worldbusinessstar
Monzo abandons US banking license bid
British digital bank Monzo, a loss-making bank has withdrawn its application for a U.S. banking licence. This is after more than two years of...
New industry standard will speed up financial data sharing
Financial services organizations are keen to mine insights from a growing number of data sources. But sometimes, due to some limitations they are held...
iOS 15, the impact on fintechs
On the 20th September Apple began rolling out it’s latest device software update iOS 15. In June Apple revealed that iOS 15 would contain...
Energy costs added to emerging central bank’s inflation
Higher energy prices are fanning inflation in several emerging markets. This is by testing the resolve of their central banks, says the analysts. Also,...
German election leaves investors braced for more spending
The purse strings have been loosened. No matter who heads Germany’s new government, it will stay the same. That’s the verdict from investors. After Finance Minister...
Ferrari, Exor clinch alliance with former Apple designer
Italian luxury car maker Ferrari and its parent company Exor, are joining forces with with Jony Ive. It is the creative mind behind many...
Evergrande faces local government inquiry
The city’s financial regulator told the investors that the Shenzhen government is investigating a unit of Chinese developer Evergrande. This is a first sign of an...
Resilience leads to opportunity-Private Equity
UK is entering the summer months. The vaccine roll-out had the impact needed to push COVID-19 off the news agenda. As the economy moving...
Cabinet coming next month says Canada’s Trudeau
Canadian Prime Minister Justin Trudeau said that he will swear in his new cabinet with Chrystia Freeland returning as his finance minister and deputy, after his...
No automatic expansion of bond buying program-Kazimir
ECB policymaker Peter Kazimir told Bloomberg that the ECB will not automatically expand its Asset Purchase Program. This is when its 1.85 trillion-euro pandemic...
