Automotive Finance Market: Coronavirus Pandemic: Short and long-term actions taken by Key Player? Fortune Business Insights

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Sep 21, 2020 (The Expresswire) —
The Global “Automotive Finance Market”is likely to grow in the coming years with impetus from strategic collaborations among companies from across the world. According to a report published by Fortune Business Insights, titled “Automotive Finance Market Size, Share and Global Trend by Loan Provider (OEMs, Banks, Financing institutions), Service Type (New vehicles, Used vehicles), Industry Verticals (Residential Use, Commercial Use, Government Use), and Geography Forecast till 2026,” the market is likely to expand in the coming years, driven by increasing demand for electric cars and adoption of e-commerce business platforms.

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Nissan Automotive’s Partnership with Auto Gravity to Favor Growth

In 2018, Nissan Motors announced that it has partnered with Auto Gravity, a financing company. The company announced that it aims at

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Beijing sees digital currencies as ‘new battlefield’ in global finance

The People’s Bank of China is placing a strong emphasis on the geopolitical stakes of the country’s central bank digital currency development.

An article published in the PBoC-run magazine China Finance this weekend argued that Beijing should “accelerate the pace [of CBDC development] to seize the first track” in the global race to issue fiat digital currencies.

The article stated that China should seize the advantage of becoming a first mover in the arena of digital currencies, which it characterized as the “new battlefield” of inter-state competition.

At stake, the article claimed, would be significant changes to the geopolitical status quo in international finance and an opportunity to break dollar hegemony and internationalize the yuan.

Moreover, data feedback from a PBoC-issued digital currency would be beneficial for national monetary policy, all the more crucial in a post-pandemic landscape fraught with economic challenges. 

The article outlined that, as of the end

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University subject profile: accounting and finance | Accounting and finance

What you’ll learn
Accountants are the backbone of the financial world: they are numerate, articulate, analytical and understand how companies work. An accountant’s advice can sway how bosses make important decisions. This sounds like a huge amount of responsibility – and it is – but a degree in this field can give you the skills, background knowledge and confidence to succeed. Remember, though, that it is possible to become an accountant without a degree.

Modules vary between universities, but most cover the same core topics: an introduction to the principles of finance, accounting and bookkeeping. Courses are also likely to cover statistical methods, business law, macroeconomics, and the basics on how organisations are structured. Optional modules might include taxation, pensions or public sector accounting.

Students will leave university with an understanding of accountancy practices, an awareness of how business or public sector organisations are run, and an ability to think

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SODIC subsidiary signs EGP 2.57 billion Medium Term Facility Package with Arab African International Bank to finance Villette Project

Cairo, Egypt: SOREAL For Real Estate Investment, SODIC’s fully owned subsidiary, announced today that it has signed a medium-term facility package in the amount of EGP 2.57 billion with Arab African International Bank under a developer finance scheme.

The facility is geared towards financing the development of SODIC’s signature project “Villette” in New Cairo including the construction and finishing of Villette’s sports club.

Launched in 2014 Villette is developed over 301 acres and is located in the most prime neighbourhood of New Cairo. SODIC has delivered circa 600 units, having begun delivery in the first phases in 2018. The project comprises single family homes as well as high end apartment buildings and is planned to boast a sports club designed at international standards to be run by SODIC’s own dedicated sports arm Club S.

Commenting on the signing Magued Sherif SODIC’s Managing Director said “Our strategic long-term relationship with AAIB

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With CFPB in ‘retreat,’ California eyes state consumer finance agency | Article

The state has begun reorganizing the agency that regulates its financial institutions and this week passed a bill that may grant the agency powers to protect state consumers similar to those wielded by the CFPB.

“Providers of financial products and services to California consumers should buckle their seatbelts. … The CCFPL will expand the DFPI’s jurisdiction to debt collectors and other previously unlicensed entities. The dual focus on consumer protection and innovation will draw the agency’s focus to fintechs.”

