In Nigeria, a burgeoning financial challenge known as 'mis-banking' looms large over its burgeoning economy. Coined by Damola Giwa, the Managing Director for Digital Banking at ARM Group, at the Business Day C-Suite Executives Roundtable Dinner, it signifies the dissonance between the
In Europe's bustling financial sector, the concept of hyper-personalization is driving a transformative narrative within digital banking. It's the art of meticulously crafting banking experiences that intimately match the specific preferences, behaviors, and requirements of each customer.
In a significant move to consolidate its position as a leader in the Islamic banking sector, Meethaq Islamic Bank has taken a definitive leap towards the future of finance. Meethaq, an eminent extension of Bank Muscat, has not just adopted a new banking system; it has embraced a digital revolution
In an era where financial forecasts can seem as volatile as the weather, one prediction is becoming increasingly clear: high-interest rates may be with us for longer than originally anticipated. Scotiabank, a major financial player, has echoed this sentiment, suggesting that the persisting high
The onset of the digital age has significantly altered the landscape of consumer banking, with a seismic shift in customer expectations toward a digital-first approach. No longer confined to the four walls of a brick-and-mortar bank, financial interactions are increasingly conducted through a
The financial technology sector is witnessing a pivotal transformation with the announcement of the acquisition of Irish digital banking company CR2 by Hightech Payment Systems (HPS), the Moroccan leader in payment software solutions. CR2, which surged into the spotlight during FinovateFall 2014 in
FintechOS, a trailblazing financial product management platform, has recently announced a significant milestone in its growth trajectory – a successful $60 million Series B+ funding round. The round witnessed substantial contributions from renowned investors such as Molten Ventures, Cipio Partners,
The Education Department announced significant increases in federal student loan interest rates for the 2024-25 academic year, bringing a considerable financial challenge to the forefront. Incoming and current college students, many of whom rely heavily on these loans, are faced with a historic
In the rapidly evolving world of banking and financial services, the digital divide stands as a significant barrier to economic equity and financial inclusion. The chasm between those who can navigate and utilize digital financial tools and those who are marginalized because of insufficient access
Introduction: AI tools are increasingly becoming essential in financial operations for detecting fraudulent activities and providing accurate financial forecasts. In an era where digital transactions are the norm, these applications are paramount for maintaining security and achieving strategic
