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How Do Credit Cards Work

Ingenious evolution of the modern bankcard Every time a bank card is swiped data points are transferred, analysed and an authorisation decision is made within the blink of an eye. Within 300 milliseconds to be precise. Rajat Taneja, the president

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US Housing Crisis

Profits over people in US housing crisis Home ownership is a cornerstone of the American dream and a key step in building generational wealth. But that dream is being threatened by a perfect storm of contributing factors, including supply issues,

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I, Robot (Ninja): A Pioneer of the Autonomous Space

Robots are here to stay, making life easier in many sectors — and Fetch Robotics founder Melonee Wise has been there from the start… Melonee Wise is a self-proclaimed “robot ninja”, and the nickname has caught on. Wise is a

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Sri Lanka: Recovery, Redemption & Re-Birth

Ranil Wickremesinghe, Sri Lanka’s most resilient and experienced politician, was gifted his country’s presidency by his political opponents, just as his nation had been declared bankrupt. Although critics question his legitimacy to be Head of State as he lacks a

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Many a Titter about Twitter as Musk Bungles his Big Purchase

Dust off your shovels! Elon Musk has bought himself into a $44bn hole, and you’re expected to dig him out of it…. Since Elon Musk’s official takeover of Twitter on October 28, the social media platform has been suspended in

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The Long-term Growth of Sustainable Investing

In April 2013, the concrete roof of a dilapidated factory in a densely populated district of Dhaka, Bangladesh, housing thousands of mainly female garment workers, caved in. A total of 1,134 people were killed and more than 2,500 injured. The

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The Queen is Dead, Long Live the King: History and Heredity Endure in Britain

When Queen Victoria was invited to officially open the new town hall in Manchester in 1868, she agreed — on condition that the city’s civic leaders remove a statue of Oliver Cromwell. The traditionally radical city refused, and the Queen

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UN Chief: Countries Bound for COP27 Must Make Climate Action ‘The Top Global Priority’

As government representatives begin the finalize the agenda for the COP27 climate change conference in Egypt next month, for pre-COP planning in the Democratic Republic of the Congo capital, Kinshasa, Secretary-General António Guterres told journalists in New York that the work ahead is

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IFC on Climate Adaptation: It’s Everybody’s Business

By Louise Muth The impacts of the climate crisis are rapidly intensifying, as evidenced by this summer’s deadly heatwaves. Beyond slowing the pace of global warming, we must also protect our communities and adapt to living in a changing climate.

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IFC: Ukrainian Refugees Access Finance via New Digital Data Corridors

Virtual channels among international financial institutions help refugees verify credit histories and re-establish their careers in host countries As a psychologist, speech therapist, and owner of a therapy practice in Ukraine, Maryna Usenko helped children find their voice. But after

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