The rise of contact-less payments
These days the hard cash payments have reduced drastically which is replaced by or has increased the cashless payment or what we can say as the contactless payment. There is a virtual war between the digital payment investors since years. It can be to give better standards for digital payments or to adopt stable, sustainable […]
Nippon Life Insurance targets in low income Asians
Nippon life insurance of Japan is looking forward to boost its overseas business activities in the upcoming years. And as a result of it, its planning to target low income Asians with its micro insurance products. As per this new plan, 35000 policies are to be issued in the next five years along with its […]
Deutsche Bank multi layer partnership with Google
Deutsche Bank has announced that it has formed alliance with Google to transform the financial services market. Deutsche Bank will be empowered with cloud capabilities by Google. As a result of this union the two will broaden their horizons with their collective resources. Christian Sewing, CEO of Deutsche Bank told to the media that their […]
Will MasterCard permanently shift to digital methods in 2021?
Monetary impact of COVID-19, along with enduring fluctuations in digital client spending habits, online banking progress, FinTech disruption and prospects to bolster financial inclusion are analysed comprehensively by The MasterCard Economics Institute and has released Economy 2021, a global outlook report. This institute was launched preceding year to analyse macroeconomic trends through the lens of […]
BANK STRATEGIES TO COMPETE NEW DIGITAL PLAYERS
Professor Catherine Karyotis from NEOMA Business School states that, banks need to develop new strategies in order to compete the developing market with new challenges from the new players born from digital transformation, who are causing a gradual loss in banks monopoly. There have been many upheavals within the banking community that needs drastic transformations […]
NBE AND BANQUE MISR LAUNCHES NEW REAL ESTATE PROJECT
Egypt’s banking major NBE and Banque Misr have rolled out Gardenia city, their new real estate project. The reports say that the two banks have received a funding worth EGP 26 billion for this project. The subsidiary of developer Hyde Park Development, Al Ahly Sabbour has undertaken the development and sales for this project. It […]
Shell is all set to launch its first PV solar project in Middle East
Photovoltaic (PV) solar project has been established for the first time in the Middle East by the Dutch oil major Shell in a utility scale. In the Sultanate of Oman, the company has rolled out the 25-megawatt Qabas solar plant. The solar plant is furthermore located in Northern part of the Sultanate’s Sohar Free zone […]
Future of Motor Insurance reshaped by the paradoxical year
We all know that 2020 has changed the whole world. It’s the matter of perspective whether the change was better or worse. But 2020 has been the year of immense innovation and adaptability in the face of seemingly invincible adversity caused by the COVID-19 pandemic. Due to regional lockdown restrictions, travel measures and most people […]
The advent of banking sector in France
Open Banking is an initiative which has revolutionized the way we approach finance both as consumers and as an industry. Open Banking may drive the most significant change for the next few years, according to 24 percent of professionals. By revolutionizing open banking, there shall arrive the financial wellbeing, improves customer experience and increases competitiveness. […]