The Bangko Sentral ng Pilipinas (BSP) has introduced a proposal for rule changes concerning pawnshops, aiming to expand the range of services they can offer, including roles such as money changers and gold traders. This initiative includes amendments to the Manual of Regulations for Nonbank
In a strategic financial move, Abel Avellan, Chairman and CEO of AST SpaceMobile, Inc., entered into a variable prepaid forward contract on November 20, 2024. This transaction, conducted through a wholly-owned special purpose vehicle (SPV) and with an unaffiliated dealer, represents approximately
In a bold move to address the growing concerns over Google's monopolistic practices, the U.S. Department of Justice (DOJ) has put forward several stringent recommendations aimed at breaking up the tech giant's dominant position in the search engine market. These proposals, outlined in a
The anticipation surrounding Nvidia’s upcoming Q3 earnings report has captured the attention of investors and analysts alike. As a major player in the tech sector, Nvidia’s performance is expected to significantly influence the Nasdaq 100 index. This article delves into the various factors at play,
In a bold move to modernize its self-service banking network, NatWest Group has announced an expanded collaboration with NCR Atleos to overhaul over 5,500 ATMs and multifunction devices. This initiative underscores NatWest Group's commitment to enhancing customer experience and operational
The persistence of financial crime enforcement by U.S. banking regulators continues to be a significant aspect of the financial landscape. Regardless of political shifts, particularly during the Trump administration's period of deregulation, the commitment to combating financial crimes such as
The re-election of Donald Trump has set the stage for significant changes in U.S. banking regulation. With a focus on business-friendly policies, the financial sector is poised for a shift that could impact traditional banks, fintech companies, and regulatory bodies like the Consumer Financial
In the rapidly evolving world of financial technology, banks are increasingly under pressure to streamline operations and enhance client experiences. One significant area ripe for transformation is corporate client onboarding. This process, traditionally bogged down by inefficiencies and
In the rapidly evolving landscape of fintech and Banking-as-a-Service (BaaS), regulatory compliance has never been more crucial. The recent partnership between Treasury Prime and FS Vector aims to address this need head-on. Treasury Prime, a major player in embedded banking software, has teamed up
Embarking on a micro-retirement can be a transformative experience, offering a chance to recharge and realign your life goals. Unlike full retirement, micro-retirement entails an intentional break from your career with a plan to return to work after a set period. This concept provides new
