The Number of Companies Worldwide Plunged by Half a Million Due to COVID-19
- 3 years 1 month ago
- Covid-19
The mass layoffs and office closures caused by the COVID-19 have affected almost every industry and sector. As a result, hundreds of thousands of businesses worldwide were pushed out of the track, and many of them couldn't meet the challenges posed by the pandemic.
Esker (ALESK): Returning to pre-COVID-19 Growth Path
- 3 years 2 months ago
- Covid-19, Consultancy
Esker's H121 results confirm growth has accelerated after a period of COVID-19-induced weaker demand in FY20. Revenue growth of 19% y-o-y compares to 8% growth in H120 and FY20. Despite increasing headcount by 12% y-o-y, Esker reported operating profit growth of 47% and an operating margin at the higher end of the company's 13-15% target range. While FY21 guidance is unchanged, our earnings forecasts for FY21/22 have been revised to reflect the... more
How to Check Fake COVID 19 PCR Test Online. AI-powered Verification
- 3 years 2 months ago
- Artificial Intelligence, Covid-19, Machine Learning
AI-powered Verification As the COVID-19 pandemic continues to plague industries, healthcare agencies are making strides to return society to regular life.
Global X ETFs Releases Two Thematic ETFs on a Single Day giving Investors Exposure to Clean Energy
- 3 years 2 months ago
- Covid-19
Despite the COVID-19 pandemic, renewable capacity in 2020 expanded by 260GW, an increase of more than 45% from 2019. Looming renewable energy policy deadlines are likely to push this growth even further. Motivation amongst investors to join the trend for thematic investment strategies remains high. As one of the key players in the field of thematic investing, Global X ETFs is releasing two new ETFs at the same time that track companies advancing... more
New Report From Workato Shows Record Growth for Automation as a Result of Covid-19
First annual W*rk Automation Index shows how changing behaviours due to the pandemic increased the use of automation processes
How COVID has Shaped B2B Travel Payments
The travel industry is seeing signs of recovery as the vaccine rollout builds momentum across various regions globally. With International borders opening up, travel is set for a rebound as people are hungry to get out and see the world again. According to the International Air Transport Association (IATA), it has been predicted that in 2021, passenger numbers are expected to grow to 2.8 billion. But with continued uncertainty and the rise of... more
Growing Cyber Threat in the Context of COVID-19: Payments Industry Comes Together to Recommend a Combined Approach to Tackle the Problem
- 3 years 2 months ago
- Covid-19, Payments, Cybersecurity
Payments 20 (P20), the leading voice of the global payments industry, has collaborated with some of the largest payment firms and law enforcement organisations to develop a standard approach which will help firms defend themselves against the growing, global cyber threat.
CIMB Niaga and JCB launch JCB Contactless Credit Card in Indonesia
- 3 years 2 months ago
- Covid-19, Payments, Credit Cards
PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as subsidiaries of JCB International Co Ltd., launched the CIMB Niaga JCB Contactless Credit Card in Jakarta, Friday, 3 September 2021. This credit card with contactless technology was developed in line with the rapid growth of credit card technology and the COVID-19 pandemic situation. The Contactless Credit Card can make it easier for customers to transact as well as... more
Nordea Economic Outlook: A new phase
- 3 years 2 months ago
- Covid-19, Asset Management
The pandemic is far from over, but the global economic outlook remains benign. We expect global growth to land at 5.5% this year, before slowing to 5.1% and 4.1% in 2022 and 2023, says Helge Pedersen, Nordea Group Chief Economist. Inflation has risen sharply, and it may stabilise at a higher level than seen in many years.
Two Thirds of Businesses Feel ‘let Down’ by Their Banking Provider During Covid-19 Crisis
Over two thirds (66 per cent) of small and medium sized enterprises (SMEs) have said they felt let down by their banking provider during the Coronavirus pandemic, according to a new survey. The data, collated by researchers from the Parliament Street Think Tank, indicates that the disconnect between businesses across Europe and financial services organisations has widened since the beginning of the pandemic.
E-RUPI Goes Live for Mswipe Merchants; Boost for Vaccination Drives at Hospitals and Healthcare Facilities
~ Merchants can accept e-RUPI on mPOS and Mobile App ~ Boosting ease of digital payment acceptance by MSMEs across India, Mswipe has gone live with e-RUPI for all its 6.75lakh POS and 1.1 million QR merchants. Mswipe has powered hospitals and healthcare facilities to accept the digital vouchers from beneficiaries, thereby giving a boost to the vaccination drive against COVID-19.
London Business Coach Searching for Charity Partner
- 3 years 3 months ago
- Covid-19
With charities facing intense pressure during the pandemic, a local business coach is offering support in 2021. Jamie Goral, a London-based business coach at ActionCOACH, is searching for a local charitable organisation to help achieve their operational and financial goals through his gifted coaching sessions.
Chirag Shah, CEO, Nucleus Commercial Finance Comments on BVA BDRC’s Q2 SME Finance Monitor:
- 3 years 3 months ago
- Covid-19, Alternative Finance, Messaging
“The last 18 months have presented serious challenges for SMEs across the country, with many businesses simply struggling for survival, and so it’s very encouraging to see SME confidence on the rise, with over half now expecting to grow. With lockdown restrictions now lifted, SMEs are in a better place to plan for the future and are looking to external finance as a way to do this.
Bata India Announces Q1 results; Sales Remained Subdued Owing to the Second Wave of Covid-19
- 3 years 3 months ago
- Covid-19
Footwear major Bata India Limited today announced results for the quarter ended 30th June, 2021. Sales across retail outlets remained largely subdued, owing to the second wave of Covid-19 infections and ensuing lockdowns. However, sales through ecommerce platforms continued to remain robust and witnessed an uptick despite the restrictions. Revenue from operations for the quarter stood at INR 2670 million and net loss after tax amounted to INR... more
Mirae Asset Global Investments Launches Chinese Stocks-based Clean Energy ETF Under TIGER ETF Brand in Korea
- 3 years 3 months ago
- Covid-19, Trading Systems
FRANKFURT AM MAIN – Despite the current pandemic, China retained solid growth in 2020. As the only major economy around the globe, the middle kingdom reports a positive economic growth of 2.3 percent in 2020. China’s pillars of growth roots in its innovation power and a growing middle class, making Chinese companies the profiteers of globalized markets.
