Report - page 112

News

RBI Warns Risk of India Economic Growth Falter

The report of the Reserve Bank of India (RBI), which was released on Wednesday, December 20, contains a statement that the economic system of this South Asian country will continue to demonstrate dynamic growth at a healthy pace, but the fact of the negative impact of high inflation on consumer demand creates a risk factor […]

News

Bank of Japan Holds Off From Policy Normalization Moves

The Bank of Japan maintained its moderate stance following the results of its last monetary policy meeting this year, although markets are signaling growing confidence that the financial regulator is gradually approaching the normalization of its activity strategy.

News

China Leaves Lending Benchmark Rates Unchanged

In China, local financial authorities on Wednesday, December 20, decided to keep benchmark lending rates at a monthly level, which corresponds to preliminary market expectations and is a predictable action that does not go beyond the most likely scenarios.

Fintech & Ecommerce

Uber for Business Adds Integrations With Expense Management Providers

Uber for Business has integrated with Brex and Ramp cost management service providers.

News

India Central Bank Tightens Rules for Financing of Alternative Investment Funds

The Central Bank of India on Tuesday, December 19, banned banks and non-bank financial companies that are in the area of its regulation from sending financing to alternative investment funds.

Finance & Economics

Malaysia’s Prime Minister Pushes for Local Currency Transactions in Trade

Malaysian Prime Minister Datuk Seri Anwar Ibrahim intends to implement a strategy to gradually increase the use of the local currency ringgit as part of financial operations in the sphere of trade.

Fintech & Ecommerce

Xero and Flinks to Enhance Banking Data Access

Xero, a global platform for small businesses, has announced the start of a partnership with Flinks, an open banking company.

News

Cambodia Chalks Up 10 Million Bakong Digital Currency Accounts

The digital currency of Cambodia called Bakong, which was developed with the participation of specialists from a Japanese startup, has become widespread, as evidenced by the existence of about 10 million accounts registered to own this digital money.

News

Apple Reportedly to Stop Selling Some Apple Watch Models

The media reported that Apple will stop selling the Watch Series 9 and Ultra 2 in the United States shortly before Christmas.

News

Bank of Japan Reportedly to Keep World’s Last Negative Interest Rate

The Bank of Japan is expected to maintain the world’s last negative rate on Tuesday, December 19.

News

Robinhood Pulls Customers From Larger Brokers

Robinhood began to gain clients from more well-known brokers, including Fidelity and Charles Schwab.

Fintech & Ecommerce

Salv Raises $4.3 Million

Salv, an Estonian-based provider of solutions to combat financial crimes, reported that it was able to raise financing for 3.9 million euros ($4.29 million).

Finance & Economics

Congressional Budget Office Predicts Decrease in Inflation in 2024

The Congressional Budget Office on Friday, December 15, released a forecast according to which the inflation rate in the United States will decrease next year.

Fintech & Ecommerce

UnionPay International Partners With Trip.com

UnionPay International (UPI) has established a partnership with Trip.com, a global virtual travel agency.

Fintech & Ecommerce

First Bank Launches Backbase’s Engagement Banking Platform

Backbase, which is currently a global leader in advanced sphere interacting banking, announced that First Bank, based in St. Louis, Missouri, has started operating on the Backbase Engagement Banking platform.

News

Banking Platform Kapital Raises $165 Million

Kapital, the company that manages the banking platform, announced that it has managed to raise new capital for $165 million.