Bridging Finance
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What The Collapse Of Market Financial Solutions Means For Global Economy
Market Financial Solutions (MFS), a London-based bridge lender, entered insolvency on Feb. 25 amid fraud allegations.
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Visa to Add Support for Four Stablecoins Across Four Blockchains as Usage Surges
Visa is planning to expand support for four stablecoins across four blockchains as part of its growing digital asset strategy. The company aims to simplify cross-border settlements and enhance financial efficiency. With more than 130 stablecoin-linked programmes in 40 countries, Visa is positioning itself as a major bridge between traditional finan...
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Polygon to Shift Focus to Stablecoins Amid Rising Institutional Interest
Polygon plans to shift its focus to stablecoins as part of its roadmap for 2025. The crypto firm's founder Sandeep Nailwal said that the institutional interest in stablecoins has risen significantly, and industry players have started to prepare to cater to the demands around stablecoin custody and services. He stated that stablecoins make the bridg...
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Bridging Finance Former Executives Found Guilty Of Fraud, Bribery
The husband-and-wife team who ran Toronto private lender Bridging Finance Inc. committed fraud, took kickbacks and tried to mislead investigators about it, Canada's top securities regulator has ruled.
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WazirX to Form Committee of Creditors by October 9 Amidst Restructuring Plans
WazirX has announced that it is in the process of forming a ‘Committee of Creditors (COC)’. In a blog post published on October 2, WazirX claimed that it aims to bridge the communication gap with its creditors.
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Crypto Losses Jumped Nearly 60 Percent in the First 7 Months of the Year: Chainalysis
Losses arising from cryptocurrency hacks jumped nearly 60 percent in the first seven months of the year to $1.9 billion (roughly Rs. 15,070 crore), propelled by a surge in funds stolen from decentralised finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. The firm noted that the trend is...
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Sri Lanka Says India, World Bank Considering $2 Billion Bridge Finance
Sri Lanka's finance minister said on Friday that India and the World Bank are considering extending about $2 billion in bridge finance so it can continue essential imports.
-
Budget 2019: Nirmala Sitharaman Highlights Infra Projects Bridging Rural Urban Divide
Finance Minister Nirmala Sitharaman announced augmenting 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana at a cost of Rs. 80,250 crore and creating a national highways grid.
-
IMF Pakistan Bailout Of $8 Billion To $12 Billion Likely By Mid-May: Minister
Cash-strapped Pakistan is likely to secure a bailout package between USD 6 billion and USD 12 billion from the IMF by the middle of May after the two sides significantly bridged the "gap" on the terms of the deal, Finance Minister Asad Umar has said.
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Aaykar Setu App Launched by FM Arun Jaitley to Help Pay Taxes, Apply for PAN, and More
The mobile app 'Aaykar Setu', launched by Finance Minister Arun Jaitley, literally means bridge for taxpayers and will be available in Android phones.
-
Arun Jaitley Launches Aaykar Setu: An App To Pay Taxes, Apply For PAN Card
The mobile app 'Aaykar Setu', launched by Finance Minister Arun Jaitley, literally means taxpayer's bridge and will be available in Android phones.
-
NPCI Starts Pilot Project to Digitise Transactions for Micro Finance Institutions
Digitising cash based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency.
-
Gang Loots 30 kg Gold From Finance Firm In Kolkata
A gun-toting gang on Friday looted 30 kg gold, kept in vault, at the Dunlop bridge branch of Manappuram Finance Ltd, in the northern outskirts of the city, a senior officer of Barrackpore Police Commissionerate said.
-
India Needs $1.5 Trillion For Infrastructure: Arun Jaitley
India needs over USD 1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun Jaitley said today.
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As China Slows Down, India Can Be A Very Powerful Driver: Arun Jaitley
With China slowing down, the world is now looking for "other shoulders to rest its growth on" and India, with planned infrastructure spending to bridge deficit, can be a very powerful driver, Finance Minister Arun Jaitley said today.
