TAIPEI, July 19, 2021 / PRNewswire / – As m-payments became more prevalent, in 2015 E. SUN Commercial Bank began to lay the foundation for m-payment services business, achieving many firsts and milestones in the industry. It was the first company of Taiwan partner with Alipay to push QR code …
Read More »How to deactivate UPI payments from your linked bank accounts if you lose your cell phone
Deactivating UPI payments becomes one of the important tasks if you have lost your cell phone. The Unified Payment Interface (UPI) has become a leading payment system in India, with UPI transactions exceeding 2,800 million in June. From paying bills to transferring money from one bank account to another, UPI …
Read More »Retaining customers, priority talents for Huntington executives after TCF merger
Tthe $ 22 billion merger with TCF Financial Corp. brought new leadership to Huntington Bancshares Inc. in West Michigan, which focuses on retaining talent and customers while executing a massive corporate commitment to small businesses and underserved markets. Krista Flynn will work alongside John Irwin as Huntington’s regional chairman until …
Read More »Global stocks remain stable as investors wait for retail sales.
Text size The latest Covid-19 case numbers for Los Angeles County are released during Sameday testing on July 14, 2021. Covid-19 cases are on the rise in most states as the highly transmissible Delta variant has become the dominant strain in the United States. Getty Images Global stocks were mixed …
Read More »Avidia Bank CEO elected to Board of Directors of Mass Bankers Association
Mark O’Connell is the CEO of Avidia Bank. HUDSON – Avidia Bank CEO Mark O’Connell has been elected to the 20-member board of the Massachusetts Bankers Association (MBA). Calling their annual meeting in June, MBA members elected O’Connell as their vice-president. “As a vibrant industry, it is essential that the …
Read More »China’s growth slows as pandemic fears persist
BEIJING – After a year of pulling the global economy out of the pandemic crisis, China’s growth is now starting to stabilize, as the world tries to determine whether the country’s recovery will continue or falter. The signs are mixed, with consumers and businesses showing signs of both weakness and …
Read More »Why Ray Dalio is wrong about China
Andrew Hunt is CEO of Hunt Economics and former Advisor to Dresdner Asset Management in Asia. Ben Ashby is a former Managing Director of the Chief Investment Office at JPMorgan. What do Goldman Sachs’ new wealth management joint venture with Industrial and Commercial Bank of China (ICBC) and hedge fund …
Read More »Card demand at record levels; Encrypted cards are flourishing
Borrowing is back as auto loan enrollments, credit cards hit record highs Americans are borrowing again, in some cases at levels not seen in more than a decade. According to Equifax, consumer demand for auto loans and rentals, general purpose credit cards and personal loans rose 39% in April from …
Read More »Flushing Financial Corporation provides update on PPP forgiveness
Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. UNIONDALE, NY, July 08, 2021 (GLOBE NEWSWIRE) – Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent company of Flushing Bank (the “Bank”), provides an update on the Paycheck Protection Program (PPP) activity for the second quarter of …
Read More »Masraf Al Rayan and Al Khaliji Appoint Fahad Bin Abdalla Al Khalifa as Group CEO of Merged Entity | New
Doha, qatar, July 7, 2021 / PRNewswire / – Following the announcement of the merger on January 7, 2021, Masraf Al Rayan QPSC (“Al rayan“) and Al Khalij Commercial Bank (al khaliji) PQSC (” Al Khaliji “) announced the appointment of Mr. Fahad Ben Abdalla Al Khalifa as “Group CEO” …
Read More »TotalEnergies: the Coalition for the Energy of the Future launches the feasibility study for its first major project and welcomes three new members
Launched at the end of 2019, the Coalition for the Energy of the Future aims to accelerate the development of the energies and technologies of the future to support new models of green mobility and reduce the impact of transport and logistics on climate change. Launch of the feasibility study …
Read More »EBENEZER ONYEAGWU: Take Zenith Bank to Zenith
Mr. Ebenezer Onyeagwu MONEY Regardless of the difficult macroeconomic environment caused by the COVID-19 pandemic, among others, Zenith Bank, under the leadership of its group chief executive, Ebenezer Onyeagwu, has maintained its leadership position, writes Oluchi Chibuzor. Last month, it was two years since Mr. Ebenezer Onyeagwu assumed the role …
Read More »Bennett Joins Bar Harbor Bank & Trust Commercial Banking Team
BANGOR – William “Tommy” Bennett has joined the Bar Harbor Bank & Trust Community Banking team as Assistant Vice President, Manager of Community Banking Relations. In this role, he helps entrepreneurs in the central Maine region find the right financing and deposit solutions for their small businesses. Bennett has over …
Read More »Three decades of liberalization: banking ups and downs | Latest India News
Liberalization of the Indian banking sector began shortly after the opening of the economy, with the publication of the first report of the Narasimham Committee in December 1991. Finance Minister Manmohan Singh then appointed the committee on August 14, 1991, chaired by Mr. Narasimham, the 13th Governor of the Indian …
Read More »Unity Bank is the only NJ Bank named one of the best places to
CLINTON, NJ, June 30, 2021 (GLOBE NEWSWIRE) – Unity Bank has been named one of the 2021 Best Places to Work in New Jersey – the only New Jersey bank to make the prestigious list. This is the fifth year in a row that Unity has been honored by the …
Read More »NatWest Bank has received several emails sent to customers.
