Tuesday, July 5, 2022

Western Union partners with Artajasa to offer transfer payouts into banks

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Western Union, a cross-currency money movement and payments, announced PT Artajasa Pembayaran Elektronis (Artajasa) as its newest bank account and wallet payout partner in Indonesia. Artajasa is a pioneer in the market of electronic transactions in Indonesia. The deal will enable clients to receive international money transfers in minutes into their accounts across all major banks in Indonesia. Payout into wallets will launch later this year.

New research reveals 2 in 3 Aussies would give more to charities that track...

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The unique platform partners with charities, solving a common pain point around distributing and managing expenses and donor funds, allowing them to continue effectively delivering services to those in need.

EY releases its analysis of Australian major banks’ 2022 half year results

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Robust asset growth and quality, capital returns and careful expense management have all contributed to a solid performance from Aussie’s major banks in their 2022 half year results, although margins continue to constrain earnings according to analysis from Ernst & Young, Australia. The EY Australia report shows the big four banks delivered combined cash earnings of $14.4bn for the 2022 half year, an increase of 5.1% from the same time last year.

How businesses can effectively manage fluctuating exchange rates

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Businesses that trade in goods rarely escape from the complexity of global transactions and exchange rates. Selling to overseas markets is a goal many businesses aspire to succeed in, and hundreds of local businesses are already open to selling to overseas buyers, including through marketplace platforms such as eBay and Amazon to extend their market reach.

Hashching survey shows the race is on to lock in fixed term interest rates

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A new survey of Australian mortgage brokers from Hashching has revealed that more than 8 in 10 Australians are looking to lock in fixed interest rates than this time last year.
Minister for Small Business Development, Khumbudzo Ntshavheni

South Africa announces debt relief fund to help small businesses weather the COVID-19 crisis

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The South African government has implemented various measures in order to slow the spread of COVID-19, also known as Coronavirus, many of which could negatively impact small businesses in the country.

Efficient cash flow cycles help local employers withstand shocks, says this first-of-its-kind study

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A first-of-its-kind study of ASX-listed companies has found employers who manage their cash flow and short-term capital efficiently, can more easily survive financial shocks, and even increase their share price.

TechLend, the ‘Afterpay for home loans’ launches in Australia

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Newly-launched non-bank lender TechLend is disrupting the lending market by offering home buyers interest-free, paperless, bridging loans with same-day pre-approval, in a revolutionary move that helps reduce the stress from buying and selling properties.

Australian wealth management clients want custom services and are willing to share data and...

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The 2021 EY Global Wealth Research Report also found that, in exchange for greater personalisation, the majority of Australian wealth management clients (72%) are willing to share personal data with their primary wealth manager, a higher proportion than those willing to share such data with banks, insurers, retailers, technology firms and media platforms.

Inflation and Russia-Ukraine crisis causes shift in ESG approach

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A new poll from independent investment consultancy, bfinance, on institutional investors’ responses to macroeconomic and geopolitical developments has revealed widespread re-evaluation of Environmental, Social, and Governance strategies and asset class exposures. Some 418 institutional investors (pension funds, insurers and others) from 39 different countries contributed to the 'What Are Investors Thinking Now?' study.