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Key insight: To thrive in the new age of real-time payments, banks must invest in a continuous operating model that integrates payments, treasury and working capital into a seamless ecosystem. Supporting data: With the payments industry generating $2.5 trillion in revenue from $2.0 quadrillion in value flows, supported by 3.6 trillion transactions worldwide, the shift…
Afin Bank has launched a regulated bridging proposition offering lending of up to 80% loan-to-value (LTV) gross. The new proposition is being led by John Smith, who has been promoted to head of bridging at Afin Bank as part of the launch. In addition to offering higher LTVs, Afin’s bridging product will roll up interest…
🏆 New Building: The largest new building application filed last week was in Queens. EMP Capital Group plans to construct two buildings at 35-13 Steinway Street and 35-08 41st Street in Long Island City that would span a combined 183,876 square feet. The Steinway Street building would stand 19 stories tall and house 99 apartments;…
Accord Mortgages has cut rates in its buy-to-let (BTL) range by 0.08%. Accord Mortgages’ cuts apply on all five-year fixes up to 75% loan to value (LTV). The new rates come into effect on 9 July. Jeremy Duncombe, managing director for Accord Mortgages, said: “We’re so pleased to take this opportunity to improve the…
By Daniel Johnson CBRE says Canada’s office vacancy rate stood at 17.1% in the second quarter, down from 18.7% a year earlier. “The office recovery began in earnest about 12 to 18 months ago and now there’s hard data to evidence that it’s solidly underway,” said Marc Meehan, CBRE Canada research managing director. “(For) the…
On July 1, Robinhood Markets (HOOD 3.96%) launched its new Layer-2 blockchain, Robinhood Chain. Its Robinhood Wallet also began routing perpetual futures — leveraged crypto derivatives with no expiration date — through Lighter (LIT 11.82%), a decentralized crypto exchange that launched last December. Lighter’s token spiked on the news as did Robinhood’s stock. So is…
Auction clearance rates are softening. Buyer activity has pulled back. Vendors are nervous. Investors are reassessing. Every new data release seems to be interpreted as either the beginning of a major correction or proof that the market is finally bending under the weight of policy intervention, higher rates, and weakening sentiment. The latest Cotality figures,…
Kuwait Finance House (KFH) spent 2025 reshaping its private banking and wealth management (PBWM) business around a simple proposition: that affluent Islamic clients should no longer have to compromise between sophisticated global wealth management capabilities and strict adherence to Shariah principles. That ambition underpinned a broad transformation programme, during which KFH consolidated previously fragmented operations…
LOS ANGELES, July 8, 2026 /PRNewswire/ — Pacific Mind Health has released a FREE downloadable guide, How to Get Out of Your Own Spotlight. It’s designed to help people recognize and interrupt the spotlight effect, the tendency to overestimate how much others notice, remember, and judge us. The spotlight effect is the tendency to overestimate…
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