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Embedded Finance Key to Credit Unions' Digital Transformation
Trends & Future Embedded Finance Key to Credit Unions' Digital Transformation

In a rapidly evolving digital age, financial institutions such as credit unions and community banks are tasked with redefining their strategies to stay relevant and competitive. The integration of embedded finance and real-time technology plays a pivotal role in this transformation. These

Are Bank Closures Leaving Regional Australia Behind?
Trends & Future Are Bank Closures Leaving Regional Australia Behind?

The shift toward a digital economy has brought about significant changes in the banking sector, with an increasing number of financial institutions closing their physical branches in favor of online services. This trend, while leading to enhanced technological efficiency, poses a challenge to

Kotak Bank Plans Digital Downtime for System Maintenance
Trends & Future Kotak Bank Plans Digital Downtime for System Maintenance

In an era where digital banking is an essential part of everyday life, Kotak Mahindra Bank is taking proactive steps to ensure its systems' efficiency and security. Customers of Kotak Mahindra Bank are being notified of a temporary suspension of some digital services, including internet banking,

Natech Integrates AI to Transform Banking Operations
Trends & Future Natech Integrates AI to Transform Banking Operations

In today's rapidly evolving digital landscape, banks face increasing pressure to adapt and enhance their operations to meet customer expectations and regulatory demands. Natech Banking Solutions is pushing the boundaries of innovation by integrating artificial intelligence into its software to

Mobile Money's Global Impact: Transforming Access to Finance
Trends & Future Mobile Money's Global Impact: Transforming Access to Finance

In the bustling arena of technology-led economic transformation, mobile money stands as a formidable force, reshaping access to financial services worldwide. Its inception stems from the need to cater to individuals in regions lacking access to traditional banking infrastructure. Mobile money

How Will Malaysia's New Service Tax Affect Banking Fees?
Trends & Future How Will Malaysia's New Service Tax Affect Banking Fees?

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

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