Bangalore (Karnataka) [India], July 24: actyv.ai, a path-breaking AI-powered enterprise SaaS platform with embedded B2B BNPL (Buy Now Pay Later) and insurance, has announced that it has successfully crossed USD 1 billion in transactions, in a record seven months. This achievement is a testam
Singapore/ London [UK], July 18: MODIFI, the global cross-border business payments company, has secured a USD 100 million debt facility with HSBC Innovation Banking UK to further growth.
The report discusses global and local macroeconomic conditions, and domestic asset markets, and provides a detailed assessment and evaluation of the UAE banking system. This is in addition to outlining the variety of tools deployed by the CBUAE as part of its macroprudential mandate, as well
Pune (Maharashtra) [India], July 14: Investing in fixed deposits (FDs) is a reliable and low-risk way to grow your wealth. However, it can be challenging to calculate the exact returns on your FD investments, considering that interest rates and compounding periods can vary across financial i
Chennai (Tamil Nadu) [India], July 10: Clayfin, a leading provider of Digital Customer Experience solutions for Banks and Financial institutions, is thrilled to announce that it has been awarded the prestigious ISO/IEC 27001:2013 certification for its commitment to maintaining the highest st
New Delhi [India], July 6: The global financial markets have been volatile since the turn of 2020. Events such as the global pandemic, the Ukraine-Russia conflict, US Fed tapering and surges in energy prices have ushered a period of heightened uncertainty, triggering inflationary pressure an
COP28 President-Delegate, Sultan Al Jaber, today delivered a virtual address at the meeting of G77 + China Ministers and High Authorities of Environment, Science, Technology and Innovation, held in Havana, on Sustainable, Inclusive and Resilient Development, where he reiterated the need to r
Mumbai (Maharashtra) [India], July 4: The Board of Directors of IDFC FIRST Bank Limited ("IDFC FIRST Bank" or "the Bank") at its meeting held today, July 03, 2023, have approved the Scheme of Amalgamation of IDFC Limited with IDFC FIRST Bank. The Share Exchange Ratio for the amalgamation of
New Delhi [India], July 3: The Indian business community, financial institutions, and stakeholders have long grappled with the challenges of resolving financial distress in businesses. However, with the dawn of the Insolvency and Bankruptcy Code, 2016 (IBC), a new era of comprehensive legal
Pune (Maharashtra) [India], June 30: Fixed deposits have long been preferred investment avenues in the country. Almost 90% of Indian families consider FDs to be a reliable investment tool. And with good reason, since these are fixed-income instruments where the rate of interest does not depe
New Delhi [India], June 28: Dubai based, global digital debt collection and risk management start-up Datacultr today announced that its platform has enabled banks and financial institutions to extend loans worth over $ 1 billion (Rs 8,200crore), by May 2023. Datacultr's technology enables it