#financial services institutions

[m1nxt]

Effective Working Capital Management | M1NXT

Effective working capital management is crucial for the success of any business, and at M1NXT, we provide exceptional solutions to help businesses achieve their financial goals. Our cash flow analysis process is comprehensive and helps businesses identify areas where they can optimize their working capital management. As an international financial platform registered under the IFSC, we provide reliable and secure financial services to businesses of all sizes. Our team of experts works closely with our clients to understand their unique needs and provide tailored solutions to improve their cash flow and overall financial performance. Contact M1NXT today to learn more about our working capital management services and how we can help your business thrive.

[emorphistechno]

Explore the technologies enhancing Financial Services and BFSI sector including the Financial Services cloud. Features including account administration, financial planning tools, portfolio management, and compliance monitoring are available in the Salesforce Financial Services Cloud. To offer a complete solution for financial institutions, it also interfaces with other Salesforce products like Marketing Cloud and Sales Cloud.

[nationallinkatm24]

Financial Institutions Services

National Link ATM provides cutting-edge ATM services to financial institutions, ensuring reliable, secure transactions and enhanced customer access. Our solutions optimize convenience and operational efficiency.

[kampalaedgetimes]

UIBFS Annual General Meeting And 11th Graduation Ceremony 2024

Professionalization and Human Capital Development in the Banking and Financial Services Industry The Uganda Institute of Banking and Financial Services (UIBFS) held its Annual General Meeting (AGM) and Graduation Ceremony on June 27, 2024, at the Mestil Hotel Kampala. The Uganda Institute of Banking and Financial Services (UIBFS), formerly The Uganda Institute of Bankers, is the leading…

[liberaljane]

Women's Not So Distant History

This #WomensHistoryMonth, let's not forget how many of our rights were only won in recent decades, and weren’t acquired by asking nicely and waiting. We need to fight for our rights. Here's are a few examples:

📍 Before 1974's Fair Credit Opportunity Act made it illegal for financial institutions to discriminate against applicants' gender, banks could refuse women a credit card. Women won the right to open a bank account in the 1960s, but many banks still refused without a husband’s signature. This allowed men to continue to have control over women’s bank accounts. Unmarried women were often refused service by financial institutions entirely.

📍 Before 1977, sexual harassment was not considered a legal offense. That changed when a woman brought her boss to court after she refused his sexual advances and was fired. The court stated that her termination violated the 1974 Civil Rights Act, which made employment discrimination illegal.⚖️

📍 In 1969, California became the first state to pass legislation to allow no-fault divorce. Before then, divorce could only be obtained if a woman could prove that her husband had committed serious faults such as adultery. 💍By 1977, nine states had adopted no-fault divorce laws, and by late 1983, every state had but two. The last, New York, adopted a law in 2010.

📍In 1967, Kathrine Switzer, entered the Boston Marathon under the name "K.V. Switzer." At the time, the Amateur Athletics Union didn't allow women. Once discovered, staff tried to remove Switzer from the race, but she finished. AAU did not formally accept women until fall 1971.

📍 In 1972, Lillian Garland, a receptionist at a California bank, went on unpaid leave to have a baby and when she returned, her position was filled. Her lawsuit led to 1978's Pregnancy Discrimination Act, which found that discriminating against pregnant people is unlawful

📍 It wasn’t until 2016 that gay marriage was legal in all 50 states. Previously, laws varied by state, and while many states allowed for civil unions for same-sex couples, it created a separate but equal standard. In 2008, California was the first state to achieve marriage equality, only to reverse that right following a ballot initiative later that year. 

📍In 2018, Utah and Idaho were the last two states that lacked clear legislation protecting chest or breast feeding parents from obscenity laws. At the time, an Idaho congressman complained women would, "whip it out and do it anywhere,"

📍 In 1973, the Supreme Court affirmed the right to safe legal abortion in Roe v. Wade. At the time of the decision, nearly all states outlawed abortion with few exceptions. In 1965, illegal abortions made up one-sixth of all pregnancy- and childbirth-related deaths. Unfortunately after years of abortion restrictions and bans, the Supreme Court overturned Roe in 2022. Since then, 14 states have fully banned care, and another 7 severely restrict it – leaving most of the south and midwest without access. 

