New York Consumer Rules Reshape Fintech Strategy

Fintech companies operating in and beyond New York are recalibrating strategy in response to a comprehensive overhaul of state consumer protection regulations, setting a new benchmark for oversight of digital financial services. The revised regulatory framework introduces enhanced safeguards for users of fintech products,

Fintech ecosystems reshape Africa’s financial landscape

Fintech development across Africa is accelerating as industry growth becomes increasingly anchored in interconnected ecosystems rather than isolated innovation. Collaborations involving startups, banks, mobile operators, investors and regulators are now central to building financial products that can scale across diverse

US banks commit to major UK expansion after budget

Shortly after the UK budget, two major US banks unveiled plans to significantly increase their footprint in Britain, signalling renewed confidence in the country’s financial-services environment. JPMorgan said it will build a new 3 million-square-foot headquarters tower in the Canary Wharf area, at an

Sterling rises ahead of UK budget announcement

The British pound strengthened modestly as markets positioned themselves ahead of the UK government’s much-anticipated budget. Financial markets appear cautiously optimistic that the forthcoming measures may avoid overly aggressive tax hikes while still addressing public finance constraints, boosting sentiment around sterling. Underlying the uptick

Quantum computing reshapes bank performance systems

Quantum computing is emerging as a transformative force in banking, with the potential to redefine financial performance across multiple dimensions. According to McKinsey & Company, leading banks are already exploring applications that go beyond traditional computing to optimise portfolios, assess risk and bolster cyber-security.

European banks offer investors sweeteners

European lenders are increasingly deploying incentives to maintain investor interest as the sector’s rally shows signs of stalling. The move comes amid softer earnings and rising concerns over economic growth, prompting banks to sweeten propositions.  Several institutions have introduced share buy-back programmes, increased dividends

EU harmonises insolvency laws for investment

The European Union has reached a provisional agreement to harmonise core insolvency laws across its 27 member states, seeking to remove legal barriers to cross-border investment and integrate capital markets more deeply.

UK raises bank deposit guarantee to 120000

The Bank of England (BoE) on 18 November 2025 announced that the deposit protection limit under the Financial Services Compensation Scheme (FSCS) will be raised to £120,000 per person from the current

Santander’s Digital Leap Into Crypto Banking

In a move that crystallises the changing face of European finance, Openbank – the fully digital arm of Banco Santander – has entered the cryptocurrency arena. The platform now allows Spanish customers

Dollar Strategy Hits a Hedging Wall

Under the Donald Trump administration, the U.S. has enjoyed the unusual combination of a booming stock market and a weakened dollar. But according to analysts, this “sweet spot” may be more fragile

UK Banks Rally as Budget Brings Relief

British banking shares surged after reports confirmed that Chancellor Rachel Reeves will likely spare the sector from new tax hikes in the upcoming budget – a decision that immediately lifted confidence across

UK Pilot Brings Banking to the Unbanked

The UK government’s new pilot scheme marks a decisive shift in the intersection of finance and social policy. For the first time, people without fixed addresses, including those experiencing homelessness, will be able to open bank accounts through a partnership

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