Category: Economics
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Mobile Banking Market to Generate $1.82 Billion, Globally, by 2026 at 12.2% CAGR: Allied Market Research
Technological advancements, surge in consumer acceptance, and significant increase in smartphone usage drive the growth of the global mobile banking market PORTLAND, Oregon, Jan. 20, 2020 /PRNewswire/ — Allied Market Research published a report, titled, “Mobile Banking Market by Transaction (Consumer-to-consumer and Consumer-to-Business), and Platform (Android, iOS, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the…
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Boris Johnson victory: Boost for the pound, economy and UK financial assets
Expect the British pound to soar above predictions to $1.40, billions of pent up business investment to be unleashed to boost UK financial assets and the FTSE 100 to open stronger before paring back, as Boris Johnson’s Conservatives secure an impressive majority in the UK general election. But there are many serious challenges ahead, warned…
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UK Election 2019: Expect the pound and UK financial assets to be increasingly volatile
The pound and UK financial assets will be volatile in the run-up to Britain’s first December general election since 1923 – and will remain so in the event of another hung parliament. This is the warning from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent financial advisory organizations, as…
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From Ration Coupons to Mobile Payment
BEIJING, Sept. 28, 2019 /PRNewswire/ — A news report by China.org.cn on China’s evolution of payments: Bartering was the earliest trading system in China, allowing people to get what they needed. Natural shells became the earliest form of currency in China about 3,600 years ago. After the founding of the PRC, due to a shortage of goods, the central government…
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Xinhua Silk Road: 2019 Sino-Russian Financial Cooperation Roundtable held Sept. 10 for common development
BEIJING, Sept. 11, 2019 /PRNewswire/ — The 2019 Sino-Russian Financial Cooperation Roundtable kicked off in Vladivostok, Russia, on September 10. Nearly 200 people attended the meeting held jointly by Asian Financial Cooperation Association (AFCA), Association of Banks of Russia, China Economic Information Service (CEIS), and the Harbin New Area Management Committee. Sino-Russian cooperation is inseparable from financial cooperation. The financial…
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iboss Examines the Effect of Mobile Users on Traditional Network Security Appliances
BOSTON, MA / ACCESSWIRE / September 7, 2019 / According to statistics portal “Statista”, by 2020 the global number of mobile phone users is expected to reach 4.78 billion or 67% of the world’s population. The amount of data generated by this user pool is staggering- a Cisco Systems white paper predicts a seven-fold increase in global mobile data…
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Bank Trading Platforms and Money Creation
Money Creation starts as Debt notes such as Medium Terms Notes (MTN), Bank Guarantees (BG), and Stand-By Letters of Credit (SBLC) are issued at discounted prices by major world banks in the amount of €-billions every day. The history of Private Placement Programs (PPP’s) goes back to as far as the 1930’s where it was…
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China and ASEAN set up a good example of a new type of international relations
BEIJING,CHINA / ACCESSWIRE / August 13, 2019 / The historical relationship between China and ASEAN is the basis of China’s “Maritime Silk Road” initiative. Today, the strategic partnership between China and ASEAN is becoming a model for a new type of international relations. In recent years, in the face of the volatile international situation, China and ASEAN have…
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LendingClub Launches Select Plus Platform
Innovative Open Platform Broadens Access to Responsible Credit With Additional Credit Models from Sophisticated Credit Investors SAN FRANCISCO, Aug. 6, 2019 /PRNewswire/ —LendingClub (NYSE: LC), America’s largest online marketplace connecting borrowers and investors, today announced the launch of Select Plus Platform that opens up the LendingClub marketplace to sophisticated investors to identify opportunities to approve borrowers who fall outside the…