Category Archives: Digital Banking

Gulfnews published views of Mirza Ashraf Beg.

Mirza Ashraf Beg, Founder and CEO of Money Protects, said 2022 was the time for unicorns to emerge and flour- ish in the region, and especially in the UAE. “One of the key reasons to support the start-up initiatives is the UAE’s growth, which
is expected to be more than 4.5 per cent in 2022, and is on an upswing. This allows the country to hold enormous potential in future for all sectors.”

Great evening with Mr. Priyavrata Mafatlal Vice-Chairman at Arvind Mafatlal Group.

https://www.linkedin.com/posts/moneyprotects_startupsaturday-startupme-achieverati-activity-6944717555202699265-EXrO?utm_source=linkedin_share&utm_medium=ios_app

Great evening with Mr. Priyavrata Mafatlal Vice-Chairman at Arvind Mafatlal Group, thanks for his inspirational talk on fifth generation corporate experiences and innovative challenges.
Delighted to be part of Startup Saturdays from Startup ME, an idea of Siby Sudhakaran Sec. General IBPC.
Impressive startups journey briefs.
Thanks everyone related.

Financial Freedom

Financial Freedom

The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market

The 30-year fixed-rate mortgage averaged 5.27% for the week ending May 5, according to data released by Freddie Mac FMCC, -0.46% on Thursday. That’s up 17 basis points from the previous week — one basis point is equal to one hundredth of a percentage point, or 1% of 1%

https://www.marketwatch.com/story/the-pandemic-boom-in-home-sales-is-over-mortgage-rates-soar-to-highest-level-since-2009-as-the-fed-pressures-the-housing-market-11651760108?link=sfmw_fb&fbclid=IwAR14JE4G-PIvrSuqUXZFYxstOPGt3e9-bcVJhCZMwq58qx8b-fawz1TCp_o

Record-high inflation could mean a bigger Social Security cost-of-living adjustment in 2023

Social Security beneficiaries started 2022 with a 5.9% cost-of-living adjustment to their monthly checks, the highest increase in about 40 years.

But as inflation climbs with each month, the buying power of those benefit increases has diminished.

The Consumer Price Index for all Urban Consumers, or CPI-U, rose 8.5% from a year ago, according to March data released by the U.S. Bureau of Labor Statistics on Tuesday.

https://www.cnbc.com/2022/04/12/inflation-could-mean-a-big-social-security-cost-of-living-adjustment-in-2023.html

‘Was That It?’: Bearish Psyche Versus Right Tail Risk

It could be an afterthought by the end of the week depending on how patient rates are with what was almost guaranteed to be yet another scorching …

‘Was That It?’: Bearish Psyche Versus Right Tail Risk