CaixaBank, Spain’s leading retail bank, now has more than two million customers who sign online, web and mobile banking transactions on their smartphone, using the CaixaBank Sign application. This figure has doubled compared to October 2019, when it hit one million customers using the bank’s digital signature application. The growth in the use of this […]
In a joint basic research project with the Bosch research team “Economy of Things”, Daimler Mobility and technology partner 51nodes, Boerse Stuttgart Group has developed a flexible method for financing industrial capital goods on a blockchain basis. In addition to technical feasibility, the project, which has been running since May 2019, also covered legal and […]
The Global Supply Chain Finance Forum (GSCFF) – comprising BAFT (Bankers’ Association for Finance and Trade ), FCI (formerly known as Factors Chain International), the International Chamber of Commerce (ICC), the International Trade & Forfaiting Association (ITFA) and the Euro Banking Association (EBA) – have released a paper in response to growing concerns regarding the […]
Backbase today announces that Mauritius Commercial Bank (MCB) has gone live with a brand new mobile app for SMEs built from the ground up on the Backbase Digital-first Banking Platform. This milestone marks the completion of the first phase of MCB and Backbase collaboration. Together with Backbase, the bank is accelerating the path towards digital […]
Over 75% of Malaysian businesses have embraced at least one fintech product or service over the past 12 months, according to findings from a new regional survey of business fintech usage by global professional accounting organisation CPA Australia. Mobile payments and digital wallets were the most widely adopted fintech in Malaysia in the past 12 […]
Duff & Phelps, the world’s premier provider of governance, risk and transparency solutions, has launched its seventh annual Global Enforcement Review. The report found that the first half of 2020 has seen an uptick in AML fine values globally totaling $706m compared to 2019’s full-year-total of $444m. However, the global totals of AML fines in […]
SMEs need to think now about their funding plans, ahead of the phasing out of JobKeeper, or risk being part of the anticipated October spike in insolvencies. Australia’s largest non-bank SME lender, Scottish Pacific, says there are three key questions business owners must ask themselves. With ASBFEO and many economists concerned about an approaching “insolvency […]
BSI, the business improvement company, recently conducted a survey among business leaders in North America to better understand the ongoing impact of Covid-19 on organisations and evaluate their continuity efforts on the road to recovery. This survey is the second in the BSI Covid-19 Pulse Survey series, which is designed to help identify organisational pain […]
Hong Kong businesses have embraced fintech and are reaping the benefits, experiencing improved business efficiency, cost savings and an enhanced customer experience, according to a regional survey of business fintech usage by CPA Australia. The survey found that 84% of Hong Kong respondents expect their business to use at least one fintech product or service […]
ICON Corporate Finance, which recently advised mobile money provider Beyonic on its sale to MSF Africa, believes that despite the turmoil of the Covid-19 pandemic and IMF forecast that Africa’s economy is likely to contract by 3.2% this year, the fintech sector remains a key driver of the region’s economic growth. The World Bank projects […]
