Finance & Money Edge

City of London Catches Up on Green Bonds

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“Green” bonds have been making their mark over the last few years and yielding growing interest among investors. The City of London has started offering these “green” bonds to fund environmentally-friendly projects now. This offering will attract the ESG (environmental, social and governance) concious investors and funds. France and Germany have been leading the EU …

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Could the Pandemic Spark Mobile Payment Adoption in Western Europe?

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Paper money is one of the dirtiest items you can touch, so it’s even more pronounced during a pandemic. For countries in Western Europe, cash has been entrenched for ages. But with the pandemic, people are quickly adapting by increasing the use of cashless forms of payment. eMarketer expects a steady increase in the number …

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Boost for Online Commerce & Payments in Africa

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This item warms my heart because I see a lot of innovation in the payment solutions sector coming out of the African continent… …online payment behemoth, Stripe, has acquired Paystack, a Lagos-based payment technology company. Two of the largest markets in Western Africa, Nigeria and Ghana use Paystack for secure online payments so Stripe’s acquisition …

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Digital Currencies…Coming to a Central Bank Near You?

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The amount of fiscal stimulus and the accelerated acceptance of all things digital and online (despite the availability being there for years…) is triggering central banks around the world seriously looking at the adoption of central bank issues digital currencies. While there is no specific timeline, it does look like the possibility of adoption has …

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Citigroup Fined for Risk Management Problems

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Another week goes by, and another bank is fined. (I swear I’m not trying to beat up on banks, but they keep providing fodder). Citigroup is the latest to be fined $400 million for engaging in “unsafe and unsound banking practices”…ouch. Risk management and back office operations are clearly in need of attention and perhaps …

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