Banking News and Headlines
Banking News and Headlines
Banking Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Corefy’s State of Payment Maturity 2025 study, based on 672 global assessments, reveals that 58.5% of businesses still operate fragmented payment systems, limiting visibility and control. While manual handling has fallen to just 1%, only 11.7% of firms have reached the ‘Responsive’ or ‘Agile’ maturity levels that enable adaptive, optimized payment orchestration. The research also shows a shift toward multi‑provider portfolios, with 37.1% managing five or more providers, and modest adoption of AI/ML automation at 8.3%.
Platinum Credit Uganda, a Platcorp subsidiary, secured a $4 million, 24‑month investment from Swiss asset manager Symbiotics to broaden financing for low‑income households and micro, small and medium enterprises (MSMEs) across Uganda. The capital, disbursed on 22 December 2025, enabled a phased rollout...
Standard Chartered reported $1.07 billion in sustainable finance income for 2025, a 9% increase year‑over‑year and surpassing its $1 billion target. The Banking division contributed $610 million, growing 11%, while Transaction Services and Markets added $340 million and $117 million respectively. The bank also achieved...
Financial reports are the most reliable indicator of a Swiss bank’s strength, offering transparent evidence beyond brand reputation. Regular, audited statements that detail capital, liquidity, and risk disclosures allow prospective clients—especially non‑residents—to assess stability and resilience. Easy access to these...
Mintoak, the Mumbai‑based merchant SaaS platform, will raise Rs 80 crore in debt through non‑convertible debentures issued by BlackSoil to fund the acquisition of Dubai‑based loyalty‑tech firm ICC Loyalty. This marks the company’s second acquisition in twelve months, after buying Digiledge in...
Total deposit liabilities in the Philippine banking system climbed to ₱20.9 trillion at the end of Q3 2025, a 7.3% year‑on‑year rise driven by a 20.4% surge in deposit accounts to 166.6 million. The increase followed a March 2025 decision to double...
Circle has integrated its xReserve platform with Cardano, launching USDCx—a dollar‑pegged stablecoin fully backed by USDC—directly on the Cardano network. The token uses Circle’s Gateway and Cross‑Chain Transfer Protocol to move USDC across chains without third‑party bridges, allowing deposits from...
Supply‑chain cash flow is tightening as buyers cling to cash, pushing late‑payment rates to 55% and on‑time payments down to 37%. SAP Taulia’s survey of 10,854 suppliers shows a five‑year high 66% interest in early‑payment programs. Suppliers are counter‑acting by adopting...
AI adoption in financial services is now near‑universal, with only 2% of institutions reporting no AI use. The Finastra State of the Nation 2026 survey of 1,509 senior executives shows 60% improved AI capabilities and 43% rank AI as their...
South Africa’s VBS Mutual Bank, once a flagship black‑owned lender, was declared insolvent in 2018 after billions of rand were siphoned through a massive fraud orchestrated by senior executives. The scandal, which implicated politicians, auditors and even a former president,...
Luxembourg's CSSF released Version 7 of its digital‑asset FAQ, aligning fund rules with the EU MiCAR framework. UCITS can now gain indirect exposure to crypto assets up to 10% of NAV, while direct exposure remains barred; AIFs may invest directly, with...
Embedded finance is set to exceed $7 trillion in transaction volume by 2026, cementing its role as core infrastructure for business platforms. However, fraud attempts are rising two to three times faster than in traditional banking, outpacing legacy detection tools. The...
A PYMNTS Intelligence study of 583 U.S. small and medium‑sized businesses reveals that credit cards are now a primary operating tool rather than a backup. Over half of SMBs (54%) mix business and personal cards, 82% rely on cards for...
The European Banking Authority (EBA) has issued its final Guidelines on the capital endowment requirement for third‑country branches under the Capital Requirements Directive. The Guidelines enumerate eligible instruments—government, central‑bank, public‑sector or multilateral guarantees that receive a 0 % risk weight—and set...
Corporate treasurers are urged to expand beyond traditional efficiency measures and adopt ten payments effectiveness metrics that reveal how well transactions complete, where failures occur, and what risks persist. The metrics cover exceptions, processing time, authorization and success rates, chargebacks,...
J. Safra Sarasin Group has completed the purchase of a 71% stake in Copenhagen‑based Saxo Bank for €1.609 billion, after securing approvals from FINMA and the Danish regulator. The deal, initially announced in March 2025, was adjusted downward following a $50 million AML fine....
