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Jul 16, 2024 | 
ffnews.com | Lauren Towner |Steve Sabin |Brock Blake
FIS® (NYSE: FIS), a global leader in financial technology, today announced the launch of its new SMB Digital Lending solution. Created in partnership with Lendio, the nation’s leading small business financial solutions technology platform, the solution aims to reduce the barriers to funding for small and medium-sized businesses (SMBs) by streamlining and automating lending processes for financial institutions.
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Jul 3, 2024 | 
finextra.com | Sasank Chary |Alex Kreger |Raktim Singh |Steve Sabin
Earlier this year, on February 22nd, the last remaining bank branch in the whole of the Peak District, Natwest in Bakewell,
closed its doors for good. The closure leaves thousands of locals without a physical bank to visit, with the closest Natwest, for instance, now in Chesterfield—almost a half an hour’s drive away.
Brick-and-mortar branches have been disappearing from Britain for a while.
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Jun 18, 2024 | 
finextra.com | Harshita Soni |Dmytro Spilka |Edvards Margevics |Steve Sabin
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External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
The elections for the European Parliament, held between 6th and 9th of June, could end up significantly impacting capital markets on the continent.
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Jun 14, 2024 | 
finextra.com | Harshita Soni |Dmytro Spilka |Edvards Margevics |Steve Sabin
The global wealth management market is experiencing phenomenal growth, estimated at a staggering USD
54.27 billion in 2023 This impressive figure is projected to reach a significant ng a robust
CAGR (Compound Annual Growth Rate) of 7.0%.
This growth can be attributed to several factors:
Rising Affluent Population: The global population of high-net-worth individuals (HNWIs) is growing rapidly, creating a larger client base for wealth management services.
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Jun 13, 2024 | 
finextra.com | Dmytro Spilka |Edvards Margevics |Steve Sabin
The global automotive embedded systems market was valued at $20.7 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 8.5% during the forecast period of
2023-2030. This impressive growth rate underscores the increasing demand for technologically advanced vehicles and the integration of cutting-edge embedded systems.
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Jun 12, 2024 | 
finextra.com | Dmytro Spilka |Edvards Margevics |Steve Sabin |Alastair WATSON
The textile industry in India is a significant contributor to the country's economy, with a vast and diverse range of products and applications.
The textile industry in India is one of the largest in the world, with a
market size projected to reach $350 billion by 2030, growing at a compound annual growth rate
(CAGR) of 10%. The
textile industry market size in India is approximately $240.8 billion in 2024.
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Jun 11, 2024 | 
finextra.com | Edvards Margevics |Steve Sabin |Alastair WATSON |Guy Melamed
The strong increase in global interest rates throughout 2022 and 2023 has provided a series of unconventional opportunities and risks for hedge funds. Now, as rate cuts still appear to be some months away, resourceful funds have the chance to capitalize
further.
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Mar 29, 2024 | 
finextra.com | Steve Sabin |Anna Kuzmina |Eldad Tamir |Leetal Gruper
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The “five Cs of credit” have stood the test of time for decades as basic guidelines for how lenders assess credit.
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Nov 20, 2023 | 
finextra.com | Leetal Gruper |Alex Kreger |Sergiy Fitsak |Steve Sabin
Creative digital disruption facing the banking sector is set to continue for several more years, certainly until the last of the high street branches closes its door. But how do both long-established banks and newer competitors not only stay in the game,
but emerge victorious?
It’s all down to one question. One that all banks would have most certainly asked themselves before. Do we build or do we buy?
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Nov 17, 2023 | 
finextra.com | Sergiy Fitsak |Steve Sabin |Yuriy Gnatyuk
The most discussed topic of the year at the recent Web Summit 2023 in Lisbon was Artificial Intelligence. Many experts have expressed different opinions, excitement and concerns about the impact of AI on a variety of industries and areas of our lives. But it seems to me that everyone agrees on one thing: with AI becoming mainstream, humanity has crossed a historical milestone.
