Author: TMC Admin

As digitisation continues to evolve the financial industry in the Middle East and Africa region (MEA), global conglomerates are partnering with local companies to capitise on the booming market. Mastercard, the global paytech, is no exception, as it concludes a busy month of announcing new partnerships. Partnering with One Global and i2c to provide tailored…

Revolut Business is launching ‘Spend Management’ in the UK, the US and EEA. Spend Management is a powerful new suite of solutions to help CFOs and controllers manage their teams’ spending. The tools are available on both mobile and web for all Revolut Business customers. After the launch of Payroll for UK customers this February, Spend Management…

The amount of e-waste produced by bitcoin has been found to be five times more than is produced by some entire nations; according to analysis of the topic by StockApps. According to a StockApps analysis, bitcoin produces close to 30, 700 metric tons of e-waste a year. When measured against an absolute scale, this figure…

Businesses worldwide are facing growing demand from customers, prospects and partners to incorporate cryptocurrencies into their operations and treasury functions. Mainstream banks have been slow to respond. Meanwhile, existing crypto platforms only serve the extreme ends of the customer spectrum – that is, either small-scale retail customers or multi-million dollar institutional clients.  The idea behind…

Lloyds Bank has bolstered its collaboration with financial software firm Alfa to make it easier for customers to use asset finance to manage their working capital. Under their partnership, Lloyds Bank will upgrade to Alfa Systems v5, a cloud-based system that automates its asset finance solution’s customer servicing, income collection and recovery and pay-out handling.…

Kearney, the global consultancy partnership, has released the fourteenth edition of its annual European Retail Banking Radar. The latest report shows that European banks have enjoyed a strong recovery in 2021 from previous pandemic disruption, mainly thanks to large provision releases. As banks reported their second-highest profits in 15 years, the average profit per customer…

It’s anything but business as usual small businesses operating in the complex markets of today. They face a rising number of difficult challenges, including rapidly changing market conditions, rising costs and ever-changing regulatory standards. Businesses must be agile and quick to respond as such hurdles continue to mount pressure on businesses’ bottom line. To maintain…

Artificial Intelligence (AI) has permeated the landscape of most sectors. Most businesses and sectors have been on their toes due to constant changes in today’s markets, and the financial industry is no exception. The lending sector is constantly changing due to digitisation and evolving client expectations. The processes that form the framework of digital lending,…