In this connected age, it’s pretty handy to be able to do a lot of tasks that would otherwise have required a trip to a particular facility and long queues, right from your device. This is the reality we are quickly moving towards as banks, government institutions and even schools …
Read More »Why are central bank digital currencies (CBDCs) now and what they might mean for climate change? (1/2)
A press man picks up a stack of uncut sheets of USD 20 banknotes on July 12, 2012 at the US Bureau of … [+] Engraving (BEP) in Washington, DC, where high-tech presses operate 24 hours a day. BEP is a government agency within the United States Department of the …
Read More »Bank of England orders Euroclear to build resilience after 2020 blackout
The Bank of England has ordered Euroclear to improve its technology and operational resilience after a deadlock last year in a crucial part of the plumbing that underpins the markets thwarted a planned auction to buy gilt. The central bank on Friday launched supervisory action against the UK and Irish …
Read More »Zimbabwe: AFC commercial bank profits jump 1,086 pc
AFC Commercial Bank (formerly Agribank) tax-free profit climbed 1086% to $ 569 million (historical terms) in the year through December 2020, thanks to improved e-banking income and the growth of the loan portfolio. The exceptional performance saw the bank declare a dividend of $ 191.6 million for the fiscal year …
Read More »Neither the United States nor China will soon have ambassadors in their respective capitals. Will it make a difference?
China’s longest-serving ambassador to the United States, Cui Tiankai, has ad he retired after eight years, adding another layer of uncertainty in the relations between the two great powers. Cui, 68, whose time in Washington covered the presidencies of Barack Obama, Donald Trump and Joe Biden, has witnessed a profound …
Read More »Chinese central bank asks Alipay, banks to crack down on cryptocurrencies
China’s central bank urged Ant Group’s Alipay e-wallet and four state-owned banks to step up efforts … [+] their crackdown on cryptocurrencies. SOPA Images / LightRocket via Getty Images China’s central bank has ordered Ant Group and four state-owned banks to step up their crackdown on cryptocurrencies as Beijing steps …
Read More »Digital euro will protect consumer privacy, ECB executive promises
The introduction of a digital euro would strengthen consumer privacy and protect the euro zone from the “threat” of competing cryptocurrencies that could undermine the bloc’s monetary sovereignty, according to the central banker who oversees its development. Fabio Panetta, a member of the board of directors of the European Central …
Read More »Deutsche Bank and Starwood grant $ 231 million loan for ultra-luxury West Hollywood project – Commercial Observer
Angelo Gordon and Urban landscape partners sealed a $ 231 million condo inventory loan for 8899 Beverly, an ultra-luxurious project in the heart of Los Angeles’ Westside, may first report Commercial Observer. German Bank provided the first mortgage, while Starwood Real Estate Trust provided a mezzanine loan as part of …
Read More »Investor Relations Week: LGIM Climate Divestments, Wise Direct Listing and Fed Watch
– Legal & General Investment Management (LGIM) has announced that it will be divesting four new companies due to their approach to climate change, reported Investment week. The UK asset manager said the Industrial and Commercial Bank of China, AIG, PPL Corporation and China Mengniu Dairy had crossed red lines …
Read More »Bank of America recalls vaccinated workers to office after Labor Day – Commercial Observer
Bank of America wants all of its vaccinated employees to return to the office after Labor Day in September, joining a wave of competitors who have started doing the same after more than a year of working mostly remotely. CEO Brian Moynihan told Bloomberg Television on Thursday that he expects …
Read More »Huntington Announces New Strategic Community Plan with $ 40 Billion Commitment to Strengthen Small Businesses, Minorities and Underfunded Communities | state
Columbus, Ohio and DETROIT, June 16, 2021 / PRNewswire / – Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced a new strategy to address social, racial, environmental and economic inequalities on its footprint by committing to 40 billion dollars towards its new community plan. The plan will help improve financial opportunities …
Read More »Verizon launches children’s money management app
Verizon wants to help improve children’s financial literacy. Sarah Tew / CNET Verizon has announced a new initiative to help improve children’s financial literacy, helping them save, earn, and spend wisely with a Visa Prepaid card and app. Verizon Family Money will include a expense account and savings safe, with …
Read More »Biden appoints candidate U.S. ambassadors to Israel, Mexico
WASHINGTON – President Biden on Tuesday announced his long-awaited first slate of ambassadors, including his candidates for key positions in Mexico, Israel and NATO, as he made his first overseas trip since his input function. Mr Biden also named Chesley B. Sullenberger III, the pilot who made a water landing …
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