📍 Before 1973, women were not able to serve on a jury in all 50 states. However, this varied by state: Utah was the first state to allow women to serve jury duty in 1898. Though, by 1927, only 19 states allowed women to serve jury duty. The Civil Rights Act of 1957 gave women the right to serve on federal juries, though it wasn't until 1973 that all 50 states passed similar legislation

📍 Before 1988, women were unable to get a business loan on their own. The Women's Business Ownership Act of 1988 allowed women to get loans without a male co-signer and removed other barriers to women in business. The number of women-owned businesses increased by 31 times in the last four decades. 

Free download

📍 Before 1965, married women had no right to birth control. In Griswold v. Connecticut (1965), the Supreme Court ruled that banning the use of contraceptives violated the right to marital privacy.

📍 Before 1967, interracial couples didn’t have the right to marry. In Loving v. Virginia, the Supreme Court found that anti-miscegenation laws were unconstitutional. In 2000, Alabama was the last State to remove its anti-miscegenation laws from the books.

📍 Before 1972, unmarried women didn’t have the right to birth control. While married couples gained the right in 1967, it wasn’t until Eisenstadt v. Baird seven years later, that the Supreme Court affirmed the right to contraception for unmarried people.

📍 In 1974, the last “Ugly Laws” were repealed in Chicago. “Ugly Laws” allowed the police to arrest and jail people with visible disabilities for being seen in public. People charged with ugly laws were either charged a fine or held in jail. ‘Ugly Laws’ were a part of the late 19th century Victorian Era poor laws. 

📍 In 1976, Hawaii was the last state to lift requirements that a woman take her husband’s last name.  If a woman didn’t take her husband’s last name, employers could refuse to issue her payroll and she could be barred from voting. 

📍 It wasn’t until 1993 that marital assault became a crime in all 50 states. Historically, intercourse within marriage was regarded as a “right” of spouses. Before 1974, in all fifty U.S. states, men had legal immunity for assaults their wives. Oklahoma and North Carolina were the last to change the law in 1993.

📍  In 1990, the Americans with Disability Act (ADA) – most comprehensive disability rights legislation in U.S. history – was passed. The ADA protected disabled people from employment discrimination. Previously, an employer could refuse to hire someone just because of their disability.

📍 Before 1993, women weren’t allowed to wear pants on the Senate floor. That changed when Sen. Moseley Braun (D-IL), & Sen. Barbara Mikulski (D-MD) wore trousers - shocking the male-dominated Senate. Their fashion statement ultimately led to the dress code being clarified to allow women to wear pants. 

📍 Emergency contraception (Plan B) wasn't approved by the FDA until 1998. While many can get emergency contraception at their local drugstore, back then it required a prescription. In 2013, the FDA removed age limits & allowed retailers to stock it directly on the shelf (although many don’t).

📍  In Lawrence v. Texas (2003), the Supreme Court ruled that anti-cohabitation laws were unconstitutional. Sometimes referred to as the ‘'Living in Sin' statute, anti-cohabitation laws criminalize living with a partner if the couple is unmarried. Today, Mississippi still has laws on its books against cohabitation. 

[cherokeecleaningcompany]

Searching for reliable cleaning services for financial institutions in Knoxville, TN? Look no further! Cherokee Cleaning Company specializes in providing thorough and professional cleaning solutions for financial institutions. Contact us today for a sparkling clean environment!

[internationalwomenday]

13th plenary meeting - Commission on the Status of Women, Sixty-eighth session (CSW68) - General discussion (continued)

The sixty-eighth session of the Commission on the Status of Women will take place from 11  to 22 March 2024 under the theme "Accelerating the achievement of gender equality and the empowerment of all women and girls by addressing poverty and strengthening institutions and financing with a gender perspective". Review theme: Social protection systems, access to public services and sustainable infrastructure for gender equality and the empowerment of women and girls

Watch the 13th plenary meeting - Commission on the Status of Women, Sixty-eighth session (CSW68) - General discussion (continued)

[borngeniusworld]

Institute of Professional Banking (IPB India)

