Category: Offshore Banks
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World Financial Association Calls For Extraordinary Measures From Central Bank Governors and Head of States: Close Financial Markets and Trading Platforms for Two Weeks
BRUSSELS, March 24, 2020 /PRNewswire/ — In an unprecedented move, the World Financial Association has issued a call today for a general shut-down of the financial markets and trading platforms for a period of two weeks. According to the WFA, this comes because while authorities throughout the world have asked all main economies participants to shut down…
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2020 Online Payment Methods Market Study: Europe
DUBLIN, March 17, 2020 /PRNewswire/ — The “Europe Online Payment Methods 2020” report has been added to ResearchAndMarkets.com’s offering. Payment method preferences in Europe vary by country Payment method rankings included in the report show that Europe’s Internet shoppers have diverse choices regarding online payments. Buyers in the UK and France prefer card payments and E-Wallets like PayPal, while a major share of digital buyers in selected…
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Deserve Secures $100M Credit Facility from Credit Suisse
Additional capital from Credit Suisse to bolster fast-paced growth of industry-leading, digital-first credit card platform MENLO PARK, CA / ACCESSWIRE / February 24, 2020 / Deserve, the venture-backed fintech company expanding and powering the real-time credit card economy, announced today a new $100 million credit facility with Credit Suisse AG. Sector Financial Inc., an affiliate of Credit…
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Big Data Trends in Financial Services
NEW YORK, NY / ACCESSWIRE / February 8, 2020 / Humans are creating data at an exponential rate. In fact, 90% of the data in the world has been created in the past 2 years according to a 2015 IBM study and financial services is a big driver. In the same study, it was estimated that we…
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Astra Joins Visa’s Fintech Fast Track Program in the U.S.A.
MENLO PARK, Calif., Feb. 4, 2020 /PRNewswire/ — Astra is an automation platform for moving your money – through its mobile application, the company helps consumers optimize their cash flow and save time using rules that automatically transfer cash between their accounts. Today, Astra announces it has joined Visa’s Fintech Fast Track Program in the U.S. Visa expanded the Fast Track program to the…
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Credit Card Users Increased 7% in Last Five Years, reports Packaged Facts
ROCKVILLE, Md., Jan. 14, 2020 /PRNewswire/ — The percentage of credit card users in the U.S. has risen more than 7% from 2015 to 2019, according to Private Label Credit Cards in the U.S., 11th Edition, a report by market research firm Packaged Facts. The uptick in credit card use underscores two important trends: Things get interesting when examining…
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LatinFinance announces winners of 2019 Banks of the Year Awards
MIAMI, Nov. 1, 2019 /PRNewswire/ — LatinFinance announces the winners of the 2019 Banks of the Year Awards, its annual recognition of excellence in financial services in Latin America and the Caribbean. The awards will be given out Friday evening during LatinFinance’s Latin America Banking Leadership Dinner at Mandarin Oriental, Miami. This year’s winning institutions achieved outstanding performance in retail, commercial…
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Asia Pacific Digital Bank to Launch Stablecoin USDA Soon
Asia Pacific Digital Bank (APDB) recently announced the preliminary launch of its stable coin USDA. KUALA LAMPUR, MALAYSIA / ACCESSWIRE / September 22, 2019 / China’s Central Bank, the People’s Bank of China (PBoC), is planning to introduce its own digital currency, and this news has sent excitement and speculation rippling through the market. The market…
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Lufax to Help Traditional Financial Institutions Build Digital Infrastructure
SHANGHAI, Sept. 3, 2019 /PRNewswire/ — Lufax announced its plan to help traditional financial institutions build their digital infrastructure though a Software-as-a-Service (SaaS) model, and accelerate the industry’s adoption of technology at the World Artificial Intelligence Conference (WAIC) 2019. How Common Digital Infrastructure Can Elevate the Industry The announcement launches Lufax’s strategic foray into exporting financial technologies…