APAC’s non-bank financial institutions face liquidity challenges: S&PMonday 12 September 2022
One NBFI failure is enough to trigger a domino effect and collapse a whole market.
US bank profits climb 7.8% on higher interest income: FDICMonday 12 September 2022
US banks reported US$64.4 billion in profits in the second quarter of 2022, as higher net interest income offset growing reserves to guard against loan losses, the Federal Deposit Insurance Corporation (FDIC).
KPMG launches embedded finance hub in SingaporeMonday 12 September 2022
It will run for 2 years and provide incubation support to institutions.
UAE-Israel trade surges 117% in H1Monday 12 September 2022
Israel-UAE bilateral trade has witnessed a 117 percent increase during the first half of 2022 compared to the same period last year.
Standard Chartered and Montage launch service to avoid duplicate financing fraudMonday 12 September 2022
It is accessible via SWIFT’s global API.