Bank of England Shifts Stance on Stablecoins, Following Trump’s Influence
The Bank of England’s recent softening on its position regarding ‘stablecoins’ marks another shift in the UK’s financial landscape, which …
Banking
Banking
DFCC Bank Agrees to Purchase Standard Chartered’s Sri Lankan Operations
DFCC Bank has entered into a binding agreement to acquire Standard Chartered Bank’s (SCB) wealth and retail banking businesses in …
‘The Bank Wins’: Charleston Lender Warns Against Trump’s 50-Year Mortgage Idea
CHARLESTON, S.C. – Former President Donald Trump’s proposed 50-year mortgage plan could have a significant impact on homebuyers in Charleston, …
AI in Finance is “Going Nowhere Fast”, Say UK Bank Leaders
Two-thirds of UK banks are struggling to implement AI on outdated core systems, likening the situation to trying to fuel …
Japan’s Big 3 Banks’ Stablecoin Trial Receives Regulatory Approval
A month after the launch of Japan’s first stablecoin pegged to the yen, the country’s three largest banks have secured …
The Future of Global Payments: Tokenized Deposits in Web3 Corporate Banking
DBS Bank and J.P. Morgan are joining forces on an initiative that could fundamentally alter the global payments landscape. They …
Why Banks Must Act Fast on Quantum Threat
The financial sector is facing an imminent and unquantified risk from quantum computing, which could potentially undermine current cryptography systems, …
Canada’s Best Transaction Bank 2025: Scotiabank
Scotiabank’s leadership in Canadian transaction banking reflects its ability to seamlessly integrate regional connectivity, digital innovation, and a strong focus …
Banks Turn to Consumer Lending as Corporate Credit Demand Weakens
Bangladesh’s banking sector has experienced a notable shift towards consumer financing this year, driven by robust demand for flats and …
Banks Ordered to Update Credit Records to Stop Defaulters Entering Election Race
Banks must file monthly updates on new and outstanding loans Key Points Bangladesh Bank is refreshing credit information ahead of …