Money Market

Fitch: Islamic Finance Standardisation Will Be Slow

25/10/2017/Fitch Ratings The lack of standardisation in Islamic finance is a significant constraint on the industry’s growth and we expect progress to be slow given the scale of the challenge, Fitch Ratings says. Greater harmonisation of sharia codification within and between jurisdictions is often cited as a limiting factor. But […]

Mastercard Send Continues to Lead Advances in Push Payments Globally

October 25, 2017/Mastercard Jorn Lambert When we launched Mastercard Send in May 2015 as the first-of-its-kind brand agnostic card based push payments platform, we knew we were on to something big – changing the direction of our card network to push funds to accounts using Debit PANs to unlock new […]

Standard Chartered Partners Mastercard on Cross-Border Payments

Mastercard Send Helps Leading Global Banks Deliver Faster, Cheaper and More Transparent International Payments Services to Both Consumers and Businesses October 25, 2017/Mastercard Today Mastercard announced Standard Chartered Bank as the most recent major bank integrating the Mastercard Send service to broaden their cross-border payment services. Standard Chartered Bank joins […]