Hela February 15, 2019

New York Times bestselling author Gaby Dunn talks personal finance, why the millennial label is fake, 401 (k) and student loans in her latest book, “Bad with Money.” Photo credit: Laura Massa/Michael Priest Photography.LAURA MASSA/MICHAEL PRIEST PHOTOGRAPHY. From bat mitzvahs to 401 (k)s, the book chronologically follows Dunn’s life, alternating between offering life lessons and explaining complex financial […]

Hela February 15, 2019

Companies are deploying advanced technologies, like the cloud and artificial intelligence (AI), in a variety of ways. With AI, for example, organizations are finding ways to be more productive, increase speed to market and better engage with customers. These technologies are also increasingly being deployed in the finance function, a trend that is ultimately transforming […]

Hela February 15, 2019

Retirement can be defined as achieving financial independence in the third stage of life – typically after age 62 when you can claim Social Security. There’s also a rapidly growing movement around FIRE (Financial Independence Retirement Early) where people aim to achieve financial independence and gain complete control over their scarcest resource, their time, at […]

Hela February 15, 2019

Finance is hardly known for its youthfulness, yet this year’s Finance 30 Under 30s are proving that an old industry can learn new tricks. These young venture capitalists, fintech entrepreneurs, crypto enthusiasts and Millennial bankers, with an average age of just 27, are reshaping the sector and transforming our relationship with money. The members of […]

Hela February 15, 2019

Competition from large, established technology companies (BigTech) and financial technology (FinTech) could put pressure on the profitability of financial institutions and lead them to take on more risks to protect their margins.  As part of its ongoing monitoring of BigTech and FinTech influence on financial institutions, the Financial Stability Board (FSB),  today published “FinTech and market structure […]

Hela February 15, 2019

The 10th Microfinance Conference of the University of Cape Coast (UCC) opened yesterday with a call on financial and educational institutions to educate the public on financial literacy to prevent them from falling prey to Ponzi schemes and making huge financial losses. The Central Regional Minister, Mr Kwamena Duncan, who made the call, stressed the […]

Hela February 15, 2019

With surging deposit base and ever-rising profits, Bandhan Bank is now facing the problem of plenty for its capital deployment. At a time when most of the top-rung scheduled commercial banks are either waiting for the government to infuse capital or are burdened with dud loans, Bandhan is witnessing a surge in deposits which grew […]

Hela February 15, 2019

Tata Trusts Chairman Ratan Tata and Assam`s Finance Minister Himanta Biswa Sarma on Sunday launched the first 28 branches of the North East Small Finance Bank (NESFB), the region`s first small bank. “If India has to grow as a prosperous place, we need to create opportunities and entrepreneurship,” Tata said at the function here. The […]

Hela February 15, 2019

The recent devastation in Kerala has posed a new challenge to the microfinance sector, particularly the niche institutions that are concentrated in select geographies. Natural calamities in southern states like severe floods in Tamil Nadu in 2015 and now in Kerala have dealt a body blow to the sector which was hit the hardest during […]