banking - page 4

Finance & Economics

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 […]

Events

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.

News

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.

News

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.

Events

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 […]

Finance & Economics

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.

Fintech & Ecommerce

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.

Finance & Economics

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.

Events

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.

Fintech & Ecommerce

Mastercard Introduces Open Banking for Account Opening Program

The new core benefit program from Mastercard is aimed at select U.S. debit and prepaid products, designed to streamline and secure account opening with open banking capabilities.

Fintech & Ecommerce

Mashreq Introduces NEO Credit for Salaried Customers

Middle East banking pioneer Mashreq has launched the NEO Credit solution to offer small-sized loans for salaried individuals.

News

Centenary Bank Introduces WhatsApp Banking in Uganda

Centenary Bank, which serves over 2.4 million customers in Uganda, has launched the CenteWhatsApp banking platform that offers customers instant access to various banking services via WhatsApp.

News

Moody’s Downgrades New York Community Bancorp

New York Community Bancorp, which is a financial institution that is part of the structure of the American regional banking sector last Tuesday, February 6, faced a serious problem in the form of a credit rating downgrade to junk status, the decision on which was made by experts at Moody’s Investors Service.