Everyone talks about Web 3.0 and how the next evolution of the internet gives users control over their data and assets. It may seem that the third iteration of the world wide web is already in full swing. Is it, though? Let’s take a closer look at the payments industry to discover any traces of […]
We live in the age when speed of sharing information and financial data is critical. Volatile markets, high-liquidity businesses and innovative open banking apps – that’s what defines the XXI century finance. Here’s why you should bother about faster settlement times and implementation of open banking practices in 2024.
Mastercard has joined Buna, the Arab Regional Payment System, to enable faster, more affordable cross-border payments in and out of the MENA region.
Term deposits are one of the best ways to grow your savings. Otherwise called fixed deposits, you can earn interest by depositing a lump sum for a fixed time. Nowadays, many banks and other financial institutions also offer term deposits with varying rates, which can be pretty overwhelming if you’re unfamiliar with it. Worry no […]
Ukrainian neobank Monobank has introduced a new marketplace service for gadgets and electronics with BNPL payment options available for every item.
The Openbank digital banking platform, which is part of the Santander virtual ecosystem, has officially become available to consumers living in the United States.
The Bank of New York Mellon Corp. (BNY) and Mizuho Bank cooperate to provide trade services to corporate clients in Asia.
Opening a Non-Resident Bank Account in the UAE presents a valuable financial opportunity for those wanting to leverage Dubai’s thriving economy, growing e-commerce sector and favorable tax environment without residency requirements. This overview explains the steps and benefits of establishing such an account. These accounts are designed for a range of clients, including expatriates, global […]
Online check fraud schemes boom forces major US banks to introduce additional security measures such as drastically decreasing limits to mobile deposits as Fidelity recently did.
When securing a loan, choosing between a private lender and a traditional bank can significantly influence your financial experience. Conventional banks are often seen as the go-to option, but many borrowers find their processes slow, rigid, and impersonal. This blog explores why opting for a private lender might be the wiser choice. We’ll delve into the […]
Do you own a business or manage it with a group of people? In business finance, it’s really hard to manage your cash flow and still maximize the returns on idle funds. Well, one common strategy that businesses use to achieve these financial goals is to invest in term deposits. But the effectiveness of this is […]
U.S. Bank is expanding its partnership with broker-dealer and financial advisor Edward Jones.
Addis Ababa, Ethiopia – August 14, 2024 – Ethiopian Skylight Hotel – The Ethiopian Skylight Hotel in Addis Ababa became the center of innovation and excellence on August 14th, 2024, as it hosted the 15th Edition Connected Banking Summit – Ethiopia Innovation & Excellence Awards 2024. This significant event celebrated outstanding achievements in the banking […]
The new Axis Bank credit card product developed in partnership with Visa targets ultra-high net worth customers in India.
Artificial intelligence (AI) is an extremely powerful and useful technology. However, when it gets into the wrong hands, innovative smart tools may be used for malicious purposes. There’s no other sector more attractive to cybercriminals than banking and financial services. Therefore, financial institutions of all kinds must take all the precautions to safeguard their ecosystems […]
London, UK, 24 July 2024 – Open Banking Expo is pleased to announce Raidiam as headline partner of its Awards scheme, which recognise the innovators, trailblazers and visionaries from across the Open Banking, payments and Open Finance ecosystem.
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