The European Central Bank (ECB) is poised to implement its eighth consecutive interest rate cut, reducing the benchmark deposit rate to 2% on June 5, 2025. This move aims to stimulate economic
HSBC UK Private Banking is set to revolutionise its wealth management services by integrating the Addepar platform, a cutting-edge wealth management solution that promises to enhance the client experience for ultra-high-net-worth individuals.
Visa has introduced its innovative account-to-account (A2A) payment solution in the UK, aimed at revolutionising the way consumers make bill and subscription payments. This new offering leverages the UK’s Faster Payments infrastructure,
The Bank of Canada (BoC) has decided to maintain its key policy rate at 2.75%, a cautious move despite stronger-than-expected economic growth in the first quarter of 2025. This decision follows a
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
