The burgeoning fintech sector in Southeast Asia is set for groundbreaking transformations with the strategic alliance of Mbanq and Cambodian FinTech stalwart, IG Tech. This partnership heralds the formation of IG Finlink Cambodia, a joint venture that aspires to redefine the Banking-as-a-Service
Barclays, a notable investment bank, has recently revised its price target for Paycom Software, Inc. (NYSE: PAYC), reducing it from $184.00 to $161.00. This adjustment represents a tempered outlook on the cloud-based human capital management (HCM) solutions provider, indicating a cautious approach
Greek Banks Aim for €10 Billion Loan Expansion Despite Rate Cuts As Greek banks navigate the challenges of a reduced interest rate imposed by the European Central Bank (ECB), their strategic goals now notably include a robust expansion of their loan portfolios to sustain profitability. Despite the
The ongoing digital transformation is significantly reshaping the financial sector, affecting how banks and financial institutions operate, interact with customers, and deliver services. By integrating advanced technologies and meeting the rising demand for digital banking, financial institutions
The fintech landscape has been marked by relentless innovation and transformation, with new solutions continuously redefining traditional banking operations. Among the frontrunners in this dynamic field is Kinective, a company that has garnered significant attention through its award-winning
The financial services industry is undergoing a significant transformation driven by technological advancements, evolving customer expectations, and changing regulatory landscapes. Central to this transformation is the evolving relationship between fintechs and traditional banks. Once seen as
As the financial world gears up for significant developments, investors and market watchers are keenly observing a series of important quarterly reports and economic indicators. From earnings reports of major financial institutions like Bank of America, Morgan Stanley, Charles Schwab, PNC Financial
The digital transformation of the banking industry has brought significant advantages but also opened the door to new cybersecurity threats. As cybercriminals become more sophisticated, bank executives must prioritize Attack Surface Management (ASM) to safeguard their institutions. This article
U.S. Bank is making strategic moves to bolster its capital markets and wealth businesses, aiming for significant growth in these areas. Following an investor day in September, the bank faced skepticism from analysts regarding its growth projections. Stephen Philipson, head of wealth, corporate,
Financial institutions face a myriad of risks daily, but among the most challenging are tail risks—those rare but potentially catastrophic events that can significantly disrupt global financial stability. These tail risks, often underestimated due to cognitive biases, require a proactive and
