India’s banking system, weighted toward state-backed entities, is opening up to private-sector banks to boost competition.
Global Finance grades the world’s central bank governors on how well they have performed in the past year.
The rosier outlook gives central banks a chance to return to more traditional policies after endless cycles of easing. The US Federal Reserve (Fed) is likely to stick to its plan of slowly increasing interest rates, and the European Central Bank (ECB) could follow suit.
Turkey’s banking authority BDDK said total banking assets had increased 7.3% since the end of 2016, reaching a total of $826 billion.
Global Finance rates the top financial innovations of the last 30 years, looking at where we are, where we’ve come from and how we got from there to here
Global Finance talks with Arnaud Stevens, Frédéric Dalibard of Nexitis, and Luca Comparini of IBM about blockchain technologies and commodity trade finance.
Although its successes have been less far-reaching than hoped by some of its proponents, it does provide a response to the challenges to helping the impoverished gain access to financial services to increase their incomes and financial stability.
Most of the frantic pit jobs were displaced by digital technology, which pushed trading to warp speed, well beyond the capacity of humans.
Damian Glendinning, Lenovo’s treasurer, explains why the world’s biggest PC maker opted for a dual-tranche financing transaction using a perpetual security.
Professor Michael Greenberger testifying, in 2010, at a Congressional inquiry into the causes of the 2008 financial crisis. The 1980s ushered in an era of exotic financial products that were hailed for fostering new ways to manage risk.
Writer Gordon Platt talks about Innovation with Sankar Krishan of CapGemini.
Do you have five milliseconds? Innovation has been fast and furious in the foreign-exchange market in the past year.
The story of online trading platforms really starts May 1, 1975, when the Securities and Exchange Commission broke the Wall Street cartel and eliminated the practice of fixed brokerage commissions.
Processes that have changed relatively little over hundreds of years in trade finance are being catapulted into the 21st century, due to significant advances in data analytics, digitization and shared ledger technology. Once a forgotten backwater of transaction banking, trade ...
Starbucks generates 27% of its US sales via mobile payments, as consumers opt for contactless coffee. While there were efforts to provide banking through cell phones in the late 90s, the transition, around 2007, from cellphones to smartphones—with their expanded ...
First developed in 2008 by Satoshi Nakamoto—whose identity remains a mystery—as a public ledger for all bitcoin transactions, blockchain is now outshining the cryptocurrency it underpins as it offers banks and others the benefits of a distributed ledger, i.e., an ...
Global Finance: What is Bidaya's business strategy? Mohamed Badat: Our business strategy involves leveraging innovation and digital infrastructure to directly reach customers in a secure, swift and seamless manner. Home finance and real estate has long been perceived as a ...