Halcom, a trailblazer in the realm of digital banking and banking solutions, has spent three decades spearheading the safe and efficient digitalization of financial processes for banks, companies, and state...
Category: Finance
Credit Growth Quota Policy: Balancing Expansion and Safety in the Banking System
The delicate balance between credit growth and financial system safety remains a critical concern for policymakers. As the banking industry faces dynamic challenges, ensuring prudent credit expansion while safeguarding stability...
Financial Sector Will Witness More Islamic Banking, Says CBN
The Central Bank of Nigeria (CBN) has made a significant announcement: the financial sector is poised to experience further growth in Islamic banking. This revelation comes as the CBN Governor,...
Southeast Asia Embraces Open Banking Revolution
The financial landscape in Southeast Asia is undergoing a transformative shift with the rise of open banking. This paradigm shift is empowering consumers with unprecedented control over their financial data...
Morgan Stanley’s Caution: Australian Banks Face Competitive Headwinds
Morgan Stanley has expressed a cautious outlook on Australia’s major banks, citing a less competitive retail banking environment as a potential drag on profitability. This stance comes amid evolving market...
RBI’s Cautious Bond Buyback: A Strategic Move Amidst Banking Resilience
In an unexpected turn of events, the Reserve Bank of India’s (RBI) recent bond buyback operation saw a surprisingly low yield, with banks showing a strong front against potential losses....
A New Dawn for Crypto: U.S. Senate Votes to End Banking Restrictions
In a landmark decision, the U.S. Senate has voted to overturn the Securities and Exchange Commission’s (SEC) guidelines known as SAB 121, which have been a significant barrier to banks...
Chainlink’s Triumph: U.S. Banking Pilot Fuels a 6% Surge in LINK’s Value
In a landmark pilot program, the collaboration between the Depository Trust & Clearing Corporation (DTCC), Chainlink, and several top-tier U.S. banks has led to a significant leap in the tokenization...
A New Dawn for SA Banking: Bank Zero Champions Deposit Insurance
In a bold move that could reshape the South African banking sector, Bank Zero has embraced a new deposit insurance scheme, signaling a potential end to the era of big...
Navigating the Cash Tide: Nigeria’s Surge in Currency Hoarding
As Nigeria’s economy grapples with fluctuating fortunes, a startling trend has emerged: the amount of currency circulating outside the banking system has skyrocketed by 300%. This phenomenon of cash hoarding...