Nancy Thomas, Partner, Morrison & Foerster

California’s financial regulatory agency, the Department of Business Oversight (DBO), will be renamed the Department of Financial Protection and Innovation (DFPI) and may soon receive new enforcement responsibilities under the California Consumer Financial Protection Law (CCFPL), which passed the state legislature Monday.

The CCFPL bill (AB 1864) now awaits the signature of Newsom, who advocated for the new law and included additional

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Wilton finance board names Democrat to fill vacancy, shifting political majority

WILTON — A woman with a depth of experience in finance and accounting has been appointed to fill a vacancy on the Board of Finance.

Out of 13 applicants, the board unanimously voted

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Equitas Small Finance Bank encourages NRIs to save through special – News

We take this opportunity to wish all our NRI clients to stay safe and enjoy best returns on their hard-earned money. We would like them to join our Save India save campaign and make most out of their savings.”

Chennai — Equitas Small Finance Bank, a renowned and trusted microfinance lender operating under Equitas which was launched in 2007, continues to offer the best-in-class deposit product suite that sets it apart from others in terms of savings accounts, fixed deposits or recurring deposits, with lucrative interest rates.

Currently, the bank is running lucrative “Save India Save” campaign that aims to encourage NRIs and PIO customers to deposit their hard-earned money with a 7 per cent interest rate on balances above Rs1 lakh, and increased rates on higher balances. 

It offers full liquidity to investors at any point in time. Furthermore, the interest is credited to the bank account

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UAE’s Ministry of Finance Partners with Local Banks to Offer Digital and Contactless Payments for Settling Government Service Fees

The UAE’s Ministry of Finance will be working with the First Abu Dhabi Bank (FAB) in order to launch electronic or digital Dirham contactless payments cards for settling governmental service charges.

The eDirham has been set up as a system of digital channels that are capable of collecting local service fees and revenue for the federal government in the UAE through prepaid cards. The cards (Hala, Gold and Signature cards) have reportedly been issued with assistance from FAB and other local financial institutions.

The payit digital wallet, which is powered by FAB, has also teamed up the Middle Eastern nation’s Ministry of Finance to offer online payment options for settling governmental service charges, without requiring physical cards. The developers of the payit mobile wallet aim to offer secure and contactless payment options to locals. Customers can make instant eDirham payments for various services. The payment method will be supported at

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SEC Enforcement Trends: Accounting And Financial Disclosures – Finance and Banking

United States:

SEC Enforcement Trends: Accounting And Financial Disclosures

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In this episode of the LawWise podcast, Cadwalader
partner Kyle DeYoung is joined by Michael Maloney,
President of Credibility International and the former
Chief Accountant of the Division of Enforcement for the U.S.
Securities and Exchange Commission, to discuss what’s happening
on the SEC enforcement front as it relates to accounting and
financial disclosures.

Key discussion points include:

  • The impact of COVID-19 on financial disclosures

  • Heightened scrutiny into material nonpublic information

  • Enforcement investigation risks

  • Trends and expectations for the future

Subscribe to Cadwalader’s LawWise Podcast on Apple Podcasts, Spotify or Google for insights on a wide range of
topics, including

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Alternative Finance Market| Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic| Technavio

The global alternative finance market to register an incremental growth of USD 183.80 billion, witnessing a CAGR of almost 10% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the alternative finance market in optimistic, probable, and pessimistic forecast scenarios.

This press release features multimedia. View the full release here:

Technavio has announced its latest market research report titled Global Alternative Finance Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Alternative Finance Market 2020-2024 (Graphic: Business Wire)

Get detailed Insights Highlights on COVID-19 pandemic Crisis and Recovery analysis of alternative finance market. Download free report sample

The alternative finance market will witness a Negative and Inferior impact during the forecast period owing to the extensive rise of COVID-19 pandemic. Furthermore, as per Technavio’s pandemic-focused research highlights, the market growth is likely to Increase compared to 2019.

Alternative Finance Market 2020-2024: Vendor Analysis

The market is

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