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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. SoftBank has so far earmarked $100 million to $150 million to fund 17 companies and two venture capital firms. . “We

Fintech 174
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Relationship Pricing is Key to Performance

South State Correspondent

Approximately 90% of all community banks believe that they provide an above-average level of customer service (of course, the math cannot work that way, as half of all banks should be providing a below-average level of customer service). Community banks pride themselves on superior customer service.

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Should Congress Increase FDIC Insurance Limits?

South State Correspondent

In the wake of regional bank failures, one potential answer to equity shorting and bank runs is having the FDIC increase deposit insurance. private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. economy needs.

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HSBC Reorganization Slashes 35K Positions, $100B Assets

PYMNTS

At the same time, HSBC is moving to grow profits by investing in Asia and the Middle East, both rapidly-growing regions. The reorganization is happening as the financial winds change course due to politics, economic uncertainty, U.S.-China Hong Kong and mainland China, all considered to be its primary market regions. Quinn said.

Regional 190
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How Collectives Aim To Make Cities Into Blockchain Centers

PYMNTS

Factom , whose website describes the firm as a “blockchain innovations company,” is likely the oldest such company in the region and is five years old this month, according to Harris. It also has crypto investment funds such as Multicoin Capital and Adamant Capital.

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Why P2P Could Soon Play A Leading Role In Middle East FinTech

PYMNTS

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. No matter what, FinTech seems a very good bet in this region of the world.

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How To Improve Uninsured Deposit Performance

South State Correspondent

Non-interest-bearing accounts, of course, have much longer average lives, while CDs have much shorter average lives. For example, while banks in the Southeast and Mid-Atlantic regions of the U.S. have more competition for money market accounts, thereby making the above numbers less than the above, they exhibit similar differences.

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