FIS Buys Worldpay for $43 Billion

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US financial technology giant FIS has acquired British payments processing firm Worldpay for $43 billion. The acquisition, which was billed as a merger, will give...

UAE Hosts Crypto Asset and Fintech Forum

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Last Sunday, March 17, 2019, the United Arab Emirates Banks Federation (UBF) and the Abu Dhabi Global Market (ADGM) came together to host a...

Report Says Credit Card Mismanagement Leads to Stress

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Many Americans mismanage their credit cards that can result in stress, a new study revealed. Commissioned by Clever Real Estate and carried out by Pollfish,...

India’s Digital Lending Grows $230 Bn

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Digital lending in India continues to expand and grow with more FinTech companies taking advantage of unsecured loans for funding. The Omidyar-BCG report states that...

Flood Insurance Plan May Hike Premiums and Reduce Property Values

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The Trump administration proposes a new plan that will change how risk will be computed under the National Flood Insurance Program (NFIP). According to analysts,...

GPGF to Withdraw Wealth Fund in Oil and Gas Companies

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The world’s largest wealth fund from Norway announced last March 8 that they will discontinue investments in oil and gas firms due to environmental...