banking

News

BNPL Users to Top 670 Million Globally by 2028

The 107% growth of the BNPL (Buy Now, Pay Later) users is expected to be fueled by the increasing efforts of superapps and banks to develop their own flexible loan offerings.

News

Citigroup Posts First-Quarter Revenue

Citigroup reported earnings for the first quarter of 2024.

Finance & Economics

JPMorgan Profit Exceeds Estimates

JPMorgan Chase on Friday, April 12, released information on profit and revenue in the first quarter of the current year.

Finance & Economics

How Small Businesses Can Save Money and Simplify Operations with Innovative Bank Platforms

So, if you are thinking about starting a business, let’s get one thing clear from the start. The hardest part of starting a business is taking the first step and doing it. Majority of the people only dream about starting a business but never dare to take the first step. If you’ve already started a […]

News

China’s Banks Cut Salaries

In China, the banks that demonstrate the most intensive dynamic of development have reported the largest wage cuts.

Fintech & Ecommerce

12th Connected Banking Summit to Tackle Tomorrow’s Banking Landscape

The 12th Edition Connected Banking Summit– Innovation and Excellence Awards 2024  Southern Africa scheduled to take place on 23rd of May, 2024 in Johannesburg, South Africa proudly unveils its theme: “Empowering Tomorrow’s Banking Landscape: Technology,  Innovation, and Sustainable Growth”. Hosted by The International Center for Strategic  Alliances (ICSA), this prestigious event returns to South Africa […]

Finance & Economics

Mastercard returns as headline partner of Open Banking Expo Canada 2024

Mastercard is confirmed as headline partner for the 2024 Open Banking Expo Canada, scheduled for June 11 in Toronto. This is the second consecutive year of Mastercard’s lead partnership at Canada’s flagship event Open Banking Expo.

Fintech & Ecommerce

Bank of America Launches Massive Update to Its Mobile App

Bank of America has launched a massive update to its mobile app that integrates banking, investing, and retiring on one unified online platform.

Finance & Economics

BNP Paribas Cuts Investment Banking Bonuses

BNP Paribas has cut bonuses in its investment banking unit.

Finance & Economics

How Alternative Lenders Facilitate Credit Access in UAE

Traditional banks and financial institutions in the UAE typically have rigid lending criteria and abundant bureaucracy, which makes access to credit challenging for certain individuals and small businesses.

Finance & Economics

12th Edition Connected Banking Summit– Innovation and Excellence Awards 2024: Southern Africa

South Africa, 23rd May 2024 – The International Center for Strategic Alliances is proud to announce the 12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024 Southern Africa, scheduled to take place on May 23, 2024. With the theme “Empowering Tomorrow’s Banking Landscape: Technology, Innovation, and Sustainable Growth,” this summit promises to be […]

News

Goldman Sachs Reportedly Plans Expansion of Its Private Credit Portfolio

The media reports that Goldman Sachs Asset Management intends to significantly expand its private credit portfolio.

News

Mastercard Launches Open Banking Powered Smart Subscriptions

Smart Subscriptions plugin leverages Mastercard Subscriptions Control solution, introduced in 2023, that allows consumers to cancel, pause and resume their subscriptions.

News

Nationwide Building Society to Acquire Virgin Money

The bank Nationwide Building Society, which is based in the United Kingdom, plans to acquire retail lender Virgin Money.

Fintech & Ecommerce

11th Edition Connected Banking Summit – Innovation & Excellence Awards East Africa 2024

Celebrating Innovation and Excellence in Banking at the 11th Edition Connected Banking Summit- Innovation & Excellence Awards East Africa 2024, Nairobi, Kenya

Finance & Economics

NYCB’s New CEO Mulls Business Plan

The new CEO of New York Community Bancorp (NYCB), Joseph Otting, said that he is currently working on creating a new business plan for this financial institution.