Finance

Big insurance companies aren’t known for their nimbleness. Many of the largest global insurers have been around for more than a century, and their time-tested business models and operating processes have changed very little. They are like supertankers; for them to change directions takes a long time. Technology, not surprisingly, …

UK-listed oil and gas company Afentra—short for African Energy Transition—aims to revitalize mature oil fields with a focus on efficiency. With existing assets in Angola, the company is seeking additional opportunities across West Africa. CFO Anastasia Deulina has served as the group’s finance chief since its inception in 2021. Global …

Recent volatility in capital markets, combined with evolving dynamics in the cybersecurity sector, has triggered an exponential boom in cyber mergers and acquisitions (M&A) across the U.S., Europe, and Asia. Several key trends are driving this surge. AI Accelerates Acquisitions Emerging AI technologies are increasing both the intensity and the …

Advanced technologies, real-time transaction capability, and innovative short-term capital instruments are helping APAC banks keep up with a demanding clientele. Leading financial institutions in the Asia-Pacific transaction banking sector are continually innovating to address the diverse and complex requirements of businesses in this fast-paced and evolving market. This year, several …

Home Media Expert Perspectives Transforming member experience – How Intellect’s strategic acquisition can change the way Canadian credit union members bank Today’s era of digital transformation enables nimble and innovative tech players to revamp traditional financial services. Intellect Design Arena Ltd. is doing exactly that for Canada’s credit unions – …

Providers are delivering digital innovations that help treasurers navigate an increasingly complex and interconnected global financial landscape. Geopolitical tensions are escalating, manifesting in volatile trade relationships, unpredictable regulatory shifts, and fragmented global supply chains. For corporate treasurers, the instability translates into increased currency volatility, heightened counterparty risk, and a critical …

After years of sparring between the US crypto entrepreneurs and financial regulators, President Trump in July signed the The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law that regulating cryptocurrencies. The Act permits insured depository institutions and other regulated entities to issue stablecoin in the US. …

Before Meta inked its $14.3 billion investment in Scale AI, its founder, Alexandr Wang, had already formed a close relationship with Meta CEO Mark Zuckerberg. The two reportedly spent time together at Zuckerberg’s homes in Palo Alto and Lake Tahoe, discussing the future of artificial intelligence and the role Scale …

With new features and rapid growth, African banks scramble to keep up with a regional economy pushing beyond regional borders. Africa’s banking sector is enjoying significant growth bolstered by a wave of innovation. Key players are enhancing their offerings from sophisticated solutions in transaction banking and cash management to robust …

Home Transaction Banking Tariffs Backfire? Trade Truce Extended as China Surges, US Still Imports Fears about US tariffs hurting China’s economy were overblown. New customs data show that China posted a record $683.5 billion trade surplus on a year-to-date basis, with July exports up 7.2%, ahead of economists’ expectations. Far …