Hike Messenger, Airtel Payments Bank Collaborate on Digital Wallet

Screenshot from the Hike Wallet App Indian instant messaging application Hike on Wednesday partnered with Airtel Payments Bank to power its digital payment wallet. “We’re on track of over five million transactions this month (November) from services such as recharge and P2P. “We’re excited and we look forward to working with Airtel on supporting this effort to bring more […]

Deutsche Bank launches $8.5 billion capital hike amid heavy restructuring

Deutsche Bank plans a significant capital hike alongside the flotation of its asset management holding and further restructuring from asset disposals, Germany’s biggest lender said on Sunday. The €8 billion ($8.5 billion) capital raise will be launched on March 21, the bank said in a statement, and undertaken via the issuance of new shares with […]

Russia Detains Nine ‘Hackers’ Over $17 Million Bank Thefts

Russia Detains Nine ‘Hackers’ Over $17 Million Bank Thefts Russia has detained nine people alleged to be part of a cybercrime ring accused of stealing some $17 million dollars from bank accounts, the interior ministry said Wednesday. The detentions followed a nationwide manhunt. The FSB security agency launched a major operation last year against the […]

Can’t Get a Loan from a Bank? Here are Alternative Funding Options

Securing funds to either start or grow business was once every entrepreneur’s worst nightmare. In the past, big banks and credit unions often rejected loan applications, leaving business owners with the only option of borrowing from friends and family or borrowing against receivables. A lot has, of course, changed mainly because business owners today have […]

How to Secure Financing for Your Small Business at a Traditional Bank

Banks are the largest lenders for small businesses across the United States. But getting a traditional bank loan for a small business is often a huge challenge. About 72 percent of small businesses that apply in fact get rejected. That’s because traditional banks require businesses to meet several criteria to secure financing. It doesn’t however […]

Can’t Get a Loan from a Bank? Here are Alternative Funding Options

Securing funds to either start or grow business was once every entrepreneur’s worst nightmare. In the past, big banks and credit unions often rejected loan applications, leaving business owners with the only option of borrowing from friends and family or borrowing against receivables. A lot has, of course, changed mainly because business owners today have […]

How to Secure Financing for Your Small Business at a Traditional Bank

Banks are the largest lenders for small businesses across the United States. But getting a traditional bank loan for a small business is often a huge challenge. About 72 percent of small businesses that apply in fact get rejected. That’s because traditional banks require businesses to meet several criteria to secure financing. It doesn’t however […]

“Museums on Us” by Bank of America Provides Artful Inspiration

A little known program by Bank of America, now in its 19th year, may provide opportunities for small businesses in 101 cities across the country. The “Museums on Us” program offers credit and debit card holders across the U.S. free access to 150 participating arts and culture institutions in 101 cities the first full weekend of every […]

“Museums on Us” by Bank of America Provides Artful Inspiration

A little known program by Bank of America, now in its 19th year, may provide opportunities for small businesses in 101 cities across the country. The “Museums on Us” program offers credit and debit card holders across the U.S. free access to 150 participating arts and culture institutions in 101 cities the first full weekend of every […]

Reserve Bank may not be able to meet inflation target: IMF paper

The IMF working paper assumes significance as the RBI has recently implemented an inflation-targeting regime that requires it to hit publicly announced targets for retail inflation, based on consumer price index (CPI). New Delhi: An International Monetary Fund (IMF) paper has raised question marks over the ability of the Reserve Bank of India (RBI) to […]