World Bank President Jim Yong Kim is thinking about reinventing the organisation model.
Africa should be concerned about news that the World Bank is looking to migrate from the model that largely relies on funding member states to become a broker of private capital.
An early prototype of the IBM Watson cognitive computing system in Yorktown Heights, NY. It was originally the size of a master bedroom in 2011.
Banks are relying more and more on robots that perform financial services.
The first microloans were made to women in rural Bangladesh in the 1970s. Banesa Khatun (far left) here in 2006, was still using Grameen Bank 30 years later.
A new study finds that giving small loans to very poor people reduces both the incidence and depth of poverty in the developing world.
Banks are in such poor conditions that it affects Tunisians’ day to day lives.
Tunisia's economy has been struggling since the country’s 2011 revolution. Corruption and bad governance within the banking sector is not helping.
LIBOR continues to evoke irritation, frustration and fear – for traders, central bankers and the public.
Getting down to business.
If the UK fails to maintain its global outlook, it could lose business to a globalist France.
Stories of financial mismanagement in football have become all too common. Where is the outcry?
The Chinese government is doing its best to stop China's bad loan problem from blowing up.
Former Finance Minister Pravin Gordhan flanked by Deputy Minister Mcebisi Jonas and Director General Lungile Fuzile.
The framing of the prevailing political protests in South Africa shows too much focus on the role of individuals. This is dangerous in hearkening back to the flawed Great Man Theory.
Creating a bitcoin ETF won’t suddenly make it safe.
Money is pouring into exchange traded funds, but making a bitcoin one isn't necessarily a good idea.
The sacking of South Africa’s Finance Minister Pravin Gordhan has created uncertainty about the future of the country’s finances.
The removal of South Africa's finance minister, Pravin Gordhan, is the greatest threat to public finances experienced in the post 1994 era.
Expect more deals as low-cost options derail the investment industry's business model.
Under threat? A tough call for PSA.
The takeover of GM's European brands has historic parallels – and implications for both Europe and the US.
On the outside.
Whether it is a basic bank account, a mortgage to buy a house or loan to start a business, financial services are an essential part of modern life.
Young women in the survey showed less interest and knowledge on long-term investments.
Young women are are confident in implementing budgeting and savings strategies, but lack the knowledge and confidence required to implement long-term financial strategies, a new pilot study finds.
World Literature Today/Flickr
Financially illogical and fuelled by irrational dogma, the creation of a new tranche of private sector debt is a missed opportunity.
It’s too soon to say what advantages there are to issuing government bonds using blockchain technology.
Despite a media statement announcing that Commonwealth Bank of Australia (CBA) and Queensland Treasury Corporation (QTC) have created the first government bond using the blockchain (dubbed the “cryptobond…
The Conservatives may be willing to sacrifice what’s left of the UK’s beleaguered social model to maintain the City’s global status.
Scott Morrison’s UK visit may deliver some new ideas on data for Australia.
Australia could follow the UK's lead in fostering progress in the financial technology sector.
The one audience that was prepared for a hard Brexit, it seems, was the City of London.