Blog Category ~ Business

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Top 10 Payment Gateway In Africa

Top 10 Payment Gateway In Africa Published:  2021-09-07 
Views:  948
Author:  Contributor
Published In:  Business

 

With every country and continent pushing the frontier of development, Africa is not left-back because we have started building branded companies in the financial technology sector. As we also move toward a cashless economy, there must be a framework that has to be put in place for an easy business transaction to take place. Hence, Africans have been able to pioneer some of the outstanding payment gateways that are helping businesses to run their payment effectively without glitches. . . . .

 

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Rescues Of Depositors Needed If Smaller Lenders Suffer Bank Runs

Rescues Of Depositors Needed If Smaller Lenders Suffer Bank Runs Published:  2023-03-27 
Views:  317
Author:  Jummie
Published In:  Business

 

The US government might come to the rescue of uninsured bank depositors if smaller lenders suffer bank runs like the one that collapsed Silicon Valley Bank. In a remark by the US Treasury Secretary Janet Yellen, argues that the government’s “decisive and forceful actions” have successfully calmed the banking crisis and boosted confidence in the system. According to CNN, Yellen said a new lending facility launched by the Federal Reserve along with its existing discount window “working as intended to provide liquidity to the banking system . . . .

 

Use the following link to read the full blog ~ Rescues Of Depositors Needed If Smaller Lenders Suffer Bank Runs

Koerner To Join Board After Emergency Rescue - UBS

Koerner To Join Board After Emergency Rescue - UBS Published:  2023-05-09 
Views:  218
Author:  Editorial
Published In:  Business

 

Ulrich Koerner will join the executive board of the new joint entity once its emergency purchase of the stricken bank completes. In an announcement by the Swiss giant said the legal close of the acquisition is expected within the next few weeks, and the combined entity will operate as a “consolidated banking group. UBS confirmed that it will initially manage the two separate companies upon the closure of the deal, with each institution continuing to operate its own subsidiaries and branches. Koerner, who took . . . .

 

Use the following link to read the full blog ~ Koerner To Join Board After Emergency Rescue - UBS