Visa-Backed Moniepoint Fuels Africa’s Digital Banking Boom

Africa’s fintech revolution has entered a new phase as Nigerian-born Moniepoint secured an additional $90 million in funding, extending its latest investment round to $200 million. Backed by Visa, Alphabet’s Google Africa Investment Fund, and Development Partners International, the fast-growing digital bank is positioning

European Banks and Insurers Dip Ahead of Fed Decision

On September 16, 2025, European financial markets showed caution, with the pan-European STOXX 600 index slipping 0.13%. This decline was largely driven by a 1% drop in bank and insurance stocks – sectors sensitive to interest rate changes. Investors are

ECB and PBOC Extend Lifeline for Cross-Border Liquidity

The European Central Bank and the People’s Bank of China have renewed their bilateral currency swap arrangement, extending the €45 billion facility until October 2028. Designed to give euro area banks access to renminbi liquidity when market conditions tighten, the agreement represents both a

Japan Post Bank to Introduce Digital Yen by 2026

In a significant move towards modernising its financial infrastructure, Japan Post Bank has announced plans to launch a digital yen (DCJPY) by the end of fiscal year 2026. This initiative comes at a time when the global financial landscape is witnessing a growing shift

Poland’s Rate Shift Tests Fiscal Nerves

Poland’s central bank is widely expected to trim its benchmark interest rate by a quarter of a percentage point this week, easing it to 4.75 per cent. The anticipated move continues a gradual loosening cycle that began in May, when policymakers cut rates by

Fed Turmoil Threatens Global Financial Stability

Christine Lagarde has raised a stark warning that the credibility of global markets could be shaken if the independence of the US Federal Reserve comes under political attack. Speaking just as speculation grows over President Donald Trump’s attempt to unseat senior Fed officials, the

European Banks Ride High on Interest Rate Winds

European banks are currently navigating a rare and lucrative phase, buoyed by favourable interest rates and strong earnings, creating what analysts are calling the “sweet spot” of banking. As of late August

BOJ Eyes Tankan as Tariff Risks Loom

The Bank of Japan is once again at the centre of attention as policymakers balance inflationary pressures with global trade uncertainty. Board member Junko Nakagawa recently cautioned that despite a trade agreement

Credit Suisse Posts Stronger-Than-Expected Profits

Credit Suisse surprised analysts with a stronger-than-expected profit performance, signalling resilience amid ongoing market volatility. The Swiss banking giant reported gains that outpaced guidance, reflecting effective cost management, strategic investment decisions, and

Fed Pushes Banks to Fast-Track Digital Future

The U.S. banking sector is facing a pivotal moment as Federal Reserve Vice Chair for Supervision Michelle Bowman urged institutions to move beyond their “overly cautious mindset” and fully engage with financial

Agentic Automation Ushers In Next Phase Of Banking AI

Banks are beginning to deploy agentic process automation – AI-powered systems that autonomously manage complex, multistep workflows as they move beyond traditional, rules-based robotic process automation toward more intelligent, decision-making automation. Unlike

Bitcoin Surge Redraws Lines in Institutional Finance

Bitcoin has climbed to a record high of around $124,002, propelled by mounting expectations of imminent Federal Reserve rate cuts and an increasingly favourable regulatory climate. The shift in policy signals, from clearer stablecoin rules to the introduction of securities

BFSI Insider