In an era where digital banking is becoming increasingly prevalent, SBM Bank (Mauritius) Ltd has taken a significant step forward with the launch of SBM Tag, a new mobile banking application powered by CR2’s BankWorld platform. SBM Tag exemplifies the bank's dedication to providing secure, s
The financial services industry is undergoing a significant transformation as digital banks and fintech companies increasingly capture new checking account openings. This emerging trend has presented a formidable challenge to the longstanding dominance of traditional banks. By analyzing the reasons
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