January 2024 - Page 8

TLDR: – GIFT City, located in Gujarat, is attracting NRIs with flexible fixed deposit (FD) schemes. – These FDs have shorter tenors, allowing NRIs to earn interest on deposits held for just

ClearBank, a financial services enabler, is partnering with LemFi, a fintech platform focused on transforming financial services for immigrants, to take on the challenges associated with international payments. ClearBank will provide agency

TLDR: In this article, the author shares their experiences attending various blockchain and fintech conferences and highlights the top 10 events they consider to be must-attend gatherings in 2024. The author emphasizes

Connecticut-headquartered financial services firm Synchrony has acquired Ally Lending, the point of sale (POS) financing business of Ally Financial. The acquisition includes $2.2 billion in loan receivables and will allow Synchrony to

Akur8 has been chosen by MAPFRE, a Spanish insurer, to enhance its pricing capabilities. The collaboration will provide MAPFRE’s actuarial team with advanced pricing modules, allowing them to focus on in-depth analysis

In a recent article, Srinath Sridharan discusses the lack of humility in many private sector banks and the impact it has on consumers. He highlights the aggressive internal practices that drive a

TL;DR: – The wife of Malaysian politician Daim Zainuddin has been charged with failure to declare assets and has been banned from leaving the country. – The Malaysian Anti-Corruption Commission (MACC) is

TLDR: Fintech company, Wise, is urging banks to disclose their hidden markups on foreign exchange transactions. Wise claims that consumers are losing out on billions of dollars due to these undisclosed fees.

TLDR: Commodity trader ADM is investigating its accounts after discovering an error in its profit forecast. The company’s chief financial officer has been placed on administrative leave pending the conclusion of the

TLDR: Commodity trader ADM is conducting an internal investigation into its accounts and has placed its finance chief on leave. Archer Daniels Midland (ADM), a major agriculture commodity trader, has launched an