The article traces money’s evolution from medieval tally sticks to paper cash and predicts that by 2050 physical currency will be a relic. It highlights the rapid rise of digital currencies, tokenisation, and AI‑driven financial agents. The author envisions a...
A Bank of Singapore survey of 90 senior intermediaries across Singapore, Greater China and Dubai shows a clear shift toward fixed‑income products as investors brace for anticipated rate cuts. One‑third of respondents expect rising demand for bonds, while alternative investments...
UnionBank of the Philippines reported a 17% drop in net income for 2025, posting P10 billion versus P12 billion the prior year. Despite the profit dip, net revenues climbed to P83.2 billion, driven by robust loan growth and higher transaction volumes. The bank’s...
PhonePe is positioning an IPO for FY27, with an April filing window being discussed, while investors scrutinize its path to sustainable profitability. The fintech’s latest filing shows a shift from consumer‑centric payments to a higher share of merchant transactions and...
OFG Bancorp reported a 17% year‑over‑year increase in diluted EPS, supported by a modest 2% rise in core revenues and a favorable tax benefit. Commercial loans expanded to $3.5 billion, now representing 43% of the loan book, while retail deposits grew...
Ticker News has launched Broker Business, a new finance‑focused series aimed at Australia’s more than 20,000 mortgage and finance brokers. Hosted by Rex Afrasiabi, founder of New Chapter Legal, the weekly program delivers practical, broker‑to‑broker conversations on client acquisition, scaling...
NAB unveiled its latest Home Lending campaign under the "Your Partner at Every Stage" platform, reinforcing the bank’s "More than Money" promise that banking is a partnership, not just a transaction. The campaign uses a stage metaphor to illustrate support...
Fintech investment in Asia‑Pacific fell to a decade low in 2025, totaling $9.3 billion across 763 transactions, down from $11.7 billion in 2024. Venture capital supplied $7.5 billion of that amount, while mergers and acquisitions contributed $1.7 billion and private equity under $0.1 billion. Funding...
U.S. District Judge Andrew Carter denied Binance’s bid to compel arbitration for class‑action lawsuits alleging unregistered token sales. The ruling holds that Binance failed to adequately notify users of the 2019 arbitration clause and that the class‑action waiver is ambiguous,...
The Capital One Venture X Business card is a premium charge card targeting small‑business owners, offering a 150,000‑mile welcome bonus after $30,000 spend and a $395 annual fee. It delivers flat‑rate earnings—10 X miles on Business Travel hotels and rentals, 5 X on flights...
The Philippines is seeking up to $800 million from the Asian Development Bank as a partial credit guarantee to backstop availability payments for the North‑South Commuter Railway (NSCR) operator. The guarantee, equivalent to 24 months of payments, aims to mitigate government...
On March 2, Iran’s Central Bank lifted daily transfer limits across its banking system to ease pressure from high inflation and the ongoing war. The POL instant network cap rose to IRR 1 billion, card‑to‑card limits to IRR 150 million, and payment transaction ceilings to...
Visa announced a new sub‑regional structure covering Egypt, Libya and Sudan, part of its broader North Africa, Levant and Pakistan growth strategy. The reorganisation appoints Malak El Baba as country manager for the three markets and moves veteran Ahmed Mohey...
The IMF paper documents a rapid rise in non‑bank financial institution (NBFI) subsidiaries within banking groups, now accounting for about 32 % of syndicated loan origination in 2024. When macroprudential policies tighten bank‑level constraints, bank subsidiaries cut lending by roughly 1 %,...
Dune Analytics has launched a stablecoin dataset designed for enterprise and institutional users, consolidating transfer records, pricing, and token metadata across EVM‑compatible chains, Solana and soon Tron. The offering includes both free and premium tables that normalize balances, label addresses...
U.S. Senate Banking Committee leaders raised alarms that stablecoin yields could trigger a deposit flight from traditional banks. Lawmakers worry the high‑interest returns on payment‑stablecoins mimic savings accounts but lack regulatory safeguards. The hearing highlighted the tension between stablecoins’ rapid,...
Fintech operates on a five‑layer stack, from foundational payment rails to end‑to‑end financial journeys. The bottom rail layer comprises card networks, ACH, SWIFT and emerging blockchain protocols that move money. Above that, capabilities such as KYC, AML, fraud detection and...
