Financial services
A Memorandum of Understanding (MoU) between the State Bank of Pakistan (SBP) Banking Service Corporation (BSC) and UN Women Pakistan aims to increase access to financial services for women, particularly in rural areas, and promote women's economic empowerment in Pakistan. The partnership focuses on improving financial inclusion, financial
Financial services
The Real Estate Council of Ontario (RECO) is facing intense pressure from the real estate community and consumers as the scandal surrounding the collapse of iPro Realty Ltd. deepens. The regulator announced in early August that millions of dollars were missing from trust fund accounts at iPro, one of the
Financial services
Gold Peach Realty, the top-rated brokerage in Dahlonega, has surpassed $200 million in closed sales, solidifying its reputation as the premier real estate partner in North Georgia's historic Gold Rush town. The brokerage's innovative marketing strategies, coupled with a commitment to client-first service, have driven its
Financial services
As housing costs continue to rise, millions of Americans are struggling to afford their monthly payments. A new report from Redfin highlights the difficulties faced by Gen Z and millennial renters and homeowners, revealing that nearly 7 in 10 struggle to afford their regular housing payments, with 41% of homeowners
Financial services
Websites and platforms design digital acquisition journeys and customer outcomes in the consumer credit market to "nudge" customers into making certain transactional decisions. However, regulators have concerns that some elements of platform design might not always be in consumers' best interests. The EU's Digital Fairness
Financial services
Marcus & Millichap, a leading commercial real estate brokerage firm, announced the sale of Wallis & Stacy Townhomes, a two-property townhome portfolio in West Palm Beach, Florida. The asset sold for $10,875,000, showcasing the continued strength and resilience of the multifamily market in the region. The portfolio features
Financial services
Kenneth Thom, a former broker who was previously suspended by the Financial Industry Regulatory Authority (FINRA) in 2011, used social media to convince his followers that he was a successful trader. However, Thom allegedly misplaced nearly $800,000 from around 67 clients, investing only $350,000 and using the rest
Financial services
Kenya has received a significant economic boost after global ratings agency S and P upgraded its long-term sovereign credit rating from 'B-' to 'B'. The improved rating is a result of Kenya's improved foreign exchange reserves, stronger diaspora remittances, and robust export earnings that
Financial services
The rise of bitcoin has been marked by exponential growth, with its value increasing by over 80% in the past year. However, this fervent enthusiasm has led to the emergence of a new class of investment vehicles called bitcoin treasury companies (BTCs). These companies, which were previously struggling firms, have
Financial services
Bitpanda, a crypto exchange backed by billionaire investors, has ruled out listing in London due to concerns over liquidity in share trading. The company is considering a listing, but it will not be in London, according to Eric Demuth, cofounder of Bitpanda. The UK's capital markets are suffering
Financial services
The Nigeria Data Protection Commission (NDPC) has initiated a probe into banks, insurance companies, pension companies, gaming companies, and insurance brokers that allegedly flout the Nigeria Data Protection Act (NDP Act), 2023. The organizations under investigation have been required to provide evidence of compliance with the Act within 21 days.
Financial services
Ethereum has reached a new high, driven by record institutional inflows, favorable regulations, and growing corporate adoption. Investment advisor Woramet Chansen at Merkle Capital notes that institutional money is flowing in, and regulatory clarity is improving, making Ethereum a "golden opportunity" for investors. The cryptocurrency surged from $3,
