The payments industry is undergoing a rapid transformation, driven by technological advancements, regulatory changes, and evolving consumer expectations. By 2025, the landscape of payments will be significantly different, with new trends and innovations shaping the way transactions are conducted.
MicroStrategy Incorporated (NASDAQ:MSTR) has undergone a remarkable transformation from a business intelligence software company to a significant player in the cryptocurrency market. This shift, primarily driven by its extensive Bitcoin holdings, has resulted in exceptional volatility and
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has been granted new investigative and information-gathering powers under the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (Cth) (the AML/CTF Act). These changes, effective January 7, 2025, significantly
In a remarkable achievement, People's Bank of Sri Lanka has secured twelve prestigious titles at the Global Business Review Magazine Awards 2024, marking the third consecutive year of recognition. The Global Business Review Magazine Awards celebrate excellence in performance, innovation, and
In an increasingly digital world, the financial services industry faces a significant transformation driven by evolving consumer expectations and relentless competition from new digital-first entrants. Customers are demanding banking services that are as seamless and user-friendly as their favorite
The fintech industry is a dynamic sector that combines finance and technology to revolutionize how individuals and businesses manage their finances and set new standards for customer expectations through groundbreaking technologies like blockchain, artificial intelligence (AI), and mobile payments.
The recent enforcement action against Bank of America by the Office of the Comptroller of the Currency (OCC) highlights the significant regulatory pressures financial institutions face in ensuring robust Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance. The OCC's
The TD Cowen Global Best Ideas for 2025 report provides a thorough analysis predicting the potential impacts of Trump's policies on various sectors and regions. With insights from both their Strategy team and the Washington Research Group, the report comprehensively covers topics such as the
Bank of America (NYSE: BAC) stands as one of the most prominent financial institutions in the United States, with a rich history of resilience and adaptability. From its Depression-era roots in San Francisco, it has grown to become the second-largest bank in the US by asset size, trailing only JP
The banking sector has long been associated with significant environmental impacts, from the energy consumption of physical branches to the paper waste generated by traditional banking practices. However, the rise of digital banks presents a promising shift towards more sustainable financial
