Financial services

Maltese central bank governor, deputy PM face charges in snowballing corruption case – POLITICO

by

Allegations of corruption around the so-called Vitals deal figured prominently in the work of the Maltese investigative journalist Daphne Caruana Galizia, who was assassinated in 2017. Caruana Galizia published extensive investigations into privatization deals brokered by the Muscat administration. Charges are also pending against Muscat, who was prime minister from 2013 to 2020, as first … Read more

Is the Loblaw boycott privileged? Here’s why some people aren’t shopping around

by

Location. Costs. Time and convenience. There are many reasons that people aren’t participating in the Loblaw boycott, a movement fuelled by customers fed up with high prices at the grocery retailer. The boycott was started by a Reddit group with about 70,000 members called “Loblaws is out of control.” It calls for shoppers to avoid the retailer’s Loblaws stores, along with its offshoot … Read more

Open banking could spur competition, but fintechs say Canada’s moving too slowly

by

Federal efforts to bring “open banking” to Canada are being welcomed by players in the industry — but there’s also criticism that, after years of waiting, any changes may not come fast enough to encourage innovation or allow smaller financial players compete with larger institutions. Open banking lets consumers or business customers share personal and financial information between approved banks and other … Read more

Mphasis partners AWS to launch Gen AI Foundry for financial services

by

New Delhi: Information Technology (IT) solutions provider Mphasis on Friday announced a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to launch Gen AI Foundry for financial services. According to the company, the Gen AI Foundry will serve as a dynamic platform for modelling industry use cases and developing proof of concepts … Read more

cyber security: Enabled by AI, phishing becomes quite simple

by

Nitin’s attempts to schedule an appointment with a doctor he had found online had proved fruitless. He had almost given up on the phone numbers that had popped up in the online search, when he received a call. The person claimed to be from the doctor’s office and asked him to download a mobile application … Read more

Tinubu appoints new Code of Conduct Bureau chair

by

President Bola Tinubu has approved the appointment of Abdullahi Bello as the chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Mr Bello is a consummate professional with more than 25 years of work experience in consulting, banking, law enforcement, financial services, and academia. READ ALSO: Tinubu extends tenure of FCT … Read more

‘Freedom Convoy’ organizer from Sask. suing federal government for using Emergencies Act to freeze accounts

by

A main organizer of the “Freedom Convoy” is suing the federal government for using the Emergencies Act to freeze his bank accounts, arguing it breached his Charter rights to protest COVID-19 mandates. Chris Barber, who owns a trucking company in southwestern Saskatchewan, filed last week a statement of claim in Court of King’s Bench in … Read more

Empowering the Unbanked: The Role of Non-Banking Lenders In Digital Inclusion

by

In the rapidly evolving landscape of financial services, digital inclusion has emerged as a crucial driver of economic growth and social development. While urban centres in India have experienced significant strides in digitalisation, tier-3 and 4 cities present a unique challenge due to limited access to traditional banking infrastructure. Non-banking lenders or non-banking financial companies … Read more

Tax software deals: Save on TurboTax and H&R Block

by

Image used with permission by copyright holder Tax season is upon us so if you’re looking for the best tax software for filing your taxes and keeping on top of everything, you’ll be delighted to see we’ve picked out some great tax software deals. Such software means you won’t be at such high risk of … Read more

You Can Invest in Under 10 Minutes with Robinhood

by

Robinhood When it comes to the stock market and general investments, a return is not always a done deal. However, as of the end of November 2023, the S&P 500 has posted a total annual return of about 21%. That means if you had invested in the S&P ahead of 2023, you’d now be sitting … Read more