The landscape of credit assessment and reporting is undergoing a significant transformation. Major U.S. credit bureaus—Experian, Equifax, and TransUnion—are increasingly integrating alternative risk data into their credit assessment models. This shift aims to provide a more comprehensive evaluation
Singapore has taken a significant step in the fight against financial scams with the enactment of the Protection from Scams Bill. This new legislation, passed on January 7, 2025, grants police the authority to freeze bank accounts of individuals suspected of falling victim to scams. The move comes
The future of payments technology presents an immense opportunity for startups to revolutionize how we pay for goods and services. This space has long been a fertile ground for disruptors to innovate and make their mark, as evidenced by key players like PayPal in payment systems, Monzo in
In a significant development for the banking industry, JPMorgan Chase has predicted a mid-teens percentage rise in investment banking fees for the first quarter. This upbeat outlook comes as clients display increasing optimism about the economic environment, according to Chief Operating Officer
Lombard Odier has once again demonstrated its leadership in the wealth management and private banking sectors by securing multiple accolades at the WealthBriefing Swiss Awards 2025. This commendation marks the eleventh consecutive year that Lombard Odier has been honored, reinforcing the
The African tech ecosystem is experiencing a significant transformation, driven by innovative fintech solutions. Among the key players in this revolution is Raenest, a Nigerian startup that has garnered attention for its groundbreaking approach to international payments for freelancers and
In the digital age, urgent financial needs can strike at any moment, and traditional banking methods may not provide the swift assistance required. The introduction of mobile loan services in Kenya has revolutionized accessibility to quick loans. With minimal requirements compared to conventional
Recent developments in the world of fintech have seen Fiserv making substantial strides in the field of embedded finance, with notable initiatives that highlight the company's drive for innovation and market leadership. At the heart of these initiatives is Fiserv's recent partnership with DoorDash,
In recent developments in the foreign exchange market, the AUD/USD, EUR/JPY, and USD/JPY currency pairs have shown signs of recovering from their recent lows sparked by global market fluctuations and political influences. AUD/USD Recovery The Australian Dollar (AUD) against the US Dollar (USD) has
Canada is facing a significant economic dilemma. The country must decide whether to address transnational organized crime and money laundering to avoid 25% tariffs threatened by the United States. This decision could have profound economic consequences, potentially leading to a downturn similar to
