Category: Finance

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.

Russell 2000 small caps surged nearly 22% in the first half of 2026, their best since 1991, powered by AI-linked chipmakers and rising debt risk.

A$10,000 in Australia's benchmark tech ETF five years ago is worth about A$10,143 today, as a Xero derating and WiseTech's governance crisis offset years of gains.

A $1.2 trillion e-commerce credit gap has opened across Asia Pacific as banks cede merchant financing to faster, data-driven fintech lenders.

UK banks paid £16.4 billion in bonuses in early 2026, the highest quarterly total since 2008, as unions push for a bigger windfall tax.

After the RBNZ lifted the OCR to 2.50% on July 8, ANZ NZ, ASB, BNZ, Kiwibank and Westpac all left their mortgage serviceability test rates unchanged for now.

Axos Financial will acquire San Francisco AI fintech Arc Technologies to fold its cash-management platform into Axos Bank. The deal closes in July.