July 4, 2025

Emerging Markets

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World Bank’s IFC ramps up investment amid global uncertainty

  • July 3, 2025

IFC managing director Makhtar Diop said many investors are showing interest in opportunities within emerging countries. (EPA Images pic) WASHINGTON: While the world economy faces instability from US President Donald Trump’s threats of a global trade war, the International Finance Corporation (IFC) is dramatically ramping up its investment activities. The Washington-based IFC – the World

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Banking

Latin American fintech Prometeo launches ‘borderless banking’

  • March 14, 2025

Prometeo, a Latin American fintech, has launched what it calls “borderless banking” for business-to-business payments between the U.S. and Latin American countries.  According to the company, Prometeo has developed middleware that integrates U.S. and Latin American financial infrastructures through a single application programming interface.  Users can access local accounts to receive payments, automate collections, and

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