May 2025

European Central Bank (ECB) Governing Council member Fabio Panetta has suggested that inflation in the eurozone is nearly under control, with a return to the ECB’s 2% inflation target now within reach.

In a decisive move to stimulate South Korea’s struggling economy, the Bank of Korea (BOK) has reduced its benchmark interest rate by 0.25 percentage points, bringing it down to 2.5%. This marks

Griffin, a UK-based Banking-as-a-Service (BaaS) provider, has embarked on an ambitious project to build an “agentic bank,” marking a major shift in the future of banking. The company has introduced its Model

As we approach the midpoint of 2025, the fraud figures for 2024 provide critical insights into the state of financial security in the UK and offer a stark warning for the year

JPMorgan Chase is taking a bold step in wealth management by introducing a new tier of service aimed at America’s millionaires. As part of its broader strategy to expand its share of

Mastercard has inaugurated its first Cyber Resilience Centre in the Middle East, located in Riyadh, Saudi Arabia. This strategic move aims to bolster the Kingdom’s cybersecurity infrastructure and aligns with the objectives

European banks are bracing for significant financial impacts as the EU’s SEPA Instant Payments regulation mandates 24/7 euro credit transfers by October 2025. Nearly half of surveyed banks anticipate losing millions in

The United States is taking a monumental step in its currency system by discontinuing the production of the penny, a decision that marks the end of over 230 years of its circulation.

HSBC has launched a tokenised deposit service in Hong Kong, marking a groundbreaking step in integrating blockchain technology into traditional banking. This new service allows corporate clients to convert their Hong Kong