Ripple, a prominent player in the cryptocurrency industry, has embarked on a groundbreaking venture by applying for a national banking license in the United States. This move is more than just a regulatory stride; it marks a pivotal change in how digital assets intertwine with the traditional
In a significant shift in Malaysia's fiscal landscape, an 8% service tax on specific financial services offered by banks will soon be implemented beginning 1 July. This move is part of a broader expansion of the Malaysian sales and service tax that was introduced under the country's Budget 2024
A growing concern has emerged in rural areas, where banking access is gradually diminishing, leaving residents increasingly isolated from essential financial services. North Shropshire MP Helen Morgan has been vocal about these challenges, particularly in her constituency. Amid these pressing
In an era where digital banking is pivotal to everyday financial transactions, HDFC Bank and Axis Bank have announced a temporary suspension of their digital services due to scheduled maintenance. This significant move is aimed at enhancing the performance, reliability, and security of their
Canadian banks have increasingly turned their attention toward Ireland, leveraging the country's advantages to expand their operations within the European Union (EU) and beyond. The focus has shifted remarkably following the United Kingdom's decision to leave the EU, creating significant changes in
In today's rapidly evolving financial landscape, businesses are increasingly seeking innovative solutions to stay competitive and meet consumer demands. Banking as a Service (BaaS) has emerged as a transformative model, revolutionizing how financial products reach both individual consumers and
