Smartphone adoption is skyrocketing, powering a massive surge in digital finance services around the world. Recent data from global reports show how mobile devices are making banking easier and more...
Category: Finance
Bridgend Business Park Empty After £10M Funding Boost
A sprawling business park in Bridgend, Wales, designed to spark economic growth and create thousands of jobs, stands completely unused nearly four years after its completion. Despite a hefty £10...
Vietnam Proposes Major Hike in Lending Limits
Vietnam’s banking sector is pushing for a significant change as the Vietnam Banking Association submits a proposal to the State Bank of Vietnam to raise consumer lending limits for finance...
Central Bank of India Secures RBI Nod to Launch IFSC Banking Unit in GIFT City
Central Bank of India has cleared a key hurdle to grow its international banking footprint after receiving Reserve Bank of India’s approval to establish an IFSC Banking Unit (IBU) at...
Soaring Cash Demand Pushes Nigerian Banks Toward Liquidity Limits
Commercial banks in Nigeria are facing mounting pressure as a surge in cash demand from government entities, businesses, and consumers tightens liquidity, raising fears of financial strain and tighter credit...
FSIB Picks 11 New Faces to Lead Nationalised Banks as Executive Directors
The Financial Services Institutions Bureau has cleared 11 senior bankers for executive director roles across India’s public sector banks. The decision follows a tightly-run selection process and comes at a...
China’s Banks Told to Ditch Size Obsession and Focus on Real Value
Experts warn against “involution-style” competition as lenders chase flashy growth at the cost of long-term stability China’s banking system is being pushed to slow down and wise up. A growing...
Barclays Beats Q2 Profit Forecasts as Tariff Turmoil Fuels Trading Windfall
Investment bank income jumps 10%, lifting EPS and clearing the way for £1B buyback Barclays just gave the markets something to cheer about. The British banking giant delivered stronger-than-expected profits...
RBI Tells Banks: Digital Banking Must Be Optional, Not Default
New draft norms aim to end forced digital enrolment and return control to customers The Reserve Bank of India is laying down the law on digital banking: customers must choose...
Community Banks Helped Shape the GENIUS Act—Now Comes the Hard Part
When President Donald Trump signed the GENIUS Act into law on July 18, it didn’t just mark the first major federal stablecoin legislation in U.S. history. It also represented a...