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 20 years of
In a strategic move to significantly boost Nigeria's economic landscape, the Nigerian Economic Summit Group (NESG) has appointed three new board members: Mr. Wole Adeniyi, Mr. Mohamad Darwish, and Mr. Olusegun Alebiosu. These appointments highlight the NESG’s commitment to ushering in
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
Hong Kong has recently garnered significant interest from European fintech firms looking to establish a foothold in Asia, as highlighted by the city's Financial Secretary, Paul Chan Mo-po. Chan underscored this development during his recent trip to the World Economic Forum (WEF) in Davos,
The dramatic collapse of London-based financial start-up Stenn Group has sent shockwaves throughout the fintech industry, prompting a reevaluation of the inherent risks associated with such ventures. As an invoice finance provider, Stenn Group found itself at the epicenter of scrutiny related to
