Latest news with #InternationalFinance
Zawya
01-07-2025
- Business
- Zawya
Tunisia: International Conference on Financing for Development opens in Seville
Seville - The 4th International Conference on Financing for Development (FfD4) officially opened Monday in Seville, Spain. The event seeks to reform financing at all levels, mainly by promoting the reform of the international financial architecture and removing obstacles to investment. A Tunisian delegation led by Prime Minister Sarra Zaafrani Zenzri arrived on Sunday morning in the southern Spanish city to attend this four-day meeting (June 30-July 3). Minister of Finance Michket Slama Khaldi and officials from the Ministry of Foreign Affairs, Migration and Tunisians Abroad and the Ministry of Economy and Planning are part of the delegation. Zenzri is participating in the FfD4 on behalf of President of the Republic Kaïs Saïed. The Premier will hold on the first day of the conference a series of bilateral talks with Prime Minister of Portugal Luis Montenegro, Palestinian Prime Minister Mohammad Mustafa, Egypt's PM Mostafa Kamel Madbouly, Director-General of the International Organisation fort Migration Amy Pope, Algerian Premier Nadir Larbaoui and President of the European Bank for Reconstruction and Development Odile Renaud–Basso. © Tap 2022 Provided by SyndiGate Media Inc. (
Business Insider
24-06-2025
- Business
- Business Insider
Two thirds of fintech use IFCs as cross-border growth tops agenda
Access to international markets is a key priority for a third of executives when choosing a jurisdiction 28% see access to funding and investment as a challenge, while the same number point to regulatory compliance and changing policies BVI Finance launches Destination Digital at Fintech on the Seas, a first-of-its-kind digital assets conference taking place on Necker Island The Destination Digital report, launched today by BVI Finance, reveals the strategic priorities, challenges, and jurisdictional considerations facing global fintech businesses. Based on the views of 451 fintech executives from the world's major financial hubs, it finds a striking 94% of global fintech leaders consider cross-border growth either critical or important to their success. In fact, 63% are already operating through entities in International Finance Centres (IFCs), showing that jurisdictions play a pivotal role in how decentralised and digital-first businesses operate and grow. When fintech businesses choose to incorporate, several factors guide the decision-making process. Access to international markets and banking services is cited as crucial by 33% of global executives, closely followed by key attributes of jurisdictions such as a stable and business-friendly regulatory environment (32%) and an established professional services network (27%). This new generation of businesses has emerged due to rapid technological advancement, radically changing new business models and products. With this in mind, global executives see investment in emerging technologies as crucial to staying competitive. In fact, nearly half (46%) of fintech businesses say tech integration to enhance operational efficiency is a priority over the next two years, with business leaders within exchanges (64%) and the tokenisation sector (59%) especially focused on automation and digital infrastructure. Despite their drive for global growth, fintech businesses face a range of challenges as they scale and expand. The survey also found that over a quarter (28%) see access to funding and investment as a challenge, while the same number (28%) point to regulatory compliance and changing policies as a major obstacle to business growth. The fragmented and ever-changing regulatory landscape, particularly in the digital assets space, means these businesses require jurisdictions with the ability to navigate compliance requirements, such as Anti-Money Laundering (AML) and Know Your Client (KYC), across multiple markets – given 24% of global fintech executives see this as significant challenge, IFCs provide the solution with an innovative approach to regulation. Elise Donovan, CEO, BVI Finance, said: ' As this new generation of business look beyond borders to scale, they must navigate complex and volatile geopolitical and economic conditions, and crucially, evolving regulatory frameworks. This has created a fragmented operating environment for fast-scaling companies operating on a global stage.' 'As they plot out their roadmap for growth, where to incorporate their businesses has become critical to how they navigate this complex web, and how they balance credibility and security with the ability to innovate at pace. Given this, it is critical to understand the needs of this new generation of business, and how they are evolving. One thing is crystal clear, IFCs have a pivotal role to play and the BVI is leading a wave of innovation.' 'As businesses within the global fintech sector increasingly seek to incorporate in jurisdictions with the expertise, infrastructure and regulatory clarity, IFCs will remain critical to the industry's transformation and global growth.' Methodology The research was conducted by Censuswide, among a sample of 451 business leaders (director+) working in fintech, aged 18+ across the USA, UK, Mexico, Singapore, Hong Kong, and China. Censuswide abides by and employs members of the Market Research Society and follows the MRS code of conduct and ESOMAR principles. Censuswide is also a member of the British Polling Council. About BVI Finance BVI Finance plays a pivotal role in the promotion and marketing of the BVI as a leading international business and finance centre. Established in 2002 as part of the government's commitment to support the financial services industry, its aim is to provide a voice to the BVI's financial industry. The launch of BVI Finance marked the final stage in the government's commitment to international principles to separate the marketing/promotional functions from the regulatory/supervisory areas of the Territory's financial services industry. FinTech on the Seas 2025 is a first-of-its-kind digital assets conference taking place from Wednesday, 25th June to Friday, 27th June on Sir Richard Branson's 74-acre retreat, Necker Island. The exclusive event, focused on innovation, regulation, and global connectivity, will bring together global innovators, policymakers, and industry leaders to foster cross-border collaboration and deliver new insights on how emerging technologies are reshaping global financial systems. Contact Senior Director Dan Pike
Qatar Tribune
15-06-2025
- Business
- Qatar Tribune
CB awarded with best mobile banking app by International Finance
Tribune News Network Doha Commercial Bank (CB), a leader in innovative digital financial solutions, has been recognised with 'Best Mobile Banking App – Qatar 2025' from the prestigious awarding body, International Finance. Innovation is the foundation of Commercial Bank's strategy; it is the driving force behind every new product, every advanced financial solution, and every initiative it takes. As the bank moves forward, it remains focused on 'community', 'sustainability', and 'innovation', considering them guiding principles that empower it to foster a culture of creativity and adaptability. Adopting this mindset has enabled Commercial Bank to take on obstacles that have, and will, arise, specifically when navigating the complexities of a continuously evolving market and facing the rising needs in sustainable practices. The CBQ Mobile App is a standout example of the bank's core values like innovation, accessibility, and a strong focus on user experience. With more than 150 services and over 4.5 million logins per month, the app exemplifies the Bank's commitment to delivering seamless, secure, and customer-centric digital banking experiences. Commenting on this achievement, Commercial Bank Group CEO Joseph Abraham said, 'Being recognised with Best Mobile Banking App by International Finance is a proud achievement for Commercial Bank. It reflects the success of our continued investment in technology and customer experience. As a key player in the banking sector in Qatar, we are committed to offering market-first services while setting new industry standards and supporting the goals of Qatar National Vision 2030.' EGM and Head of Retail Banking of Commercial Bank Shahnawaz Rashid said, 'This accolade highlights the creativity and dedication of our teams who continue to redefine what's possible in Qatar's digital landscape. At Commercial Bank, we design experiences centered on our customers' evolving needs, delivering smart, secure, and reliable solutions that support their financial goals. This recognition complements the many other awards our digital platform has won — and continues to win — as a testament to our commitment to digital excellence.'
Bloomberg
26-05-2025
- Business
- Bloomberg
Former Austrian Chancellor Kurz Acquitted of Perjury on Appeal
An Austrian appeals court acquitted former Chancellor Sebastian Kurz of perjury, clearing one legal obstacle for the once high-flying political prodigy who has pivoted to build a career in international finance. The judges at the Vienna Higher Regional Court who heard his appeal said Kurz answered parliamentary questions correctly as chancellor in 2020, the Austrian Press Agency reported from the courtroom on Monday.
