Growth in Emerging Asia is proving resilient with real GDP growth in 2023 projected to 5.3 % on average in Emerging Asian economies (ASEAN-10, China and India), and by 4.6 % on average in ASEAN economies alone. The export sector helped boost economic growth and maintain the momentum of the region’s economies, though it has […]
ConTe.it Prestiti, a new venture in the credit sector of Admiral Group Italy, has partnered with Tink, Europe’s leading open banking platform, to offer customers in ConTe.itPrestiti’s network an improved and instant lending application process. ConTe.it Prestiti, a lending fintech platform, has embedded Tink’s Income Check product into its current offering, in order to make more accurate affordability assessments. Powered by open banking, Tink’s […]
The outlook for the global economy took a positive turn in the first half of 2023 as inflationary pressures began to ease, but ongoing geopolitical tensions and domestic challenges in key markets are slowing any return to sustained growth, according to the latest forecast from KPMG. According to KPMG’s latest Global Economic Outlook report, global […]
Global real estate services firm Cushman & Wakefield announced its Q1 2023 Hong Kong Residential Market Review and Outlook today. With the border reopening between Hong Kong and mainland China enacted in early February, coupled with the reduction of Ad Valorem Stamp Duty (AVD) in the 2023/2024 Budget, property buyers have regained confidence in the […]
Africa’s largest payment gateway, MFS Africa, has partnered with Western Union to enable individuals and businesses across the continent to receive money from over 200 countries and territories. The partnership will enable funds to be sent from countries around the world to mobile wallets across Africa through the organization’s licensed payment rails. The service will […]
Recent data shows that nearly half of company CFOs are currently in the process of expanding their business to overseas markets, or planning to do so soon. As well as capturing a greater market share, global expansion can provide companies with many additional benefits such as increased brand exposure, new investment opportunities, and fresh talent […]
ImaliPay, a leading global fintech-as-a-service provider, has signed a major deal with 3rd Party e-commerce fulfillment solution Renda. The partnership will support businesses across Africa by simplifying and streamlining the process of order fulfillment for enterprise and medium-sized businesses across Africa, starting with Nigeria. The two companies will provide key services to ambitious businesses, making […]
Award-winning, intra-African, cross-border remittances and digital wallet company EziPay, has partnered with MFS Africa, the continent’s leading digital payments gateway, to bring last mile connectivity for remittances and collections to and from mobile money wallets and bank accounts in Africa. The partnership comes at a time when mobile money is burgeoning at increasing rates on […]
SME Bank, the neobank startup that offers banking and financial services specifically for small- and medium-sized enterprises, is announcing today the addition of SEPA Instant Credit Transfers as well as becoming a member of SWIFT – a vast messaging network used by banks and other financial institutions around the world. The increased scope of service […]
While at the beginning of 2022 it was perhaps still assumed that the effects of the pandemic would slowly fade into the background, the Ukraine war and its consequences left clear traces on the domestic investment market. Rising energy prices, staff shortages and the massively changing interest rate landscape resulted in significantly fewer hotel transactions […]
