Wipro Limited, leading technology services and consulting company, announced the launch of a new Middle East financial services advisory capability. Capco, a Wipro company, will offer strategic management and technology consulting capabilities to financial services firms in the Middle East to enable their transformation, digitization, and business consolidation initiatives. Regional macroeconomic trends, including diversification away
What is Finance & Development? F&D is the most-read magazine of the IMF. It focuses on issues related to macroeconomics, development and finance. It is editorially independent and has been authored both within and outside the Foundation. Articles are published online throughout the year, and a subset of articles appear in our quarterly print edition
17 - 19 March 2023 Berlin, Germany
17 – 19 March 2023 Berlin, Germany Finance conferences 2023 will be back this year at Berlin-Germany from 17th to 19th March 2023. The world’s academic Finance community looks to the MEACONF Finance Conference 2023 for cutting-edge presentations, networking sessions, and publication opportunities. Read More
Plooto, a leader in end-to-end accounts payable and accounts receivable (AP/AR) automation software for small to medium-sized businesses (SMBs), announced the closing of $20M USD ($27M CAD) in Series B funding. The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in the future of finance, with participation from
Tyndall Federal Credit Union returned $13.7 million of profits back to its members. The payout was given to more than 70,000 qualifying members and deposited directly into their savings accounts. Individual amounts were calculated based on participation with the credit union and ranged from $70 to $420. Over the past five years, Tyndall has given more
Unifimoney Inc. announced a partnership with Gemini Trust Company that will enable credit unions and community banks to trade over 80 cryptocurrencies. The offering is provided through Unifimoney’s turnkey crypto and digital asset management platform, with Gemini providing custody and exchange. Oklahoma-based First Fidelity Bank was the first customer to use the service. This partnership
AD Ports Group, the world’s leading industrial, logistics and trade support company, has entered into a partnership agreement with Africa Finance Corporation (“AFC”), a leading infrastructure solutions provider. in Africa, to bridge the infrastructure gap on the continent. This agreement allows the two organizations to join forces to identify, finance, develop and invest in much-needed
Peach Finance, the leading modern lending and servicing technology platform, has announced that it has joined Mastercard’s Interactive Partner Network as a fintech enabler to help provide consumers with Consume more payment options. The partnership is currently focused on helping lenders develop buy now, pay later (BNPL) solutions leveraging the Mastercard installment program. BNPL is
Finastra research reveals that Open Banking is now seen as an important part of the banking landscape, with 99% of respondents seeing it as a “must have” or “important”, compared with 94% in 2015. last. The share of global financial institutions that consider it a “must-have” has increased to 61%, a notable increase compared to
Finance is the central principle of business and the pillar on which any successful business is built. After all, the goal of capitalism is to create organizations that not only do something useful but ultimately monetize their plans and deliver shareholder value. Many economic ideas exist to help businesses start, grow, measure themselves, and manage
JG Wentworth is pleased to announce that it has acquired a digital lending platform from Stilt Inc., a personal lending and financial technology company based in San Francisco. Stilt has been backed by leading venture capital firms and has raised $322 million in debt and equity to create a strong end-to-end digital lending and services
Allica Bank, the leading fintech SME challenger bank, has announced a £100 million Series C funding round led by global growth technology investor, TCV, with participation from existing investors Warwick Capital Partners and Atalaya Capital Management. Allica now joins TCV’s strong portfolio of businesses, which also includes household names like Airbnb, Netflix, and Spotify as
