As the banking sector forges ahead with digital transformation, it is increasingly becoming a prime target for sophisticated cybercriminals. The stakes are high as these institutions grapple with protecting not just colossal financial assets but also sensitive customer data. In an era where digital
The financial technology sector is witnessing a game-changing innovation with VoPay's latest offering, the TXB platform. Designed to modernize transaction banking, TXB meets the urgent needs of businesses for swift, adaptive, and efficient management solutions. Before VoPay rolls it out to their
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 innovation is currency, the financial sector is not left behind. The news is abuzz with one such stride in the banking industry — the integration of Mbanq into the Banking-as-a-Service (BaaS) Association. This move represents more than just an addition to a list of names; it's a
In a significant security incident, Santander Bank fell victim to a hefty cyberattack conducted by the notorious hacking group ShinyHunters. This event unfolded in May, coinciding with another targeted attack on Ticketmaster. Millions of customers and employees of Santander Bank were affected as
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
