Europe leads instant payments evolution

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A new piece of research has found that the value of instant payments, where transactions are completed within ten seconds, will reach $18 trillion by 2025, up from $3 trillion in 2020; a growth of over 500%.

This represents 17% of all B2B and consumer digital money transfers and banking payments by value in 2025. The research found that West Europe is driving innovation and will account for 38% of instant payment transaction value by 2025.

The report identified that success of domestic instant payment schemes will enable cross-border vendors to connect different schemes into cross-border networks, which will radically

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Earnings season kicks off soon and results could be better than feared

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Earnings season kicks off in a couple weeks and here’s why it may be better than expected.

The S&P 500 is down 4% for the month, the first down month since March, but investors are expecting big things from corporate earnings reports, which begin Oct. 13 when JPMorgan releases results.

“September has been a rough month for global equities,” said Nick Raich from the Earnings Scout in a recent report to clients. “However, it has been a fantastic month for earnings.”

Why all the optimism? Raich believes that based on early results, there is a very high chance that companies

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Listing of K-pop stars BTS’ label is South Korea’s IPO market ‘turn around’

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BTS attend the Billboard Music Awards at MGM Grand Garden Arena on May 01, 2019 in Las Vegas, Nevada.

Frazer Harrison | Getty Images Entertainment | Getty Images

SINGAPORE — The highly anticipated market debut of Big Hit Entertainment, the music label behind South Korean K-pop megastars BTS, will shift South Korea’s public listing landscape away from traditional sectors, said Dealogic

“Big Hit’s IPO (initial public listing), it does bring some much needed diversity to the South Korean IPO landscape,” Romaine Jackson, head of Southeast Asia at Dealogic, told CNBC’s “Squawk Box Asia” on Tuesday.

“It’s traditionally been your technology

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Insurance uptake and its ties with disaster recovery

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“AXA XL’s purpose is to act for human progress by protecting what matters, and what matters most to communities around the world are their homes, families and their livelihoods,” said Andrew MacFarlane, who leads AXA XL’s Public Sector Partnership Working Group. “The work we do as insurers and reinsurers, together with the support we get from government through local and federal aid agencies, and the solutions that communities themselves develop, allow these communities affected by natural disasters to recover.

“The aim of this study was really to delve into these disasters and their recoveries, and to investigate the crucial role

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