Ripple’s Chief Technology Officer has announced that several banks are now using XRP for payments, with one upcoming bank set to run fully on the XRP Ledger. This move could...
Category: Finance
Major Hack Leaks Data from 20 Korean Private Equity Funds
In a shocking cyber attack, hackers breached data from about 20 private equity funds in South Korea earlier this month. The Russian speaking ransomware group Qilin targeted a cloud server...
S&P 500 Hits Record Above 6600 on Tech Surge
The S&P 500 closed above 6600 for the first time ever on September 15, 2025, driven by strong gains in technology stocks and positive economic signals. This milestone came amid...
Nigerian Banks Race to Meet CBN Capital Deadline
Nigeria’s banking sector faces a critical deadline in March 2026, as the Central Bank of Nigeria pushes for higher capital levels to strengthen financial stability. With just six months left,...
IndusInd Bank Digital Head Charu Mathur Resigns
Charu Sachdeva Mathur, a key leader at IndusInd Bank, has resigned from her role as Head of Digital Banking and Strategy. The resignation took effect on September 15, 2025, as...
Beauty Tech Group Sets Sights on £350M IPO
Cheshire-based Beauty Tech Group has revealed fresh details on its planned initial public offering on the London Stock Exchange, aiming for a valuation around £350 million. Set for later in...
South Africa Banks Slam Credit Law U-Turn
South Africa’s leading banking group has sharply criticized Trade Minister Parks Tau for pulling back proposed changes to the National Credit Act. The move, announced last week, aimed to ease...
Ethiopia Banks Hit by Scandals and Failures
Ethiopia’s banking sector is reeling from major setbacks, with Selam Bank’s quiet collapse and Sinque Bank’s audit exposing hidden loans and fraud. These issues, unfolding in 2025, raise questions about...
South Korea Gold Banking Tops 1.2 Trillion Won
South Korea’s gold banking balance has crossed 1.2 trillion won for the first time ever, driven by soaring gold prices and investor demand. This milestone, reached as of September 11,...
Top 5 Bank Mis-Selling Traps and How to Avoid Them
In India, banks and agents often push unsuitable financial products to earn commissions, leaving customers like Rajeev Agarwal and Gaurav Santoshwar with regrets and financial losses. As of 2025, regulators...