Financing

A likely ban on bank commissions to financial advisers who are in the business of selling their products can very well be a part of a wider shake-up when it comes to retail financial services in the European Union,...

BENEFIT, an electronic financial transactions services company, signed a Memorandum of Understanding with the Jordanian Payment and Clearing Systems Company (JoPACC). The key focus of the MoU is to foster collaboration and participate in the programs part of the Jordan...

For its first Eurobond sale of the year, Saudi Arabia has attracted more than $20 billion in investor orders for a triple-tranche dollar bond. The kingdom has disclosed details of a sale of notes with maturities of five, 10.5 and...

According to Mairead McGuinness, the head of the European Union's financial services, a restriction on inducements for advocating sales of financial goods could reduce costs for retail customers by much more than a third. Inducements are payments made by banks...

Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform. “Imburse has developed a great product for the global insurance industry...

Bano Pty Ltd was issued an Australian Financial Services Licence (AFSL) by The Australian Securities and Investments Commission (ASIC). “With the AFSL, we are able to strive for our mission of facilitating a healthier relationship between our users and their...

Crypto mining firm Argo Blockchain has entered into an agreement with Galaxy Digital Holdings to sell its Helios facility in Texas for $65 million and refinance its asset-backed loans. Additionally, Galaxy has agreed to host Argo’s mining machines located...