-
What The Collapse Of Market Financial Solutions Means For Global Economy
Market Financial Solutions (MFS), a London-based bridge lender, entered insolvency on Feb. 25 amid fraud allegations.
-
Visa to Add Support for Four Stablecoins Across Four Blockchains as Usage Surges
Visa is planning to expand support for four stablecoins across four blockchains as part of its growing digital asset strategy. The company aims to simplify cross-border settlements and enhance financial efficiency. With more than 130 stablecoin-linked programmes in 40 countries, Visa is positioning itself as a major bridge between traditional finan...
-
Polygon to Shift Focus to Stablecoins Amid Rising Institutional Interest
Polygon plans to shift its focus to stablecoins as part of its roadmap for 2025. The crypto firm's founder Sandeep Nailwal said that the institutional interest in stablecoins has risen significantly, and industry players have started to prepare to cater to the demands around stablecoin custody and services. He stated that stablecoins make the bridg...
-
Bridging Finance Former Executives Found Guilty Of Fraud, Bribery
The husband-and-wife team who ran Toronto private lender Bridging Finance Inc. committed fraud, took kickbacks and tried to mislead investigators about it, Canada's top securities regulator has ruled.
-
WazirX to Form Committee of Creditors by October 9 Amidst Restructuring Plans
WazirX has announced that it is in the process of forming a ‘Committee of Creditors (COC)’. In a blog post published on October 2, WazirX claimed that it aims to bridge the communication gap with its creditors.
-
Crypto Losses Jumped Nearly 60 Percent in the First 7 Months of the Year: Chainalysis
Losses arising from cryptocurrency hacks jumped nearly 60 percent in the first seven months of the year to $1.9 billion (roughly Rs. 15,070 crore), propelled by a surge in funds stolen from decentralised finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. The firm noted that the trend is...
-
Sri Lanka Says India, World Bank Considering $2 Billion Bridge Finance
Sri Lanka's finance minister said on Friday that India and the World Bank are considering extending about $2 billion in bridge finance so it can continue essential imports.
-
Budget 2019: Nirmala Sitharaman Highlights Infra Projects Bridging Rural Urban Divide
Finance Minister Nirmala Sitharaman announced augmenting 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana at a cost of Rs. 80,250 crore and creating a national highways grid.
-
IMF Pakistan Bailout Of $8 Billion To $12 Billion Likely By Mid-May: Minister
Cash-strapped Pakistan is likely to secure a bailout package between USD 6 billion and USD 12 billion from the IMF by the middle of May after the two sides significantly bridged the "gap" on the terms of the deal, Finance Minister Asad Umar has said.
-
Aaykar Setu App Launched by FM Arun Jaitley to Help Pay Taxes, Apply for PAN, and More
The mobile app 'Aaykar Setu', launched by Finance Minister Arun Jaitley, literally means bridge for taxpayers and will be available in Android phones.
-
Arun Jaitley Launches Aaykar Setu: An App To Pay Taxes, Apply For PAN Card
The mobile app 'Aaykar Setu', launched by Finance Minister Arun Jaitley, literally means taxpayer's bridge and will be available in Android phones.
-
NPCI Starts Pilot Project to Digitise Transactions for Micro Finance Institutions
Digitising cash based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency.
-
Gang Loots 30 kg Gold From Finance Firm In Kolkata
A gun-toting gang on Friday looted 30 kg gold, kept in vault, at the Dunlop bridge branch of Manappuram Finance Ltd, in the northern outskirts of the city, a senior officer of Barrackpore Police Commissionerate said.
-
India Needs $1.5 Trillion For Infrastructure: Arun Jaitley
India needs over USD 1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun Jaitley said today.
-
As China Slows Down, India Can Be A Very Powerful Driver: Arun Jaitley
With China slowing down, the world is now looking for "other shoulders to rest its growth on" and India, with planned infrastructure spending to bridge deficit, can be a very powerful driver, Finance Minister Arun Jaitley said today.
