This post references an article originally written by Andrew Ackerman for The Wall Street Journal, published on June 18, 2019. Representative Maxine Waters and Representative Patrick McHenry reached an agreement on Tuesday night which would keep Ex-Im Bank open for another 7-years. The agreement will allow the bank to remain operational and at the same […]
This post references an article originally written by Brian Caplen for The Banker, published on June 18, 2019. The growing presence of fintechs has certainly had a tremendous impact on the banking industry, yet Africa appears unphased. The Banker states, “banking revenues are growing faster in Africa than anywhere in the world and returns on […]
This post references an article originally written by Robert Armstrong for the Financial Times, published on May 28, 2019. Global Payments recently acquired TSYS—the result of a $2.5bn all-stock deal. The acquisition comes as a wave of consolidation sweeps through the payment technology industry. Jeff Sloan, chief executive of Global Payments, attributes this consolidation cycle […]
Integrity Compliance, in essence, is a set of standards imbedded in a company’s values for the purpose of ensuring the ethical and fair execution of business practices. The addition of integrity compliance within a company’s overall business policies can also help maintain healthy third party relationships. While integrity compliance policies focus on internal controls, it […]
This post references an article originally written by Byron Kaye for Forex StockNews, published on May 27, 2019. An Australian law firm has filed a class action lawsuit against five banks: UBS AG, Barclays Bank Plc, Citigroup Inc, Royal Bank of Scotland, and JP Morgan AG. The five international banks are accused of “colluding to […]
This post references an article originally written by Peter Rudegeair for The Wall Street Journal, published on May 25, 2019. The Wall Street Journal published a story on Guillaume Pousaz, the young CEO of Checkout.com—an international provider of online payment solutions. The site, launched in 2012, serves as a platform for companies to process and […]
This post references articles originally written by Eva Szalay for the Financial Time, published on May 15, 2019 and Patricia Kowsmann for Market Watch, published on May 16, 2019. Backed by the Association for Financial Markets in Europe (AFME), global banks are fighting MiFID regulation requiring them to disclose information regarding foreign exchange markups and […]
