As we approach 2025, the retail banking landscape is on the brink of significant transformations driven by evolving customer expectations, rapid technological advancements, and stringent regulatory changes. In this dynamic environment, banks are tasked to adapt swiftly to maintain their competitive
The recent collaboration between Regions Bank and Axway signals a substantial leap forward in the arena of open banking, aiming to significantly enhance data privacy, security, and seamless financial data sharing for their Consumer Banking, Corporate Banking, and Wealth Management customers. This
In recent years, the U.S. Federal Deposit Insurance Corporation (FDIC) has taken significant actions regarding banks and their dealings with cryptocurrencies. While advising banks to pause direct involvement in crypto assets in 2022 and 2023, the FDIC did not order them to cease offering services
The payments industry is on the brink of significant transformation as we approach 2025. With technological advancements, evolving consumer behaviors, and regulatory changes, the landscape is set to undergo substantial shifts. This article delves into the key issues and trends that will shape the
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 digitized world, the ability for small- to medium-sized businesses (SMBs) to adapt to technological advancements has become a critical determinant of their success. As consumer expectations shift towards more streamlined and efficient experiences, businesses must align themselves
