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Published on Nov 6, 2024

FSB MENA Group Discusses Artificial Intelligence, Cyber Risk And Operational Readiness

The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) met today in Saudi Arabia. The meeting was hosted by the Saudi Central Bank (SAMA), at its headquarters in Riyadh. Technological innovation …

Source: Mondovisione - Neutral
Published on Nov 6, 2024

Southeast Asia driving digital payment innovation to enhance user experience, boost regional economies

BERNAMA – Southeast Asia and the wider Asia-Pacific region are driving a wave of innovation in digital payments that will enhance consumer accessibility and financial inclusion region-wide for the further convenience of consumers. The fast-growing …

Source: Borneo Bulletin - Gov't Propaganda
Published on Nov 6, 2024

India’s Golden Power Move: RBI Secretly Repatriates 102 Tonnes of Gold from London

In a move loaded with both literal and metaphorical weight, the Reserve Bank of India (RBI) recently repatriated 102 tonnes of gold from international vaults to secure its reserves on home soil. This decision carried out with minimal buildup, reveals a …

Source: YourStory - Neutral
Published on Nov 6, 2024

FO° Exclusive: Make Sense of BRICS Summit in Russia

On October 22, Russian President Vladimir Putin hosted the BRICS summit in Kazan, Russia, gathering leaders from Brazil, Russia, India, China and South Africa. These five countries make up the BRICS organization, which aims to reshape the global order to …

Source: Fair Observer - Left-wing
Published on Nov 1, 2024

The Bank for International Settlements has decided to withdraw from the mBridge project

AK&M 01 November 2024 17:05 The Bank for International Settlements (BIS) has decided to withdraw from the mBridge digital cross-border payments project due to the possibility of using the underlying technology to circumvent sanctions and a potential …

Source: AK i M - Label Pending
Published on Nov 6, 2024

Foreign policy’s impact on future FX reserves composition

“Global economic ties are changing in ways we have not seen since the end of the Cold War,” said Gita Gopinath, first deputy managing director of the International Monetary Fund (IMF), in May 2024. In this decisive year of elections, voters’ perceptions of …

Source: Central Banking - Neutral
Published on Nov 6, 2024

Explainer-Why China's economy is more vulnerable to Trump tariffs this time

By Marius Zaharia HONG KONG (Reuters) - A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs on U.S. imports of Chinese goods poses major growth risks for the world's second-largest economy. Not only are the …

Source: Yahoo Finance - Label Pending
Published on Nov 6, 2024

Singapore Fintech Report 2024: Losses Continue to Mount for Digital Banks

Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox In 2024, Singapore’s fintech landscape continued its dynamic expansion, reinforcing the country’s position as a leader in payment innovation, digital banking and digital …

Source: Fintech News - Neutral
Published on Nov 6, 2024

Project Nexus Preps for Live Launch with New Singapore Managing Entity

Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox The five central banks collaborating on Project Nexus will set up a managing entity called the Nexus Scheme Organisation (NSO). Based in Singapore, the NSO will oversee the …

Source: Fintech News - Neutral
Published on Nov 5, 2024

African countries shouldn’t have to borrow money to fix climate damage they never caused – economist

As we approach the global annual climate change conference, COP29, the need for increased public finance from the global north to address climate adaptation in Africa has become more urgent than ever. However, framing the finance debate solely around this …

Source: The Conversation - Neutral
Published on Nov 5, 2024

Achieving more efficient and compliant cross-border payments

Can transferring money overseas ever be as speedy and easy as paying for a meal in your local restaurant using real-time payments systems or wallets such as DBS PayLah!? Imagine a world where consumers, businesses and institutions enjoy the same experience …

Source: The Business Times Singapore - Neutral
Published on Nov 4, 2024

Singapore Responds to ‘Strong Interest’ in Asset Tokenization

Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. The Monetary Authority of Singapore (MAS) said the effort will include deepening the liquidity of tokenized assets by the formation of commercial …

Source: PYMNTS.com - Massachusetts - Neutral
Published on Nov 4, 2024

Financiers isolate Middle East over sanctions-evading paytech

International financiers have pulled support for a revolutionary paytech system being rolled out in the Middle East after it became embroiled in Russian plans to evade sanctions intended to snuff foreign trade flows supporting its invasion of Ukraine. The …

Source: Computer Weekly - Neutral
Published on Nov 4, 2024

National Bank of Georgia unveils innovative fintech strategy to foster ecosystem growth

The National Bank of Georgia on Monday announced the release of its national fintech strategy, developed in collaboration with the World Bank, with the aim of encouraging collaboration between public and private entities both within the country and …

Source: Agenda.ge - Public Broadcaster
Published on Nov 4, 2024

Dedollarization drive: What would John Maynard Keynes have thought?

