The retail banking sector is undergoing a profound transformation driven by digital innovation, a trend that the COVID-19 pandemic has hastened by dramatically heightening customer expectations. Financial institutions increasingly see digital transformation not just as an option but as a strategic
On Thursday, the share price of Commercial International Bank (Egypt) S.A.E. (LON:CBKD) witnessed a slight dip, declining by 0.6% to close at GBX 1.68 ($0.02) after trading as low as GBX 1.68 during the session. This decline marks a minor decrease from the previous session's closing price of
Wealthsimple, a leading fintech platform, recently marked its 10th anniversary by achieving an impressive milestone: reaching profitability for the first time. The company began its journey as a robo-advisor but has since evolved to offer a diverse array of investment and banking services aimed at
The completion of the initial phase of FCMB Group Plc's capital raise has been met with commendations from the group’s CEO, Ladi Balogun. He took the opportunity to thank key financial regulators and the Nigerian Exchange Group (NGX Group) for their crucial support in the process. The capital r
The landscape of FinTech is constantly evolving, driven by technological advancements and changing regulatory frameworks. Key players like Ingo Payments and Mastercard are crafting strategies to navigate this dynamic environment. This article delves into their approaches to Banking as a Service
GoCardless, a trailblazing company in the digital payments space, has been at the forefront of revolutionizing bank payments since its inception. Founded 13 years ago by Hiroki Takeuchi and his team, the company set out with an ambitious goal: to make bank payments simpler and more affordable for
Living abroad can be an exciting and enriching experience for many Americans, bringing the opportunity to explore new cultures and places. However, managing finances in a foreign country introduces a level of complexity and challenge that can be daunting. From navigating the intricacies of tax
Navigating the labyrinth of US financial regulations can be a daunting task for non-US financial institutions. With the growing reach of these regulations globally, institutions must now, more than ever, align their practices with US standards to avoid severe penalties and disruptions. This guide
PortX recently revealed a significant advancement in financial technology integration through their collaboration with Fiserv’s AppMarket. This partnership introduces the FinTech Hub, an innovative solution aimed at improving the connectivity and operational efficiency of financial institutions. T
The global financial landscape has evolved significantly since the Global Financial Crisis (GFC) of 2007-2008, leading to the proliferation of non-bank financial intermediaries, collectively referred to as "shadow banks." As regulations tightened around traditional banks, these shadow
