Cards & Payments
FinTech Euronet Worldwide Teams With AeTrade on Digital Payments
Digital payments in Africa are about to get an even wider reach, thanks to a new collaboration between Euronet Worldwide and the Africa Electronic Trade Group, or AeTrade.
Euronet announced the partnership on Wednesday (Nov. 9), saying the two firms...
Financing
ZikZuk acquires Tax e-filing platform, TaxSpanner.com
SME Neobank, ZikZuk Technologies, announced the acquisition of SPANACROSS IT Solutions, well known as TaxSpanner.com.For ZikZuk which is a neobank, this strategic acquisition will help enhance its overall product offerings and help over 10,000 small businesses become more digitally...
Banking
Banco Santander and Forgepoint Capital announce strategic alliance to advance cybersecurity investment and innovation globally
Banco Santander, one of the largest banks in the world with over 157 million customers, and Forgepoint Capital, one of the worldโs leading venture capital firms focused on cybersecurity, announced a strategic alliance to drive cybersecurity investment and innovation...
Banking
Australian Banks Ease Mortgage Rules As Property Arena Cools
Despite regulators' advice to exercise caution in recent months due to a declining real estate market, two of Australia's largest banks reportedly secretly lowered some house loan rules.
According to the sources, banks are currently less conservative when calculating predicted...
Financing
US Healthcare Lobbying Spending Surged 70% Over 20 Years
In the 20 years from 2000 to 2020, even after accounting for inflation, lobbyist spending in the US healthcare industry increased by more than 70%, with a sizeable chunk of that spending focused on pharmaceuticals and healthcare providers, according...
Asset Management
Energy Industry Cautions Against Share Buyback Tax In Canada
According to industry leaders and analysts, Canada's proposal to tax corporate stock buybacks is unlikely to prevent oil and gas producers from returning cash to shareholders and may even make them less competitive.
According to CIBC, Canadian energy companies have...
Financing
UOB Singapore Will No Longer Finance Oil And Gas Projects
In line with an increasing number of European lenders, Singapore's United Overseas Bank (UOB) will not offer any new project funding for upstream oil and gas projects cleared for development after 2022.
This week, UOB announced bold plans to achieve...
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