Branches IPB Partners Subhas Yadav @The Best Career Coach Award by IPB Head Office Success Stories Akanshi Singh (Ballia, Uttar Pradesh) Bandhan Bank Pragati Singh (Mau, Uttar Pradesh) HDFC Bank Khushali Gujrati (Varanasi, Uttar Pradesh) HDFC BANK Riya Gupta (Varanasi, Uttar Pradesh) Bandhan Bank Akansha Singh (Mau, Uttar Pradesh) Bandhan Bank Himanshu Gupta (Varanasi, Uttar Pradesh)…

[dovetailcaptal]

The Role of Fund Accounting in Financial Advisory Services

Fund accounting plays an important role in the field of financial advising, where precision and clarity are critical. It goes beyond standard bookkeeping and assists in the management of money for both ordinary individuals and large institutions.

Fund accounting is a method that maintains track of all financial transactions in investments. This involves recording transactions, determining the value of assets, and compiling financial statements. Fund accounting is critical for financial advisers since it maintains all documents correct and up to date. This assists them in making sound judgments. Financial advisers must provide tailored advice to their customers. Fund accounting assists them in accomplishing this by providing a clear, real-time image of what is in a client's investment portfolio. This isn't just about

Fund accounting is even more crucial for large investors, known as qualified institutional investors. These astute investors demand that everything be precise and adhere to the regulations. Fund accounting ensures that QIIs receive reports on schedule and that they are proper. This enables individuals to make sound financial decisions and cope confidently with complex financial problems. The collaboration between fund accounting and financial advisory services is excellent. Financial advisers that employ precise and straightforward fund accounting may provide incredible benefit to their customers. This collaboration not only ensures that things operate smoothly, but it also improves the entire customer experience.

Finally, the role of fund accounting in financial advice services is critical. It's more than simply a powerful tool for managing money; it's the foundation that allows advisers to provide top-tier services to customers, whether they're individual investors or large institutional players. Embracing the precision and openness of fund accounting is a smart decision as the financial industry continues to grow and expand. It guarantees that financial advising services are not only relevant, but also extremely successful in helping customers through the complexity of an ever-changing financial world. The confluence of accurate fund accounting and intelligent financial advising services builds a strong foundation, allowing advisers to handle problems, capture opportunities, and ultimately contribute to their clients' long-term financial success.

[m1nxt]

The Indian trade finance market is expected to grow at a steady pace, with a CAGR of over 6% by 2027, as anticipated by Mordor Intelligence. Trade finance, also known as export finance, refers to the financial products and services that organisations use to facilitate global trade and commerce. It plays a vital role in providing funding to Indian business houses, and unlike traditional loan facilities, the rate of default in trade finance is minimal, as it is based on the debtor’s business strength and past record.

[dayofbanks]

 Strategies and Structures of Financial Institutions.

A financial sector comprises a set of institutions, instruments, and markets established in the context of a legal and regulatory framework. Financial institutions face challenges for gaining competitive advantage in the context of rapid changes in technological, economic, social, demographic, and regulatory environments. The deep transformation of the financial sector is witnessing can be attributed to a number of factors such as technology innovation, deregulation, worldwide consolidation and restructuring, deregulation, and changing demographic profiles. Information technology is the primary force that keeps the financial industry dynamic. The post-economic crisis ­witnessed a series of policy reforms initiated by regulatory authorities. The global technology trends in the financial industry indicate the relevance of next-generation remote banking solutions, business intelligence, and analytics in transaction monitoring. Financial institutions face much complexity in the types of risks they have to manage. The trends indicate the growing significance of the emerging Asia market, consisting of China, India, and ASEAN countries for growth opportunities in the financial services industry.

Learn more about Strategies and Structures of Financial Institutions related to the publication - Strategies of Banks and Other Financial Institutions: Theories and Cases.

[sirrista]

Tech-enabled Financial Services Solutions in Asia

As a leading provider of tech-enabled financial services solutions in Asia, Sirrista empowers financial institutions with comprehensive expertise, tailored solutions, cutting-edge technologies, seamless integration, regulatory compliance, and ongoing support. By partnering with us, financial institutions can navigate the complexities of digital transformation, achieve financial transformation, and deliver enhanced customer experiences.