Digital wallets have shifted payments from physical cards to smartphones, with services like Apple Pay and Google Pay gaining mainstream traction. By leveraging tokenization and encryption, they protect card data better than traditional chip cards. Consumers can store multiple credit,...
Fideo Intelligence unveiled Verify for Payments, a real‑time identity intelligence API aimed at payment service providers, fintechs, and banks. The solution targets synthetic identity fraud, promising 47% higher detection rates than traditional KYC checks while delivering sub‑second responses. By tapping...
Finzly, founded in 2012, delivers BankOS—a cloud‑native operating system that consolidates ACH, Fedwire, SWIFT, RTP, FedNow and tokenized assets behind a single API, letting banks retire fragmented legacy cores. In October 2025 the firm introduced Agentic Galaxy, AI agents that...
JPMorgan CFO Jeremy Barnum warned that interest‑bearing stablecoins are forming a "parallel banking system" that lacks the prudential safeguards of traditional deposits. Treasury estimates up to $6.6 trillion of bank deposits could be exposed if the regulatory loophole remains open. Lawmakers...
NoCFO, the AI‑native financial management platform, has partnered with open‑banking specialist Salt Edge to embed a Pay‑by‑Bank payment‑initiation service directly into its app. The new feature lets Finnish SMEs approve and pay invoices without leaving the platform, currently serving more than...
HSBC is offering a limited‑time 25% bonus on converting HSBC Premier credit‑card points to British Airways Avios, ending at midnight on 28 February 2026. The bonus applies only to transfers into a BA Avios account and the bonus points usually arrive instantly,...
Tether has frozen $3.5 billion of USDT linked to illicit activity since 2023, bringing the total frozen amount to $4.2 billion since the stablecoin’s launch. The company, which now has over $180 billion of USDT in circulation, can remotely lock tokens at law‑enforcement...
Morgan Stanley has filed an application with the U.S. Office of the Comptroller of the Currency to create a new federally chartered entity, Morgan Stanley Digital Trust, National Association, under a national trust bank charter. The charter would focus on...
The World Bank’s new white paper, “ID Meets Instant,” outlines a conceptual model that merges verifiable digital ID with fast‑payment systems via a portable Payments Identity Credential. Built on a trust framework linking national ID authorities and payment providers, the...
Finance leaders face a “year-two problem” where B2B payments upgrades fail to deliver expected gains without refined data and processes. The article argues that execution velocity—how quickly firms turn standardized transactional data into actionable decisions—will be the decisive KPI. CFOs...
The Hudson Institute released an analysis urging the careful rollout of digital wallets in Gaza to improve financial oversight and limit Hamas’s funding streams. It highlights the sector’s $14.2 million damage, near‑total loss of bank branches, and the scarcity of functional...
The Senate introduced the Access to Fair Financing for Opportunity and Resilient Development (AFFORD) Act, aiming to strengthen the Community Development Financial Institutions (CDFI) Fund. The bill would let smaller CDFIs join the CDFI Bond Guarantee Program, reauthorize a liquidity‑enhancement...
Edward Jones has secured conditional approval from the FDIC and the Utah Department of Financial Institutions to launch Edward Jones Bank, an industrial loan company slated for early 2027. The new bank will accept deposits and issue certificates of deposit,...
Thredd, an AI‑first issuer processing platform, announced an expanded partnership with MuchBetter to launch its prepaid card and digital‑wallet program in Israel. The collaboration builds on Thredd’s earlier deployments in the United Kingdom and Canada, providing end‑to‑end processing, security and...
The UK government appointed Katharine Braddick, a former regulator now Barclays group head of strategic policy, as the Bank of England's deputy governor for prudential regulation. Her five‑year term begins on July 1, 2026, succeeding Sam Woods. The move follows finance...
Citigroup announced it will launch institutional‑grade Bitcoin custody later this year, integrating crypto into its existing custody, reporting and settlement infrastructure. The service will allow clients to manage Bitcoin alongside securities and cash through a single master account, with transaction...
Small landlords are an expanding segment of the rental market, but their limited scale creates underwriting challenges for lenders. To gauge creditworthiness, lenders must scrutinize the borrower’s financial stability, including cash flow, tax returns, and debt ratios. Portfolio performance—occupancy rates,...
