In a significant move to bolster regulatory oversight and curtail regulatory arbitrage, the Bangko Sentral ng Pilipinas (BSP) is scrutinizing lenders operating similarly to digital banks, potentially necessitating them to obtain digital banking licenses. This initiative, led by BSP Director for
In a significant move set to transform Mexico's digital payment landscape, Mexico City-based neobank Albo has announced a strategic partnership with issuer-processor Paymentology. This collaboration encompasses various initiatives aimed at expanding Albo's portfolio of digital payment
The wealth management industry is currently navigating a transformative period, grappling with systemic issues related to data management and technology integration, which are becoming major impediments to growth and operational efficiency within Australia's sector. According to a recent
In an era where digital transformation is reshaping industries, the utility sector is not left behind as it advances towards more efficient and modern operations. A recent partnership between FIS, a global payment processing giant, and Oracle, a prominent enterprise software provider, marks a
Facing the growing concerns of climate change and its potential impact on the financial sector, the Australian Prudential Regulation Authority (APRA) has announced ambitious plans to integrate climate risk into prudential standards by 2025. This decision is based on APRA's thorough analysis of
The 2024 Global Private Banking Awards have once again shined a spotlight on the leading institutions in the private banking sector, honoring their outstanding service, innovation, and strategic growth. This prestigious event has highlighted the achievements of banks that have established new
Imagine a world where banks not only respond instantly to financial queries but also anticipate your needs before you even voice them. Mbanq takes a significant stride toward this future with the introduction of Mbanq.AI, a suite of AI-driven enhancements integrated seamlessly into its core banking
The financial landscape is undergoing a seismic shift, driven by the rise of financial technology, or fintech, which is transforming traditional banking institutions in unprecedented ways. This transformation is compelling these institutions to adapt rapidly or face the risk of becoming obsolete.
Investment banking is a world unto itself, characterized by a unique lexicon that can seem impenetrable to outsiders. This specialized language not only facilitates precise communication but also fosters a sense of exclusivity and complexity within the industry. Understanding this jargon is crucial
The rise of digital wallets has been a game-changer in the financial landscape, and FusionIQ's new platform, FIQ Wallet, could be the next major leap. By enabling users to invest directly from their digital wallets, FusionIQ aims to simplify the investment process and eliminate the need to
