financial institutions

Econography March 18, 2022 • 11:06 a.m. ET Renmibi…

The social media video of Finance and Civil Service Minister Dr Nigel Clarke and his barber Paul which was filmed at Gordon House last Tuesday was political theatre. The objective: to give elected officials and citizens a…

Maybe nation states aren't the best way to organize money. So what is the alternative? Last year I wrote that an economy that is a network of cities will require different services and financial institutions from those based on national…

Putin's war Daniel Leal, AFP via Getty Images In just one week, Russian President Vladimir Putin has caused hundreds of deaths and wreaked havoc on the lives of millions. He also started the destruction of the…

The interest rate sets a floor for price increases. The level of the rate is one of those multiple causes which explain inflation and which has remained unscathed not only in economic policies, but even in public debate. Perhaps because…

In her 2022 budget speech on Tuesday, Finance Minister Nirmala Sitharaman announced that the Reserve Bank of India (RBI) would launch its own digital rupee in the new fiscal year. The digital rupee is a central bank digital currency (CBDC)…

The following Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to help the reader understand the results of operations and financial condition of Progress Software Corporation.…

The U.S. Department of the Treasury's ("Treasury") Financial Crimes Enforcement Network ("FinCEN") has made it clear that companies that engage in certain activities involving virtual currencies are subject to the registration, reporting,…

The recent rise and rise of the cryptocurrency market followed by a crash has heightened the mistrust and defiance of Main Street, which still equates the entire crypto sphere with bitcoin, despite the growing popularity of NFTs –!-->…

Gen Z seem determined to disrupt the world and are now bringing their disruptive attitudes to the world of investing.This tech-savvy, mobile-focused generation is shedding old prejudices and embracing more progressive views on race, gender,…

While Nigerians complain about the shortage of low-value naira banknotes, which are mainly used for economic transactions between the masses, experts have attributed this shortage to the high cost of printing the banknotes and the…

By VICTOR JUMA Kenya's net foreign assets fell by Ksh 87.1 billion ($ 769.7 million) in the year through September, the largest drop to date, indicating that local financial institutions have liquidated some of their portfolios…

Wall Street's abandonment of the London Interbank Offered Rate takes effect at the start of the new year. Some companies are better prepared for it than others. From…

FitPreneurShip has released its latest report which offers readers a comprehensive overview of what cryptocurrencies are and how they work. New York, United States - December 24, 2021 - In the new report, readers are given a…

A blockchain-based payment system for the benefit of a large unbanked populationSmall countries have more to gain from digital currenciesLow levels of digital, financial literacy is a challengeBANGKOK, Dec. 22 (Thomson Reuters Foundation)…

RIO DE JANEIRO, BRAZIL - Russia plans to introduce a prototype digital ruble issued by the central bank by January 2022, and freely tradable and uncontrollable cryptocurrencies such as Bitcoin and others are therefore undesirable. They…

Breadcrumb Links PMN company Author of the article: Release date : Dec 17 2021 • 29 minutes ago • 2 minutes to read • Join the conversation…

E-commerce growth is expected to reach pre-pandemic levels by the end of this year. However, fast-growing and emerging regions remain excluded from access to global e-commerce due to the prevailing constraints on cross-border shopping.…

The digital euro should be an attractive means of payment, but its design should prevent it from becoming such a popular store of value that it threatens banks and private money, according to Fabio Panetta, a senior executive in the…

The implementation of the Comprehensive Regional Economic Partnership will strengthen financial ties among potential RCEP members and boost financial innovation, industry insiders said at a side…

“Euro Currency Rate Reserve Percentage” means, for any date: d. in the case of a revolving credit advance, the percentage (expressed in decimals) that is in effect on that date, as…

The eNaira is trustworthy and complies with Nigeria's financial laws. Central Bank of Nigeria Governor Godwin Emefiele will go down in history as one of Nigeria's most innovative CBN governors. Emefiele has launched several initiatives…

