of cash unl..

ArK Kapital and Pollen Street Capital sign SEK1.5bn senior secured debt facility to help startups grow smarter through AI-powered financial forecasts and non-dilutive funding

ArK Kapital and Pollen Street Capital sign SEK1.5bn senior secured debt facility to help startups grow smarter through AI-powered financial forecasts and non-dilutive funding

April 19th, 2022 – ArK Kapital – the data-driven precision finance company enabling startups to grow smarter through long-term loans, ..

HBAR Foundation Announces $50m Fund To Foster Fintech Innovation in the Hedera Ecosystem

HBAR Foundation Announces $50m Fund To Foster Fintech Innovation in the Hedera Ecosystem

Dallas TX — April 14th, 2022 — The HBAR Foundation, an organization that fuels the development of the Hedera ecosystem by providing gr..