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Category: Banking

Pro Visionary’s Commitment to ESG Gains Momentum Amid Evolving Australian Market

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Pro Visionary strengthens its commitment to ESG, integrating sustainable principles into fixed-income strategies to drive long-term value while addressing climate risks and societal challenges in the Australian market. SYDNEY, AUSTRALIA / ACCESSWIRE / September 29, 2024 / As ESG (Environmental, Social, and Governance) considerations take centre stage in the financial industry, Pro Visionary, a Sydney-based … Continued

Manage Your Loans partners with TorFX to enhance currency exchange solutions

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Manage Your Loans, a leading Australian firm dedicated to empowering clients with tailored loan solutions, is proud to announce a strategic partnership with TorFX, a specialist in foreign currency transfers and payments. This collaboration aims to offer customers efficient, cost-effective, and seamless currency exchange services, enhancing the value and breadth of services provided by Manage … Continued

Customer-owned banks urged to improve breach reporting

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  The latest Annual Report of the Customer Owned Banking Code Compliance Committee (COBCCC) has highlighted efforts to improve breach and complaints reporting by customer-owned banks.  The COBCCC’s report reveals that the number of customer-owned banks reporting zero breaches significantly decreased from 13 in 2022-23 to just four in 2023-24.  Chair of the COBCCC, Jocelyn Furlan, … Continued

Central Bank of Bahrain Grants Crypto.com Payment Service Provider Licence

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MANAMA, BAHRAIN / ACCESSWIRE / September 19, 2024 / The Central Bank of Bahrain today granted Crypto.com full approval to provide payment service provider (PSP) services through its subsidiary registered in the Kingdom of Bahrain under the commercial name "FORIS GFS BH B.S.C. CLOSED", adding to the company’s significant regulatory milestones in the region. The … Continued

Australia’s economic health: the pressure on interest rates

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While Australia weathered the pandemic better than many countries, questions about its recovery and handling of high inflation are tempering the economic outlook. Getting inflation and employment settings right will be critical, experts say – and some pain will likely be necessary. Bruce Preston, Professor of Economics at UNSW Business School, says that while many … Continued

Bahrain Gears Up to Host the 2nd Edition of Fintech Forward in October

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The flagship installment of 2024’s Transformation Agenda series will be programmed by Economist Impact and hosted by Bahrain Economic Development Board with the support of the Central Bank of Bahrain & Bahrain FinTech Bay MANAMA, BAHRAIN / ACCESSWIRE / August 27, 2024 / Bahrain is gearing up for its second edition of Fintech Forward, which … Continued

CME Group Opens Registration for its 21st Annual Global University Trading Challenge

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AUSTRALIA, Sydney Aug. 27, 2024  — CME Group, the world’s leading derivatives marketplace, today announced that registration is now open for the 21st annual CME Group University Trading Challenge, which will be held from Sunday, October 6, 2024 through Thursday, October 31, 2024. Interested students can register no later than 2 p.m. CT on Tuesday, October 2, where they can also familiarize themselves … Continued

How storylines can help businesses communicate climate risks

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New research led by Dr Tanya Fiedler, Senior Lecturer and Scientia Fellow at the UNSW Institute for Climate Risk & Response, explores how narratives can help us better understand and communicate the impacts of climate change. With the imminent changes in financial reporting requirements, businesses now need localised data to assess the impact of climate … Continued

Major bank CEOs to face House Economics Committee

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The CEOs of Australia’s four major banks (ANZ, Commonwealth Bank, National Australia Bank and Westpac) will appear before the House Standing Committee on Economics in Canberra on 29 and 30 August 2024 for its Review of Australia’s four major banks. Committee Chair Dr Daniel Mulino MP said it had been an eventful year for banking, from high interest rates and … Continued