Lloyds Banking Group, a major British banking entity, has announced the closure of 136 branches across its network, including Lloyds Bank, Halifax, and the Bank of Scotland. Scheduled to take place between May 2025 and March 2026, the closures will impact locations in major cities such as Bristol,
Cross-border payments have long been a challenge globally, but in Africa, the issues are particularly pronounced. Fragmented systems, high transaction fees, and poor financial infrastructure make it difficult for individuals and businesses to transfer money efficiently. In Francophone Africa, these
Recent changes at Citi have sparked significant discussion within the financial sector, primarily due to the departure of Ida Liu, the global head of Citi’s private bank. This organizational shift has led to the elimination of Liu's role and the restructuring of private banking leadership across
The evolving landscape of bank-fintech partnerships within the embedded finance industry has experienced increased regulatory scrutiny in recent years, introducing significant ramifications for 2025 and beyond as the industry adapts to new compliance standards and risk management practices. The
Hong Kong has recently garnered significant interest from European fintech firms looking to establish a foothold in Asia, as highlighted by the city's Financial Secretary, Paul Chan Mo-po. Chan underscored this development during his recent trip to the World Economic Forum (WEF) in Davos,
Open banking APIs have become a cornerstone of modern financial services, enabling seamless integration between banks and third-party providers (TPPs). These integrations not only facilitate a more connected financial ecosystem but also boost customer experience by enabling a variety of new
The Betashares Financial Opportunity Index has recently unearthed significant potential for financial advisory services in regional and rural parts of Australia. By surveying 52,000 households across the nation, the index assessed investment capacity and highlighted areas such as Dayboro in
Boost, a notable regional fintech player, concluded 2024 with impressive accomplishments, highlighting its transition towards becoming a regional digital banking group. This article aims to provide an extensive summary of Boost's progress and strategies, capturing the nuances, key points, and
The asset management sector has faced numerous challenges over the past few years, including geopolitical tensions, climate change, and social unrest. Despite these hurdles, there is cautious optimism as inflation begins to decelerate, hinting at more stable economic conditions. Several trends are
Payment technology is revolutionizing the experience of online casino players, particularly in Australia. The evolution of these technologies ensures that players can deposit and withdraw funds with speed, security, and ease, significantly enhancing their overall gaming journey. This transformative
