Bandhan began as a small economic non-profit in West Bengal, India. Its mission: alleviate poverty. Its founders believed that the best way to accomplish this mission would be to open up avenues of economical empowerment to disadvantaged women. This way, they reasoned, these women would not only lift themselves up out of poverty, but would also become engines of economic growth within their communities. By assuring the prosperity of families and communities, Bandhan’s vision for systemic economic improvement would become a reality.
Is Fintech Opening The Financial Markets up to Risk?
The Financial Stability Review (SFR) this year saw the Central Bank Monetary Authority of Singapore (MAS) highlight potential consequences of fintech innovations. Known as a country with lenient regulations and strong support from its government, Singapore has fast become a fintech pioneer. But while these innovations have been flourishing in Singapore, just like it has in other developed and developing countries across the globe, it’s important to consider both the positive and negative aspects of the movement.
Because of the significant role played by the settlement department in any big company, it is vital that it is given the support required to maintain the company’s credit rating, risk rating, solvency and cash flow. Through technological advances, corporate tasks are being improved and made faster and easier.
Can you imagine spending $10,000 for a folding plywood screen? How about $66,000 for a sofa? Or $2,500 for a single pretzel chair? These prices seem outrageous but the designs of Eames, Nelson and Nakashima fetched this and even more. And, now, like all great inventions, these designs have made a return. They are taking their place as the latest obsession in interior and product design, featuring in furniture showrooms, evident in new-old television set design, and attracting many aesthetically aware consumers.