Establishing trust in the banking sector is the main focus for the new BB governor
Prime Minister Moskul emphasizes interest rate reduction as a priority for economic growth Mostakur Rahman, the recently appointed governor of Bangladesh Bank, stated that rebuilding trust and discipline within the banking sector will be his chief focus as he begins his role. He mentioned, “Inshallah, my first step will be to hold discussions with everyone […]
8 ways new AI regulations will impact your banking experience in the UAE
Overview of the New AI Guidance Here’s a brief breakdown of what the new guidelines entail. 1. Protecting Consumer Rights The guidance aims to “ensure that consumer rights are protected” as banks increase their use of AI. This means that the move towards faster digital services must not compromise fairness, transparency, or trust. 2. Responsible […]
Some Golden 1 Credit Union customers cannot access online banking after system update
Some customers of Golden 1 Credit Union are encountering difficulties with the digital banking system due to recent modifications. While reports suggest that banking systems are down, an email from the bank last week informed customers of three steps they needed to follow for a smooth transition to the new digital banking setup. They had […]
JPMorgan Names Ripple’s XRP as the Preferred Cryptocurrency for Banking
JP Morgan identifies Ripple’s XRP as a leading digital asset for institutions at Sberbank briefing According to a recent report by JPMorgan Chase, prepared for Sberbank, Ripple’s XRP has been recognized as the most appealing digital asset for financial institutions. This statement, highlighted by cryptocurrency researcher SMQKE, has spurred renewed discussions about XRP’s appeal within […]
JPMorgan negotiating to provide banking services for Trump’s Board of Peace, according to a report.
JPMorgan in Talks for U.S.-Led Peace Commission JPMorgan Chase & Co. is reportedly in negotiations to serve as the financial institution for a new U.S.-led Peace Commission aimed at Gaza reconstruction, an initiative put forth by President Donald Trump as a substitute for the United Nations. Financial leaders on Wall Street are exploring options for […]
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 […]