MoneySmart collaborates with HSBC for the 2024 credit card lucky draw, offering luxury prizes to users. Apply for HSBC cards via MoneySmart, meet spending criteria, and enter to win. Encourages frequent card use and enhances consumer financial knowledge.
Phoenix Group is planning to sell SunLife to concentrate on the UK retirement savings market. This strategic move underscores their aim to innovate and expand retirement solutions, ensuring sustainable growth and improved shareholder returns.
Standard Chartered has established a bitcoin and ether trading desk to meet growing demand. This move highlights the increasing importance of digital currencies in modern finance and marks a significant shift in the banking sector towards cryptocurrencies.
Juneteenth, celebrated on June 19th, marks the day in 1865 when enslaved African Americans in Texas learned of their freedom. Officially a federal holiday since 2021, Juneteenth affects daily operations such as postal services and banking, causing closures and limited schedules.
Advent International plans to invest up to $3 billion in Fisher Investments, signaling confidence in Fisher's growth and market position. This partnership aims to enhance Fisher's service offerings and expand its global footprint.
The Open Network for Digital Commerce (ONDC) is advancing in the financial services sector by partnering with apps like Tata Neu and Paisabazaar to simplify digital credit access in India. Collaborations with lenders such as DMI Finance and Aditya Birla Finance aim to create a seamless financial ecosystem, democratizing credit access and driving financial literacy.
As financial institutions continue to adopt cloud technologies, they are unlocking new opportunities for innovation, agility, and competitive advantage.
