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 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
U.S. dollar-backed stablecoins could siphon as much as $500 billion out of the deposits of U.S. banks by the end of 2028, according to a fresh analysis from Standard Chartered, highlighting intensifying
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
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
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.
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
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
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