The lenders that surfaced from a crucial 1944 meeting in Bretton Woods, New Hampshire—the International Monetary Fund (IMF) and the World Bank—were subject to great American influence. The dollar was cemented as the driving force in the foreign-exchange …

Source: Mint - Neutral
Published on Nov 3, 2024

The west must outdo rival efforts to build an alternative financial system

Stay informed with free updates Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Besides the spectacle of a UN secretary-general obsequiously paying respect to a Russian president indicted for abducting children, last …

Source: The Financial Times - Neutral
Published on Nov 4, 2024

BIS Exits ‘Project mBridge’ Citing Maturity Amid BRICS Speculation

Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox The Bank for International Settlements (BIS) Innovation Hub announced that it has “graduated out” of Project mBridge. Project mBridge is a major cross-border payments …

Source: Fintech News - Neutral
Published on Nov 4, 2024

BIS Gold Swaps Fell From 157 Tonnes in August to 112 in September

The September statement of account for the Bank for International Settlements was published this week -- https://www.bis.org/banking/balsheet/statofacc240930.pdf -- and it indicates that the volume of gold swaps undertaken by the BIS …

Source: GoldSeek.com - Label Pending

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Published on November 7, 2024 - 03:00 GMT

Global Microlending Market Forecast To Reach $345.4 Billion By 2028 With 12.6% Annual Growth

The Business Research Company's Global Microlending Market Forecast To Reach $345.4 Billion By 2028 With 12.6% Annual Growth LONDON, GREATER LONDON, UNITED KINGDOM, November 7, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Early …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 7, 2024 - 02:56 GMT

Microsoft Solutions Partner, Unify Dots, to Showcase Microsoft Dynamics 365 Supply Chain at ERP Demo Day

SINGAPORE, November 7, 2024 /⁨EINPresswire.com⁩/ -- Unify Dots, Microsoft Prestige Partner, to showcase Microsoft Dynamics 365 Finance and Supply Chain at the ERP Demo Day in Singapore. Unify Dots, a global leader in ERP and business …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 7, 2024 - 02:00 GMT

VisionTech Partners with KTCj to Expand Innovative Technology Solutions in Malaysia

KUALA LUMPUR, MALAYSIA, November 7, 2024 /⁨EINPresswire.com⁩/ -- VisionTech Pte Ltd (VisionTech), a Generative AI company focused on developing solutions for governments, Enterprises and SMEs today announced a strategic partnership with KTCj …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 7, 2024 - 00:53 GMT

City of East Point Launches Empowerment Initiative to Drive Economic Mobility for Families

Pilot Program to Equip 25 Families with Financial Literacy and Career Skills EAST POINT, GA, GA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- The City of East Point proudly announces the launch of the “Empowered by Getting Ahead” …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 7, 2024 - 00:26 GMT

COPEL - O EBITDA ajustado da Copel foi de R$ 1.239,7 milhões no 3T24

CURITIBA, PARANA, BRAZIL, November 6, 2024 /⁨EINPresswire.com⁩/ -- O EBITDA ajustado da Copel foi de R$ 1.239,7 milhões no 3T24, refletindo a robustez de uma empresa integrada e com portfólio diversificado. A Copel Geração e Transmissão (Copel GeT) …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 7, 2024 - 00:00 GMT

VisionTech Parners with KTCj Solutions to Expand Innovative Technology Solutions in Malaysia

KUALA LUMPUR, MALAYSIA, November 7, 2024 /⁨EINPresswire.com⁩/ -- VisionTech Pte Ltd (VisionTech), a Generative AI company focused on developing solutions for governments, Enterprises and SMEs today announced a strategic partnership with KTCj …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 21:28 GMT

HomeBuyer’s Preferred is Now HBP Radon Protection

HomeBuyer’s Preferred, a subsidiary of Radonova, Inc., announces their name change to HBP Radon Protection. LOMBARD, IL, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- HBP Radon Protection began in 1993 as a radon protection program to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 21:10 GMT

PRC Equity Fund Offers Retirement Investors Stability and Income Amid Market Volatility

A unique opportunity to help solve Texas’s student housing crisis while building a secure future. ARLINGTON, TX, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- PRC Equity Fund introduces a unique opportunity for retirement investors to …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on November 6, 2024 - 20:52 GMT