Here in Hong Kong, Category 8 typhoons were infrequent. Much like the floods in Germany and the massive forest fires in California were disasters that we might see every ten years or so. This is unfortunately no longer the case. In…

open sharing links close sharing links For years, the accounting industry has been viewed as a time-honored practice whose primary responsibility is to help businesses…

New York, NY, October 25, 2021 (GLOBE NEWSWIRE) - Arca Labs, the innovation division of digital asset…

JPMorgan Chase Chairman and CEO Jamie Dimon said last week, “I personally think bitcoin is worthless” at an Institute of International Finance event. The utter hypocrisy of this statement is indicative…

The US dollar will remain the dominant currency in the world despite the growing popularity of the Chinese yuan, analysts told the Manila Times.The chief economist of Rizal Commercial…

The Bank for International Settlements (BIS) states that stablecoin payment systems must comply with international standards for payment, clearing and settlement. A new report released on Wednesday by the BIS Committee on Payments and…

Alex Nelson Malanga Dar es Salaam - While the Tanzanian government is still preparing for digital cryptocurrencies, economists have warned that the uniform adoption of modern…

Express news service BENGALURU: Satoshi Nakamoto, the pseudonym of the person (s) behind the invention of Bitcoin - the first decentralized form of digital currency in 2008 - was to create a peer-to-peer electronic…

Market capitalization refers to the total price of all the shares in a company. To determine the market capitalization of a cryptocurrency, we need to multiply the total…

October 2, 2021The future of money. By Eswar Prasad. Belknap Press; 496 pages; $ 35 and £ 28.95FOR MORE folks, money still means physical money printed by a single public authority. Yet this is a surprisingly modern incarnation: only a…

The Internal Revenue Service building is seen in Washington, United States on September 28, 2020. REUTERS / Erin Scott NEW YORK, September 29 (Reuters) - What's in US portfolios? Uncle Sam wants to know. President Joe Biden's $ 3.5…

New York, NY, September 27, 2021 (GLOBE NEWSWIRE) - The Fantom Foundation has announced that it has signed a memorandum of understanding with OJSC Orienbank, one of Tajikistan's largest banks, to test a hybrid CBDC platform for possible…

Transparency-enhancing blockchain-based CBDCs are a promising way to achieve three goals: freeing up the annuitant payment system, ensuring unprecedented transparency on the amount of money…

According to a study by Channel analysis, the cryptocurrency economy in Africa grew by 1200% between July 2020 and June 2021. The value of transactions was estimated at US $ 105.6 billion during this period. This makes Africa the…

NEW YORK, September 23, 2021 / PRNewswire / - NYPPEX, a leading global provider of private equity secondary liquidity, today issued a warning regarding the risk of investing in China private equity investments. NYPPEX believes that China…

News and research before you hear about it on CNBC and others. Claim your 1-week free trial for StreetInsider Premium here. MONTREAL and DENVER, Sep 22, 2021 (GLOBE NEWSWIRE) - Nuvei Corporation (TSX: NVEI and NVEI.U) today announced…

The International Financial Services Centers Authority (IFSCA) is setting up an international arbitration center within the IFSC GIFT for a swift resolution of any dispute, its president Injeti Srinivas said on Friday. The IFSCA…

Cryptocurrency is a kind of digital currency designed to be secure and, in many cases, anonymous. It is a currency associated with the Internet that uses cryptography, the process of converting readable information into almost…

One of the biggest issues for those who study cryptocurrencies is the risk factor and the large amount of scams involving these hard to find currencies. David Woodward, Managing Director of Woodward Financials, told Express.co.uk in an…

In much of Africa, many people still do not have access to basic financial services for many reasons. One of the reasons is that financial…

After years of debate, Springfield City Council voted on Monday to impose new regulations on payday lenders whose high interest rates can create a "debt trap" for desperate borrowers.Among the highlights was a plan to impose an annual…