[reasonsforhope]

Federal regulators on Tuesday [April 23, 2024] enacted a nationwide ban on new noncompete agreements, which keep millions of Americans — from minimum-wage earners to CEOs — from switching jobs within their industries.

The Federal Trade Commission on Tuesday afternoon voted 3-to-2 to approve the new rule, which will ban noncompetes for all workers when the regulations take effect in 120 days [So, the ban starts in early September, 2024!]. For senior executives, existing noncompetes can remain in force. For all other employees, existing noncompetes are not enforceable.

[That's right: if you're currently under a noncompete agreement, it's completely invalid as of September 2024! You're free!!]

The antitrust and consumer protection agency heard from thousands of people who said they had been harmed by noncompetes, illustrating how the agreements are "robbing people of their economic liberty," FTC Chair Lina Khan said. 

The FTC commissioners voted along party lines, with its two Republicans arguing the agency lacked the jurisdiction to enact the rule and that such moves should be made in Congress...

Why it matters

The new rule could impact tens of millions of workers, said Heidi Shierholz, a labor economist and president of the Economic Policy Institute, a left-leaning think tank. 

"For nonunion workers, the only leverage they have is their ability to quit their job," Shierholz told CBS MoneyWatch. "Noncompetes don't just stop you from taking a job — they stop you from starting your own business."

Since proposing the new rule, the FTC has received more than 26,000 public comments on the regulations. The final rule adopted "would generally prevent most employers from using noncompete clauses," the FTC said in a statement.

The agency's action comes more than two years after President Biden directed the agency to "curtail the unfair use" of noncompetes, under which employees effectively sign away future work opportunities in their industry as a condition of keeping their current job. The president's executive order urged the FTC to target such labor restrictions and others that improperly constrain employees from seeking work.

"The freedom to change jobs is core to economic liberty and to a competitive, thriving economy," Khan said in a statement making the case for axing noncompetes. "Noncompetes block workers from freely switching jobs, depriving them of higher wages and better working conditions, and depriving businesses of a talent pool that they need to build and expand."

Real-life consequences

In laying out its rationale for banishing noncompetes from the labor landscape, the FTC offered real-life examples of how the agreements can hurt workers.

In one case, a single father earned about $11 an hour as a security guard for a Florida firm, but resigned a few weeks after taking the job when his child care fell through. Months later, he took a job as a security guard at a bank, making nearly $15 an hour. But the bank terminated his employment after receiving a letter from the man's prior employer stating he had signed a two-year noncompete.

In another example, a factory manager at a textile company saw his paycheck dry up after the 2008 financial crisis. A rival textile company offered him a better job and a big raise, but his noncompete blocked him from taking it, according to the FTC. A subsequent legal battle took three years, wiping out his savings. 

-via CBS Moneywatch, April 24, 2024

--

Note:

A lot of people think that noncompete agreements are only a white-collar issue, but they absolutely affect blue-collar workers too, as you can see from the security guard anecdote.

In fact, one in six food and service workers are bound by noncompete agreements. That's right - one in six food workers can't leave Burger King to work for Wendy's [hypothetical example], in the name of "trade secrets." (x, x, x)

Noncompete agreements also restrict workers in industries from tech and video games to neighborhood yoga studios. "The White House estimates that tens of millions of workers are subject to noncompete agreements, even in states like California where they're banned." (x, x, x)

The FTC estimates that the ban will lead to "the creation of 8,500 new businesses annually, an average annual pay increase of $524 for workers, lower health care costs, and as many as 29,000 more patents each year for the next decade." (x)

Clearer explanation of noncompete agreements below the cut.

Noncompete agreements can restrict workers from leaving for a better job or starting their own business.

Noncompetes often effectively coerce workers into staying in jobs they want to leave, and even force them to leave a profession or relocate.

Noncompetes can prevent workers from accepting higher-paying jobs, and even curtail the pay of workers not subject to them directly.

Of the more than 26,000 comments received by the FTC, more than 25,000 supported banning noncompetes. 

