Luxembourg has created what it calls the first law globally to establish a green covered bond, as regulation around environmentally responsible investing continues become more refined and definitions standardised.
Comprising data scientists and mathematicians, the new team will be tasked with incorporating artificial intelligence into SmartStream’s solutions.
An important innovation in cross-border payments brought new transparency and real-time reference to transactions long overdue and much needed.
Jacco De Jong and Sunil Senapati join the company at a time of expansion, with ever more global clients seeking to digitise their paper processes.
Banking the unbanked isn’t possible without the right underlying architecture. In a recent workshop, BankservAfrica highlighted how various African countries are redesigning their payments systems.
Vivo Energy has completed the largest African initial public offering in the UK in more than 10 years, with a source close to the trade telling EMEA Finance that long only investors picked up the lion’s share of the deal.
Al Rayan Bank hit a number of firsts in February to become the only bank outside of a Muslim majority country to print a public Sukuk backed by residential mortgages, and the bank’s treasurer tells EMEA Finance that the deal will hopefully encourage other Islamic banks to tap the market.