Archive for November, 2009

The Conference Board Leading Economic Index for the U.S. increases again in October 2009

Indicators Point to Slow Growth Through First Half of 2010 The Conference Board Leading Economic Index(TM) (LEI) for the U.S. increased 0.3 percent in October, following a 1.0 percent gain in September, and a 0.4 percent rise in August. Says Ataman Ozyildirim, Economist at The Conference Board: “After half a year of consecutive increases, the [...]

Integration Point 10+2 helps importers meet requirements as structured review period ends

Compliance enforcement for the Importer Security Filing (or 10+2) begins on January 26, 2010. With only 2 months left to meet compliance requirements, many U.S. importers are still questioning if they will be ready. As importers struggle to compile the necessary information and submit documentation within the stated 24-hour timeframe, U.S. Customs & Border Protection [...]

New report finds four forces will shape the future of mobile banking

Governments, industry can make choices to increase financial inclusion in the next decade The growing use of branchless banking, including mobile phone banking, is inevitable in most countries. But it’s far less certain whether large numbers of the unbanked poor will use these alternative channels for financial services beyond payments, such as savings and credit. [...]

Latin America poised to recover from Crisis faster than U.S.

Latin America has the tools to recover quickly from the current financial crisis due to its stable and well-capitalized banking sector, while it will take the United States more time mainly because of high unemployment and low levels of consumer confidence, experts said during the 43rd Annual Assembly of the Latin American Federation of Banks [...]