GetVantage debuts with India’s first revenue-based financing platform

January 23, 2020 at 06:30AM GetVantage, a new Mumbai-based fintech venture officially launched as the first in India to offer revenue-based financing (RBF) for India’s burgeoning e-commerce sector. RBF is an alternative investment model wherein a company raises capital from an investor based on a data-driven projection of its future revenues. RBF’S non-equity financing, means … Continue reading GetVantage debuts with India’s first revenue-based financing platform

[Discussion] Barry Ritholtz interviews the CEO of Citizens Financial, a regional bank.

January 23, 2020 at 06:37AM This is from the Masters in Business Podcast on Bloomberg. If you want to know what's top of mind, and what areas, top leaders in the regional to super regional banking space are looking at heres some insight from the CEO of Citizens Financial. https://www.bloomberg.com/news/audio/2019-12-27/bruce-van-saun-shares-banking-industry-insights-podcast submitted by /u/this_is_poorly_done … Continue reading [Discussion] Barry Ritholtz interviews the CEO of Citizens Financial, a regional bank.

Toyota Financial’s New Zealand arm inks fintech partnership

January 23, 2020 at 05:01AM Toyota Finance New Zealand (TFNZ) has partnered with Ephesoft, an AI-powered data capturing platform, to help streamline and automate its loan-application processes, Ephesoft’s Founder and Chief Executive Ike Kavas told Auto Finance News. Ephesoft’s platform essentially “reads” PDF documents, pulls out necessary information and verifies it against existing databases, Kavas … Continue reading Toyota Financial’s New Zealand arm inks fintech partnership

Lloyds set to halve carbon emissions it finances in 10 years

January 21, 2020 at 02:33PM Bank said it would create ‘green products and services’ such as energy efficiency mortgages Environmental campaigners have welcomed a pledge by Lloyds Banking Group to halve the amount of carbon emissions it finances through personal and business loans by 2030. The commitment comes as lenders face heightened criticism over their … Continue reading Lloyds set to halve carbon emissions it finances in 10 years

A thousand EU financial firms plan to open UK offices after Brexit

January 21, 2020 at 07:00AM More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit Britain so they can continue serving UK clients, according to the regulatory consultancy, Bovill in a statement issued on Monday. More than 1,400 EU-based firms have applied for permission … Continue reading A thousand EU financial firms plan to open UK offices after Brexit

Ministers launch financial wellbeing scheme to help savers

January 21, 2020 at 12:01AM Millions of lives will be improved by 10-year plan, says Money and Pensions service The government is promising to turn Britain into a nation of savers by 2030 and cut the number of households relying on credit cards for day-to-day spending by launching an ambitious financial wellbeing programme. In an … Continue reading Ministers launch financial wellbeing scheme to help savers

[Discussion] Would a Rolex watch be a good status symbol/investment for a new college graduate going into financial advising?

January 18, 2020 at 04:20AM I am a new college graduate going to work in a bank in the field of financial advising and I was thinking about investing into a Rolex as a status symbol/ subtle psychological factor to influence clients/colleagues to think more highly of me. Would this be a good idea or … Continue reading [Discussion] Would a Rolex watch be a good status symbol/investment for a new college graduate going into financial advising?

ICA Inaugural MENA Regulatory and Financial Crime Compliance Conference Arrives in Dubai This March

January 17, 2020 at 03:38PM His Excellency Ebrahim Obaid Al Zaabi, Director General, Insurance Authority, will deliver the keynote address (January 15, 2020, Dubai) – With over 15 years’ experience in hosting relevant, practical and inspiring events, the International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community, … Continue reading ICA Inaugural MENA Regulatory and Financial Crime Compliance Conference Arrives in Dubai This March

Atlantic Financial Group picks Oracle’s Flexcube

January 17, 2020 at 12:00PM The Atlantic Financial Group in Central and Eastern Africa has selected Oracle Financial Services and its Flexcube banking system. Oracle has won a number of African deals lately FinTech Futures understands that Oracle beat out competition from Temenos and its T24 system, which is deployed at the similarly-named Banque Atlantic … Continue reading Atlantic Financial Group picks Oracle’s Flexcube

Sabotage by Anastasia Nesvetailova and Ronen Palan review – the business of finance

January 17, 2020 at 07:30AM Is financial malpractice an aberration or built into the system? This is enraging, essential reading A decade ago the global economy was emerging from the biggest financial crisis in decades. Major financial institutions only survived thanks to a torrent of liquid capital, government deficits ballooned as they tried to manage … Continue reading Sabotage by Anastasia Nesvetailova and Ronen Palan review – the business of finance