Category: Finance

Eltropy, a leading provider of digital communication solutions for financial institutions, has announced a partnership with Jack Henry, a leading provider of technology solutions and payment processing services for the financial industry. The partnership will enable banks and credit unions using Jack Henry’s Banno Digital Banking Platform to leverage Eltropy’s secure and compliant messaging platform to communicate with their customers and members. Eltropy’s Messaging Platform Eltropy’s messaging platform allows financial…

Nigeria’s fintech sector is attracting more attention from investors and customers, as the country’s mobile banking adoption grows rapidly. Computer Warehouse Group (CWG), one of the leading technology companies in Nigeria, has seen its share price soar by more than 300% in the past year, as it leverages its fintech solutions to tap into the lucrative market. CWG’s Fintech Solutions Drive Growth CWG, which was founded in 1992 as a…

E-commerce is one of the fastest-growing sectors in the global economy, with projected sales reaching $4.5 trillion in 2021. However, starting and scaling an e-commerce business is not without challenges, especially when it comes to funding. E-commerce entrepreneurs need capital to invest in inventory, marketing, technology, and other essential aspects of their operations. But what are the best financing options for e-commerce businesses, and how can they access them? There…

ESG stands for environmental, social, and governance. It is a framework for assessing how companies perform in these three areas compared to their competitors. ESG investing is a fast-growing trend that aims to align financial returns with positive social and environmental impacts. But what do banks really mean when they claim to put trillions of dollars into ESG? Are they truly committed to sustainability, or are they just greenwashing their…

Lloyds shares (LSE: LLOY) have been underperforming the FTSE 100 index this year, despite the favourable environment of rising interest rates. The bank’s share price is down about 10% year-to-date, while the broader market is up about 15%. Why is this the case, and are there better opportunities in the UK banking sector? One of the main reasons for Lloyds’ lacklustre performance is the intense competition in the UK retail…

Inflation, the general rise in the prices of goods and services, has been a major challenge for the global economy in 2023. Many countries have experienced higher inflation rates than their central banks’ targets, driven by factors such as supply chain disruptions, commodity price shocks, and fiscal stimulus. This has put pressure on central banks to adjust their monetary policies to contain inflation and maintain price stability. The Impact of…

UBS releases its latest preferences for Australian banks UBS, a global financial services firm, has recently published its updated preferences for the Australian banking sector. The report, titled “Australian Banks: 2023 Outlook”, provides an overview of the challenges and opportunities facing the major banks in the country, as well as the firm’s ratings and price targets for each of them. According to UBS, the Australian banking sector is facing a…

Buy now, pay later (BNPL) is a popular payment option that allows consumers to purchase goods and services online or in-store and pay in installments over time. BNPL providers such as Affirm, Klarna, and Afterpay have seen explosive growth in recent years, especially among younger and digital-savvy shoppers who value convenience, flexibility, and affordability. However, BNPL is not only beneficial for consumers and merchants, but also for credit card issuers…

Fed’s QT policy drains bank reserves The U.S. banking landscape is currently navigating a complex financial terrain, marked by a quest for liquidity amidst the Federal Reserve’s quantitative tightening (QT) measures. QT is a policy that involves reducing the size of the Fed’s balance sheet by selling or letting mature some of the assets it acquired during the quantitative easing (QE) program that followed the 2008 financial crisis. QE was…

Savers can benefit from rising interest rates Savers who are looking for the best returns on their money are advised to act fast and take advantage of the rising interest rates offered by some banks. According to experts, interest rates have been on the rise over the past year thanks to central banks raising their base rates and inflation expectations. This means that savers can now find savings accounts that…