TrueProfile.io, a global career empowerment platform, has partnered with SB Finance, an affiliate of Security Bank, to offer affordable personal loans designed for Filipinos in the Philippines and overseas. This initiative is set to provide crucial financial assistance to skilled professionals seeking career growth, education, migration, and personal support. Why This Partnership Matters Many Filipino professionals, particularly Overseas Filipino Workers (OFWs), struggle to access financial support due to their residency status abroad. This collaboration aims to bridge that gap by offering: · Low-Interest Personal Loans: Rates start at 1.89%, making borrowing affordable. · Career Advancement Loans: Funding for certifications, training,…
Author: rahul sale
Stablecoins promise predictability in an unpredictable crypto market. Pegged to fiat currencies like the U.S. dollar, they are marketed as the safe harbor of digital assets. The recent regulatory scrutiny and shifting reserve compositions suggest that CFOs and finance leaders should look beyond the name. What’s Behind the Reserves? A stablecoin’s reliability hinges on its reserves. While issuers claim full backing with traditional assets, recent disclosures reveal a mix of commercial paper, secured loans, and other investments. This lack of transparency has triggered regulatory interventions, with the European Union’s Markets in Crypto-Assets Act (MiCA) forcing some issuers, like Tether, to…
Visa has disclosed its strategic partnership with four of Australia’s leading banks, ANZ, NAB, HSBC, and Westpac, to streamline business-to-business (B2B) payments. The collaboration aims to modernize payment processes by launching Visa B2B Integrated Payments (VBIP) in Australia. Simplifying Payments with Automation VBIP, embedded into the SAP Business Technology Platform, enables businesses to automate payment processes, reducing the need for manual reconciliation. This innovation enhances operational efficiency, giving finance and admin teams more time to focus on strategic growth. “This solution allows businesses to route payments seamlessly, even to suppliers that don’t accept card payments,” Visa stated in a press…
Hey there! Today, we’re going to talk about something really important for businesses: financial forecasting. Don’t worry if that sounds complicated – we’ll break it down so it’s super easy to understand! What is Financial Forecasting? Imagine you’re planning a big lemonade stand. Before you start, you’d probably try to guess how many cups you might sell and how much money you could make. That’s kind of like financial forecasting, but for bigger businesses! Financial forecasting is when a company tries to predict how much money it will make and spend in the future. It’s like having a crystal ball…