Tag: International Banking
Feds Colluded With Big Banks to Spy on Americans’ Financial Transactions
The federal government conducted “broad,” “unjustified” surveillance of the private financial transactions of millions of Americans in the wake of events that took place on Jan. 6, 2021, at the U.S. Capitol, according to a report issued Wednesday by the U.S. House of Representatives Select Subcommittee on the Weaponization of the Federal Government. The report…
Easiest Ways to Transfer Bitcoin to Bank Account
Bitcoin transactions made easy: Navigating options for seamless conversions to your bank account As the popularity of cryptocurrency continues to grow, individuals are increasingly exploring ways for transferring Bitcoin into bank accounts and converting their cryptocurrency holdings into traditional fiat currency. Various methods exist, each offering unique advantages and considerations. In this article, we will…
Focus on the top 5 leading banking technology firms to watch in 2024
The banking sector is experiencing a major shift as we enter 2024, fueled by developments in banking technology. Leading banking technology firms are utilizing state-of-the-art technology to provide creative solutions and services that are transforming the traditional financial environment. These companies are improving the financial services sector’s client experience in addition to increasing the effectiveness…
SUNU plans to immortalise founder with Pan-African prize
The SUNU Group has revealed plans to institute a pan-African prize to immortalise its late founder and president, Mr. Pathe’ Dione. In a statement shared with our correspondent on Monday, the group said the country be instituted in Dione’s honour because he had left a legacy in all the countries where the company operates. The…
Capital One Could Buy Discover In Major Credit Card Merger
Capital One is considering acquiring Discover Financial, multiple outlets reported Monday, a move that would combine two of the nation’s largest credit card companies and reportedly create the single biggest U.S. credit card firm by volume of loans. KEY FACTSThe Wall Street Journal reported a deal could be announced as early as Tuesday, citing sources…
Coinbase and Business Accounts: How to Connect Them in 2024
In 2024, connecting Coinbase with business accounts has become a strategic move for companies Businesses are increasingly recognizing the importance of integrating digital assets into their financial operations. Among the platforms facilitating this integration, Coinbase stands out as one of the most popular and trusted exchanges. In 2024, connecting Coinbase with business accounts has become a strategic…
SoFi Introduces Small Business Financing Marketplace
SoFi (NASDAQ: SOFI), the digital personal finance company, announced recently the expansion of its new small business marketplace within the SoFi product experience. With this addition, SoFi will now be able to better support millions of American small business owners’ financing needs by “connecting them to SoFi’s network of providers.” Anthony Noto, CEO of SoFi, said: “SoFi…
African startups secure new UNDP aid
Ecofin Agency) – The United Nations Development Program (UNDP) has joined forces with African nations to develop an innovative fund named “Timbuktoo”. This tool is aimed at bolstering the African startup ecosystem and supporting the growth of high-potential enterprises across the continent. According to an official UNDP statement, the $1 billion fund will raise both…
Libyan Islamic Bank sign deal with Backbase to enhance digital customer experience
Libyan Islamic Bank (LIB) has partnered with Backbase, a Dutch financial technology company that provides engagement banking for financial institutions, “to streamline its customer service operations and enhance its customers’ digital banking experience,” according to a statement by the Dutch company. The initiative to revamp LIB’s existing mobile app for retail customers and introduce new…
New Financing to Support 900,000 Farmers and Road Users for Economic Transformation in Liberia
WASHINGTON, December 22, 2023 – The World Bank Board has approved a Second Additional Financing for the Rural Economic Transformation Project (RETRAP-AF II). This financing is funded by an International Development Association (IDA)* credit of US$76 million from its Scale-Up Window (SUW) and $9 million grant from the KfW Development Bank through the Liberia Reconstruction…
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