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
The UK Department for Work & Pensions (DWP) has initiated a strategic procurement process to identify a supplier of open banking technology for its Universal Credit (UC) system. This move aims to
Sweden’s central bank, Sveriges Riksbank, has issued a strong recommendation for the continued use of cash, advocating for legislative action to ensure its availability alongside digital payment methods. With the country moving
Santander UK is implementing significant cost-cutting measures within its commercial banking division, including a salary freeze, reduced bonuses, and job cuts potentially affecting up to 200 staff members. These changes are part
