Japan-based fintech Smartpay has launched Smartpay Bank Direct, the country’s first digital consumer finance service that allows customers to pay for online installment purchases straight from their bank accounts. Smartpay Bank Direct emphasizes user security while delivering convenience for the consumer, through a network of 67 partner banks across Japan[1]. Smartpay is Japan’s first digital consumer finance company to utilize Japan’s open banking system. Continue reading
Tag Archives: Finance
Ramon Pedrosa-Lopez New Book “The Philosophy of Investor Relations” Now Available
Renowned business leader and author Ramon Pedrosa-Lopez has released his latest book, “The Philosophy of Investor Relations”, a thought-provoking exploration of the role of investor relations in the contemporary stock market world. Continue reading
The Swiss financial industry has successfully traded and settled tokenized investment products
For the first time, key players in the Swiss financial industry successfully developed and tested a novel settlement mechanism for tokenized investment products on a public blockchain testnet infrastructure. A smart contract, developed by the Capital Markets and Technology Association (the CMTA), allows for streamlined processes, reduces complexity, raises security, and eliminates counterparty risks from trades. The CMTA’s proof of concept marks a milestone for the Swiss financial industry. Continue reading
79% of risk pros prioritize credit risk transformation in race to digitalize banking
The Metaverse and NFTs of The Abode of Chaos dixit NYT, Contemporary Art Museum and headquarters of Artprice by Artmarket.com – a reality according to n°2208 of the monthly magazine Géomètre (creation 1847)
Taking into account Artmarket.com’s shareholder equity, equity of the market, and their access to any information likely to impact the share price, Artmarket.com must inform the market and its shareholders of the publication of a long article by Marielle Mayo, entitled “Abode of Chaos, a Metaverse in the making” which appears in the December 2022 n°2208 issue of the monthly magazine Géomètre© (creation 1847).
This article reports on the Metaverse of the Organe Contemporary Art Museum which manages La Demeure du Chaos / Abode of Chaos (dixit The New York Times), extended to Artprice’s headquarters, specifically the NFT Marketplace linked to the Blockchain. Continue reading
Elon Musk takes Twitter private – here’s what that means for the company and its chances of success
Elon Musk has said he intends to complete his purchase of Twitter after earlier trying to wriggle out of the deal.
Patrick Pleul/Pool via AP
Erik Gordon, University of Michigan
Elon Musk has finally completed his US$44 billion deal to acquire Twitter and take it private.
Will South Africa’s street vendors go bust in a cashless world?
Kim Harrisberg Published: October 12, 2022
- Digital payments on the rise in South Africa
- People without mobile phones, bank accounts excluded
- Calls for innovation to include informal economy
JOHANNESBURG – For more than a decade, musician Thomas Nhassavele has been busking next to the parking payment machine at Johannesburg’s Rosebank Mall, where drivers often dropped their change into his guitar case. Continue reading
Finastra research points to open finance progress
Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research. Results point to the significant progress the industry has made around open finance and collaboration, despite the challenging market conditions of the last few years. Continue reading
Rise Start-Up Academy Opens Applications to FinTech Experts
Rise, created by Barclays – a global community of the world’s top innovators working together to create the future of financial services – has opened applications for the next cohort of the Rise Start-Up Academy. The theme for this cohort is specifically focused on supporting budding founders who find themselves out of their FinTech jobs due to the current economic climate. Continue reading
UK interest rate rise: what the Bank of England’s historic hike means for your money
Jonquil Lowe, The Open University
The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant inflation amid the cost of living crisis in the UK.