Tag «banks»

Banks have a $380 Billion market opportunity in Financial Inclusion, Accenture and CARE International UK Study Find

Report makes recommendations for how banks can make financial inclusion more viable LONDON; Nov. 11, 2015 – Banks can address an additional US$380 billion market in annual revenues by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system, according to a new report produced jointly by Accenture (NYSE: ACN), through Accenture Development …

ABTEC to deliver powerful message on future of finance amid multi-billion investment in financial services

BANKS TOLD MORE INVESTMENT IN FINANCIAL TECHNOLOGIES KEY TO RETAINING COMPETITIVE EDGE Dubai, UAE, 3 June 2015: UAE banks and financial institutions are being told that they must continue to invest heavily in the latest financial technologies in order to keep their competitive edge. That is the over-riding message that will be delivered when ABTEC, …

TAQEEM TO HELP SMES GAIN FINANCIAL SUPPORT BY PROVIDING MORE TOOLS AND MECHANISMS FOR BANKS, SAYS SIMAH

World’s financial leaders to debate future policies when Dubai hosts 9th World Consumer Credit Reporting Conference Dubai, UAE, 4 October 2014: Small and Medium Enterprises are the most efficient tool to drive economic and social development forward, even in remote and less developed regions says the CEO of the Saudi Credit Bureau (SIMAH), who …

Thomson Reuters Launches a Managed KYC Service in Partnership with Banks, Corporates and Asset Managers and in Consultation with Regulators

Thomson Reuters Transaction Services Limited, a FCA-regulated business, and its 7,000 bank and buy-side clients are live on the service NEW YORK, LONDON, March 19, 2014 – Thomson Reuters today launched a new solution to support financial institutions and their clients to increase efficiency and reduce costs in complying with Know Your Customer …

Rate cut hopes help Sensex close above 20,000

15th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline The Indian equity market started off the week with smart gains. The Nifty managed to sustain above the 6,000 mark for the second consecutive trading session while the Sensex closed above the 20,000 mark for the first time since May 30. …

Banks to be infused with Rs 14,000 Crore Capital to meet basel III Norms-Financial inclusion on Bank Agenda

The Finance Minister Shri P.Chidambaram has taken steps in the budget to ensure adequate capitalization of the public sector banks. The Public sector banks will be provided with an infusion of Rs 14,000 crore additional capital in 2013-14 budget estimates to enable them to meet the BASELIII norms.He said Rs 12,517 crore infusion of capital …

Bank of Japan-IMF High-Level Seminar “Challenges of the Global Financial System: Risks and Governance under Evolving Globalization”

Opening Remarks By Christine Lagarde, Managing Director, International Monetary Fund Tokyo, October 14, 2012 As prepared for delivery Good afternoon. I would like to welcome you to our seminar. When I first looked at the list of panelists and keynote speakers, I realized that the title of today’s event is a bit of an understatement. …