Senior UK banking executives are examining the creation of a domestic payments company to reduce reliance on US card networks Visa and Mastercard, amid concerns that geopolitical tensions could expose vulnerabilities in Britain’s financial infrastructure. A meeting chaired by Barclays’ UK chief executive, Vim
Global banking regulators are raising concerns over the rapid expansion of credit
Goldman Sachs has deepened its engagement with artificial intelligence by working with
Bank of Ireland prevented €9.7 million in customer losses in 2025 after
Cross-border banking mergers and acquisitions among European Union lenders hit about €17
India’s central bank has eased restrictions on acquisition financing, allowing lenders to fund deals up
Lloyds Banking Group has announced plans to close a further 95 branches across the UK,
U.S. banking lobby groups have formally objected to proposals that would allow cryptocurrency and fintech
Canada’s federal government has confirmed that 2026 will mark the formal launch of its long-awaited
The world’s largest banks are urging regulators to rethink a growing shift towards nationally driven
HSBC Holdings Plc reported that its banking services in Hong Kong are gradually returning to
Smart banking is gaining traction among Nigerian entrepreneurs as business owners increasingly adopt digital financial
U.S. dollar-backed stablecoins could siphon as much as $500 billion out of the deposits of
The European Central Bank has revised its crisis management guidelines to permit liquidity support for banks that are in the process of resolution, a move aimed at strengthening stability in the eurozone’s
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.
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
Fintech companies operating in and beyond New York are recalibrating strategy in response to a comprehensive overhaul of state consumer protection regulations, setting a
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
Britain’s digital bank Revolut has formally applied for a full banking licence in Peru, marking its fifth planned market in Latin America as part of a broader strategy to deepen its presence in high-growth regions. The move expands the fintech’s footprint beyond its core
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 by the Czech National Bank (CNB) to build a small test portfolio
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 that quarterly results due this week will confirm this shift in fortunes
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
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
Nigeria’s largest payments technology company, Flutterwave, has completed the acquisition of open banking startup Mono in an all-stock transaction valued at between $25 million and $40 million, marking one of the rare
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’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
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 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
The European Central Bank is preparing to propose a significant simplification of capital-buffer regulation for banks – not by reducing requirements, but by streamlining the number and complexity of buffers currently in
Klarna has extended its partnership with Apple Pay into two of Europe’s largest consumer markets – France and Italy – enabling users to pay via monthly instalments directly through Apple Pay’s checkout
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
The Bank of England has reduced the core capital requirement for major UK lenders from fourteen per cent to thirteen per cent, marking the
Swiss voters are preparing to decide on a proposal that would significantly alter how large inheritances and gifts are taxed in one of the
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