Category: Finance

Chase, Amex and Capital One are dangling six-figure credit card bonuses in 2026, but fresh data show the payoff lands unevenly across spenders.

Visa's AI Financial Assistant brings chat-based spending insights and card controls to banking apps, with U.S. pilots launching in August 2026 ahead of global rollout.

TSMC and ASML posted record quarterly earnings, but chip stocks slid in a Nasdaq-led selloff Thursday as oil held steady despite fresh US-Iran strikes.

South Africa's Prudential Authority is tightening AI, cloud and cyber oversight of banks even as lenders race to scale deployment through 2026.

Canada's OSFI privately warned banks in April that Anthropic's Claude Mythos could shrink the time to patch cyber flaws, documents show.

The European Commission's Friday banking package eases leverage ratio rules, and Ireland's already well-capitalized banks show why the relief won't reach every lender.

SBS has embedded generative AI into core systems at more than 1,500 banks, but broader rollout will not arrive until early 2027, data show.

Netbank has embedded account opening into JIA Finance's app, deepening a Philippine BaaS partnership that channels invoice financing to more SMEs.

RBI imposed ₹44.80 lakh in penalties on five cooperative banks for KYC and governance lapses, part of a six-month sweep covering 56 lenders.

Africa's mobile money industry moved $1.4 trillion in 2025, but GSMA data show most accounts sit unused monthly amid fraud and new taxes.