ARCHIVE April2023
Policymakers face two nightmares: stubborn inflation and market chaos
In his first speech as a governor of the Federal Reserve, Ben Bernanke offered a simple adage to explain a complex topic. The question was if central banks should use monetary policy […]
UPI dominates digital payment channel, 74 bln transactions in 2022: Worldline Report
In 2022, payment modes like UPI, Debit and Credit cards, Prepaid Payment Instruments – Mobile and Prepaid cards processed 87.92 billion transactions worth Rs 149.5 trillion. UPI continues to be the dominant […]
Lloyds Bank Launches PayMe: New Payment Transfer Service for Businesses
Lloyds Bank has launched a new payment transfer service called PayMe, aimed at businesses across all sectors. PayMe enables businesses to make one-off payments without knowing the beneficiary’s bank details, meaning payees […]
Why markets can never be made truly safe
Collateral is usually a boring affair. Valuing assets and extending credit against them is the preoccupation of the mortgage banker and the repo trader, who arranges trillions of dollars a day in […]
Minna Technologies Launches Subscriber API to Fuel Subscription Economy
London-based fintech Minna Technologies has unveiled its latest offering, the Subscriber API, which provides a single platform for subscription-based businesses, banks and fintechs. The automated subscription management engine allows brands to deliver […]
How much longer will America’s regional banks hold up?
What kind of story is unfolding in the banking system? At first glance it would appear to be a tragic drama. In the past fortnight, four banks have met their end: two […]
What Challenges Do We Need to Tackle to Speed Up Merchant Crypto Adoption?
Burger King in Paris now accepts Bitcoin, and Ralph Lauren has also recently integrated crypto payments and NFT gifts. However, these cases are the exception rather than the rule. Despite all the […]
The battle for Europe’s economic soul
Over the past two weeks, a flurry of proposals to reshape Europe’s economic model has emerged from the Berlaymont, a cruciform building in Brussels, which is home to the European Commission. The […]
After Credit Suisse’s demise, attention turns to Deutsche Bank
In recent weeks, euro-zone investors have experienced a sense of disbelief. Could banking turmoil really stay confined to America and Switzerland? On March 24th, as European bank stocks slumped, the disbelief faded. […]
Will the recent banking chaos lead to an economic crash?
How quickly things change. Not long ago analysts thought the global economy was powering ahead; now they worry about a deep recession caused by fallout from the banking turmoil. “From no landing […]
Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST
The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]
Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST
Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]
Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST
The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]
Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST
Amnesty International asserted Friday that African and global human rights bodies must urgently investigate alleged war crimes committed by the Ethiopian National Defense Forces (ENDF) in the town of Merawi, Amhara region, […]
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