Values of Commercial and Residential Properties in Burlington Township Experienced an 8% Increase

O'Connor has observed a remarkable 8% increase in the values of both commercial and residential properties in Burlington Township. CHICAGO, IL, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Burlington Home Values on the Rise The …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on November 6, 2024 - 20:24 GMT

Balfour Capital Group Launches New Derivatives Trading Division in Partnership with Boos Investments Sarl

Expanding Global Footprint in Futures and Options to Serve Diverse Institutional Needs HONG KONG, November 6, 2024 /⁨EINPresswire.com⁩/ -- Balfour Capital Group, in collaboration with Boos Investments Sarl, is thrilled to announce the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 19:35 GMT

Top Agent Magazine Publishes Article on the Future of Real Estate

Top Agent Magazine reveals a positive outlook for real estate with real estate predictions and insights from trusted sources Nationwide. LOS ANGELES, CA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Top Agent Magazine has released a new …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 19:19 GMT

Al Sayyah Group Launches its New Project, Butterfly Towers in Arjan, Dubai

Butterfly Towers is an AED 350 million luxurious project with 434 residential units UNITED ARAB EMIRATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Al Sayyah Group, a leader in Dubai's real estate Industry, with more than 15 projects delivered …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on November 6, 2024 - 19:00 GMT

Ignition’s Pricing Benchmark uncovers shift among U.S. accounting firms toward price increases

Over half of firms plan to increase fees across all services in 2025 due to rising business costs; shift to fixed-fee and value-based pricing models more common SAN FRANCISCO, CA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Ignition, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 18:52 GMT

Cloud Ready and StoneFly Partner to Bring Ransomware-Proof Storage and Backup and DR to Australia

CASTRO VALLEY, CA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Cloud Ready Solutions, a leading value-added IT distributor in Australia and the Pacific Islands, has partnered with StoneFly, Inc. (iscsi.com) a global leader in ransomware …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on November 6, 2024 - 18:38 GMT

Fix & Flip Workshop Returns to Los Angeles

Fix & Flip Workshop Returns to Los Angeles CULVER CITY, CA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- Los Angeles Cunty Real Estate Investors Assocation presents a Fix & Flip Workshop on Saturday, November 23, 2024. At the …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on November 6, 2024 - 18:18 GMT

DCIG Top 5 Midmarket Solutions Names StoneFly S3 Object and SAN Block Storage Solutions

StoneFly, Inc , has been recognized by DCIG as a Top 5 Midmarket solution for its S3 object storage and SAN block storage offerings. CASTRO VALLEY, CA, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- StoneFly, Inc., a leading provider of …

Distribution channels: Banking, Finance & Investment Industry, Electronics Industry ...
Published on November 6, 2024 - 18:00 GMT

The Calida Group Announces Ainsley at The Collective in Las Vegas Now Leasing

Ainsley by Elysian Living will offer urban-inspired, wellness-focused living to Las Vegas residents LAS VEGAS , NV, UNITED STATES, November 6, 2024 /⁨EINPresswire.com⁩/ -- The Calida Group, a leading real estate development company, is thrilled to …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on November 6, 2024 - 17:59 GMT

TuumIO and Goliath Engineering Technology Partner to Explore Decentralized Solutions for Government Agencies

TALLINN, ESTONIA, November 6, 2024 /⁨EINPresswire.com⁩/ -- TuumIO, a leading technology company focused on building decentralized application infrastructure, is proud to announce a strategic partnership with Goliath Engineering Technology to …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on November 6, 2024 - 17:33 GMT

Galileo Financial Technologies inaugura nuevas oficinas en Buenos Aires

En el marco de la presentación del Finnovista Fintech Radar Argentina 2024, Galileo Financial Technologies reafirma su compromiso con el país BUENOS AIRES, ARGENTINA, November 6, 2024 /⁨EINPresswire.com⁩/ -- Los líderes de Galileo Financial …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 6, 2024 - 17:12 GMT

Amaze Software and Fresh Vine Wine Merge to Redefine the Creator Powered Commerce Landscape

NEWPORT BEACH, CA, UNITED STATES, November 7, 2024 /⁨EINPresswire.com⁩/ -- Amaze Software, Inc. ("Amaze") (through Adifex Holdings LLC) and Fresh Vine Wine, Inc. ("Fresh Vine Wine") (NYSE:VINE) have signed a definitive agreement …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...