[filespost]

LedgerX Raplaces Troubled Silvergate With Signature Bank (Report)

LedgerX – cryptocurrency derivatives exchange and a subsidiary of the collapsed giant FTX – will reportedly cease its partnership with Silvergate Bank.

It urged users to receive wire transfers via the New York-based Signature Bank.

Switching to Another Partner

According to a Bloomberg coverage, LedgerX differentiated itself from the embattled financial institution focused on cryptocurrencies – Silvergate Bank. It advised customers to refrain from using it to receive domestic wire transfers from March 1.

LedgerX will double down on its existing partnership with Signature Bank, telling clients to employ the latter for such services.

Signature Bank said it will reduce its exposure to the cryptocurrency industry at the end of 2022 but not scrap it entirely. It ceased conducting fiat-to-crypto transactions worth less than $100,000 for Binance earlier this year.

Link Article https://bit.ly/3KPFTTg

[tarotwithavi]

Jupiter and where you will meet your future spouse

Jupiter signifies husband in a woman's chart.

This is not certain as we have to consider other aspects too.

For entertainment purposes only

Jupiter in Aries/1st house : They may be similar to you in some sense, may have the same upbringing. They may be atheletic, go gotter and active. They may come up to you, you may bump into them or you may meet them when you will be standing up for yourself and doing something for yourself. You can also meet them at a sports event, competitive events etc.

Jupiter in Taurus/ 2nd house : They can be highly stable and very calm and mature. They will be the shoulder you can lean on anytime. You guys can meet them in a restraunt, a really luxurious place or art galary. You can also meet them a financial institution like bank or something related to finance, art or culture.

Jupiter in Gemini/3rd house : They can be very chatty and intelligent. You can meet them through your siblings/friends or while on short trips. They can have a close relationship with their siblings. You can meet them when you will be engaged in activities such as public speaking, writng, local communities,coffee shop etc. They can also be your neighbour.

Jupiter in Cancer/ 4th house : One thing with this placement is that they will be like a parent to you. very caring and family oriented. You guys can meet them through maternal figure, either your mother or their mother. You can also meet them in a home enviroment. They can also be a homebody.

Jupiter in Leo/5th house : They can be popular and attract a lot of attention. You can meet them through a celebration like a birthday party, wedding ceremony etc. You can also meet them in movie theater, concert, an event. You will most likely meet them in summertime or in daylight. They can be extroverted and they seem to have nice hair.

Jupiter in Virgo/6th house : They can be health consious or they take good care of themselves and the way they look. They will be helpful and will offer to help in evertything they can. You can meet them through work, in school, in gym or even in hospital. Acts of service can be their love language.

Jupiter in libra/7th house : They can be highly social and can have a bigger social circle. They can be a businessman, salesman or might be woking in marketing. There will be equal give and take in the relationship. You can also meet them in councelling sessions, collaborative events, art exibitions etc. You can also meet them through mutual friends.

Jupiter in Scorpio/8th house : You will meet them when you will be going through an intense transformation. You may also be going through some kind of loss. You can also meet them through reseach and investigation work. spiritual place, occult, nightclub, money and inheritance related matters etc. You can also meet them while getting therapy.

Jupiter in Sagittarius/9th house : You can meet them in collage, educational institute, spiritual place or when you will be getting higher education. They will be highly educated and will act as a teacher or they will be teaching you a lot of things. You can also meet them in foreign lands or in long distance travel. They can be a teacher, professor, guide etc.

Jupiter in Capricorn/10th house : Okay so this placement can signify a arranged marriage or marriage of convinienve. You can meet them in an arranged setting. You can meet them through your father or they can be your boss. This placement also signifies an marriage that is considered ideal. In most cases the couple can work together or have a business together.

Jupiter in Aquarius/11th house : You can meet them through dating apps, social media, social event, charity event. You can also meet them through someone like an old friend. They can also be your best friend. Most people with this placement can get an unconvemtional spouse. They can have really unique personality or can be a rebel. You can meet them after 30.

Jupiter in Pisces/12th house : You can meet them in faraway lands. However this placement can create some kind of illusion, you may put them on a pedestal or you will meet a lot of people who you think are your fs. They can be into music or can be a musician. You may also get dreams about them. You can also meet them at a spritual place.