Slider

More than 3 billion people in the world play video games, according to Statista, and this trend has led to the growing popularity of gamification business models in banking. Gamification is forecasted to increase at a compound annual growth rate of 26.5% through 2027, and companies that adopt it see up to a 700% increase in conversion rates.

In 2022 where European stocks declined by around 12%, the three major averages suffered their worst year since the financial crash in 2008, and the FTSE 250 – a useful indicator of the UK economy’s performance – declined by 19.7%, even the most bullish investors would admit that this period has been challenging.  

International Banker is joined by Mr. Olukayode Pitan, Chief Executive Officer and Managing Director, of Bank of Industry to discuss the bank’s work with Micro, Small & Medium Enterprises, the African Continental Free Trade Area and the bank’s transactions in the Eurobond market.

The commodities market bucked the trend of most markets in 2022, registering solid gains. The Ukraine conflict curtailed the supply of energy and food commodities, and prices soared. Will that pace diminish in 2023 as recessionary conditions dampen consumer confidence? Or will the uptake in demand from a reviving China keep prices high?

As the cost of living continues to rise, many of us are scrutinising our spending and trying to find ways to budget more effectively. Here, we explore why cash is proving key – and how merchants can offer payments options that better meet consumers’ needs and drive inclusivity. There’s no disputing that times are tough. With the price of everything from gas and electricity to baked beans and toothpaste going up

Africa is home to the fastest growing, and youngest, population on the planet, the world’s largest free trade area and a significant amount of natural resources including 65% of Earth’s arable land. While birth rates are falling, especially in the developed world, the United Nations expects Africa’s population to confound this decline and double by 2050 if growth rates on the continent continue the current trajectory.

2022 wasn’t kind to stock-market investors, as central banks raised interest rates at a feverish pace to combat inflation while also blunting economic growth. As 2023 dawns, what sectors are the most promising destinations for investor funds? Consumer staples, precious metals and healthcare are three sectors that may persevere in turmoil.

With the stock market entering 2023 on a bearish footing, investors hope that the bottom is near and that monetary easing will replace monetary tightening, leading to a pickup in economic growth. All market conditions offer unique opportunities. Three stock picks to consider are Taiwan Semiconductor Manufacturing Company, Amazon and Tesla.

Stories of liquidity pressures have dominated the headlines recently as banks and other financial institutions feel the strain of current market challenges. Even market favourites, such as fast growing fintechs, are feeling the pain of the liquidity shortage. For years, the benefits of abundant and cheap liquidity have meant a benign funding environment for banks and the economy as a whole,

From the foreboding tone of the UK Chancellor’s recent Autumn Statement to the reality of the recession, there are indicators aplenty that tough times look set to continue for a large proportion of Britons. While measures are being taken in the nation’s fiscal policy to plug the budget deficit, this is unlikely to have a noticeable impact on the cost of living for the foreseeable future.