SBT And BankCherokee Adopt Alkami Platform

Two US financial institutions, State Bank of Texas and BankCherokee, have gone live with a new digital banking platform provided by Alkami Technology, extending the vendor’s footprint among community and regional lenders. The deployments follow similar adoptions this year by Amplify Credit Union, Harvard

HSBC Services Gradually Resume After Disruption

HSBC Holdings Plc reported that its banking services in Hong Kong are gradually returning to normal after a significant technical disruption hit operations across the city’s network on Friday afternoon, affecting both

Smart Banking Transforms Commercial Finance

Smart banking is gaining traction among Nigerian entrepreneurs as business owners increasingly adopt digital financial tools that offer real-time transparency, control and simplicity in managing funds. According to report, smart banking services allow users to monitor account balances at a

Hong Kong Doubles Yuan Liquidity To Banks

Hong Kong’s financial authorities have announced a substantial expansion of yuan liquidity provision to banks, a policy move aimed at reinforcing the city’s role as a leading offshore hub for China’s currency and supporting broader efforts to internationalise the renminbi. The Hong Kong Monetary

Europe’s Payments Sovereignty Faces Structural Gaps

Europe’s reliance on foreign-controlled payment systems has emerged as a material financial stability and sovereignty issue, exposing a weakness in the bloc’s broader independence strategy. Recent political warnings have drawn attention to how deeply everyday commerce depends on networks beyond European control. The concern

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,

Trump Threatens JPMorgan Legal Action Over Debanking

President Donald Trump announced his intention to pursue legal action against JPMorgan Chase, asserting that the bank “incorrectly and inappropriately DEBANKED” him following the January 6, 2021 Capitol riot, according to a post on his social media platform. Trump’s statement came as he sought

Will central banks add bitcoin reserves

Central banks are increasingly experimenting with bitcoin and other digital assets as part of broader discussions about reserve diversification, even though mainstream monetary authorities remain cautious about formal adoption. A recent move

Wall Street Investment Banking Revenue Surges

Wall Street is on track for its strongest investment banking performance since the pandemic, driven by a notable rise in fee income among the largest US banks. Analysts and market data suggest

India regulator accuses BofA of information breach

India’s markets regulator has accused Bank of America’s local investment bank unit of breaching insider trading rules and internal confidentiality protocols in connection with a 2024 stock sale, underscoring compliance risks for

Bank of England gold dispute hits finance

The Bank of England’s custody of Venezuelan gold reserves has resurfaced as a contentious financial issue, highlighting the complex intersection of sovereign assets, diplomatic recognition and global financial markets. London holds roughly

AI-Led Inflation Risk Looms For Markets

Global investors are warning that 2026 could bring a significant inflationary challenge driven largely by sustained and heavy investment in artificial intelligence infrastructure and technology, a risk they say remains underappreciated in

Russia Escalates Financial Dispute With Euroclear

Russia’s central bank has filed a lawsuit seeking about $230 billion in damages from Belgium-based financial services firm Euroclear, intensifying a high-stakes legal and financial confrontation rooted in the freezing of Russian

BBVA, OpenAI Alliance Accelerates Banking AI

Spanish banking group BBVA and artificial intelligence developer OpenAI have formalised a strategic alliance aimed at embedding generative AI deeply into financial services, signalling a new phase in how technology is reshaping

UK Banks To Guide Customers’ Investments

UK banks are preparing to offer more personalised guidance on how customers might allocate their savings and investment funds, a shift that reflects evolving financial services strategies aimed at strengthening client engagement and confidence in turbulent markets. The proposals, reported

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