Islamic banks face a silent crisis as outdated legacy systems hinder their growth and service quality, despite booming demand for Shari’ah-compliant finance. Recent reports from 2025 highlight how these old...
Category: Finance
RBI Eases Bank Subsidiary Rules
India’s central bank is set to relax regulations, allowing commercial banks to set up subsidiaries without prior approval in most cases. This change, reported in late October 2025, aims to...
Top Banking PSU Funds to Invest in October 2025
Investors seeking stable returns amid market ups and downs are turning to banking and public sector undertaking mutual funds this October. Experts highlight these funds as solid choices for their...
SNAP Benefits at Risk in November Shutdown
Millions of Americans who depend on SNAP food assistance face a big problem. The ongoing government shutdown could stop their benefits from loading on cards starting November 1, 2025, leaving...
Plumery Launches Cashback Tool to Boost Bank Rewards
Plumery, a Netherlands-based digital banking platform, unveiled its new Cashback Management capability on October 21, 2025, aiming to help banks create personalized reward programs fast. This launch lets financial institutions...
Sola Partners with Salt Edge for Europe Open Banking Push
European fintech firm Sola has teamed up with Salt Edge to strengthen open banking and payment options across the continent. Announced on October 20, 2025, this partnership integrates Salt Edge’s...
BSP Eases Islamic Banking Rules in Philippines
The Bangko Sentral ng Pilipinas has rolled out fresh regulations to make it simpler for traditional banks to launch Islamic banking units, aiming to boost the sector’s growth. This move,...
11 Banks Grab 20% Stake in LSEG Unit
London Stock Exchange Group revealed a major deal on October 23, 2025, where 11 top global banks agreed to buy a 20% stake in its Post Trade Solutions business for...
Top US Banks Battle Inflation and AI Shifts in 2025
US banks are stepping up to handle high inflation, recent Federal Reserve rate cuts, and fast-growing AI tools, helping customers protect their savings. As of October 2025, major banks offer...
Wall Street Banks Score Big Q3 Profits from Brokerage Boom
Wall Street’s major banks reported massive third quarter profits in 2025, fueled by a surge in prime brokerage services. This boom stems from lending to hedge funds amid rising market...










