In an era where climate concerns are intensifying and regulatory bodies are ramping up their efforts, the European Banking Authority (EBA) has introduced new guidelines for banks within the European Union. These measures are aimed at ensuring firms transition smoothly towards the EU's climate
The banking sector in the Middle East is undergoing a period of rapid transformation, driven predominantly by evolving customer preferences, the advent of innovative technologies, cost-related challenges, and increasing regulatory demands. As the financial services landscape in this region evolves,
In a significant move that could shape the future of M&T Bank, Neeraj Singh has been appointed as the new chief risk officer (CRO), replacing the retiring Mike Todaro. The announcement, effective this past Friday, marks Singh's arrival to M&T's executive leadership team. With over
The UAE offers a dynamic financial ecosystem that attracts global investors due to its superior banking services, stable economy, and strategic positioning in the Middle East. Navigating the complexities involved in opening a bank account in the UAE as a non-resident requires a thorough
The evolving landscape of bank-fintech partnerships within the embedded finance industry has experienced increased regulatory scrutiny in recent years, introducing significant ramifications for 2025 and beyond as the industry adapts to new compliance standards and risk management practices. The
The financial industry is undergoing a profound transformation, driven by the rise of Banking-as-a-Service (BaaS) platforms that are enhancing transparency and creating new revenue streams for traditional banks. In a landscape where fintech and digital banks are gaining traction, technologically
