When previous cross-border deals turn into “accumulated risk” for Thailand’s banking system
Pattaya, Thailand – The Victor Thai Law Office has been advising foreign clients on the importance of adhering strictly to Thai laws when doing business. A case from a few years ago illustrates this. A client received a bank transfer from a neighboring country—a personal transaction that appeared completely legitimate. However, when the client later […]
Lloyds looks into the use of employee banking information in salary discussions.
Lloyds Banking Group Investigates Use of Employee Data in Wage Talks The chief executive of Lloyds Banking Group has informed staff about his investigation into a contentious choice made last year regarding the use of employees’ bank account data during salary discussions with trade unions. During a recent gathering with the bank’s 64,000 employees, Charlie […]
Cross-border banking agreements in the EU reach highest level since the 2008 crisis
EU Bank Mergers Hit Record Highs Cross-border mergers among banks in the EU have surged to their highest level since the 2008 financial crisis. This uptick comes as bank profits and share prices increase, marking an end to a prolonged period of stagnation in trading activity. In fact, multi-billion euro mergers pushed cross-border banking transactions […]
Internet banking safety: Ways to secure your money and investments
Every day, logging into bank, retirement, and investment accounts is just part of life. Yet, it often comes with a sense of unease. With all the news about hacks, scams, and identity fraud, one can’t help but think if checking your account might lead to trouble. Mary recently raised this concern in a message. “How […]
Mibanco in Peru Chooses Temenos SaaS for Upgrading Core Banking
Temenos Partners with Mibanco for Banking Transformation Grand Lancy, Switzerland – February 11, 2026 – Temenos (SIX: TEMN), a key player in banking technology, has announced that Banco de la Microempresa SA (Mibanco), the top microfinance bank in Peru, is adopting Temenos SaaS. This move aims to modernize its core banking system while enhancing financial […]
Trump Needs to Eliminate Hidden Data Fees in His Open Banking Regulation – His Affordability Plan Could Rely on This
Open Banking and Its Impact on Affordability Affordability has become a key focus in President Donald Trump’s agenda, and he seems to be making strides in this area. By rolling back costly energy regulations and reducing taxes for families and workers, he’s aiming to usher in what he describes as a “new golden age.” But […]
Lebanon’s contentious banking legislation threatens reform efforts
Political disagreements in Lebanon regarding a contentious banking bill might hinder the nation’s attempts to finalize an agreement with the IMF and implement necessary reforms during an ongoing financial crisis. This bill stands out among the reforms introduced by Prime Minister Nawaf Salam’s administration since it took office last year. The government aims to reshape […]
Todd Zywicki: Open Banking is Essential for Affordability
New Perspectives on Financial Data Rights The U.S. financial system has always thrived on innovation, competition, and empowering consumers. When the financial sector does well, it benefits everyone—from business owners to workers and families across different backgrounds. The impending rule from the Consumer Financial Protection Bureau (CFPB) regarding Personal Financial Data Rights, particularly Section 1033 […]
A Battle Over Fed Confirmation Might Split Central Banking in Strange Ways
Can the split in the Fed survive? Many Americans envision the Federal Reserve as a single entity with one authority at the helm. When the Fed chair speaks, there’s usually a noticeable ripple effect in the markets, and interest rates react. It gives off the impression of a coherent structure—one leadership, one direction. However, the […]
Lloyds aims to expand its corporate banking efforts in a strategy revamp
Lloyds Banking Group is planning to boost its lending to large corporate clients and broaden its services for financial institutions. This marks a significant shift for the retail banking leader, hinting at possible international expansion. As the largest bank on British high streets, Lloyds is set to make corporate and institutional banking (CIB) a central […]