Roman Elsohvili is the Founder and CEO of XData Group, a B2B software development company with a focus on the European banking sector. getty The digital banking industry is growing at a rapid pace these days, with projections putting it at over $32 billion in size by 2035. For comparison, in 2024, this market stood
Parijat Banerjee is the Global Business Head for the Banking, Financial Services, and Insurance (BFSI) industry at LatentView Analytics. getty Think about how differently customers interacted with financial institutions in the ’80s and ’90s. Back then, every withdrawal meant a physical visit to the ATM, and more complex transactions required queuing up at the bank.
President Trump’s first administration laid the foundation for open banking in the United States through market-oriented principles. His second administration now has the opportunity to build upon this foundation, write Jason Rosen and Noah Gold, of Prism Data.Adobe Stock In light of the Consumer Financial Protection Bureau’s recently finalized rulemaking under Section 1033 of the
Sara Ratner, President of Government Programs, Nomi Health. getty Many Americans have been breaking their silence in recent months about their experiences with healthcare. Across the nation, people have shared their stories about how they had turned to healthcare in their moments of greatest vulnerability but instead found themselves fighting for coverage, battling denials and
While the Act has received Presidential assent on April 15, 2025, the date of implementation for its various provisions will be notified separately. The government has notified the Banking Laws (Amendment) Act 2024, which allows bank account holders to have up to four nominees in a bank account, among other provisions. However, the date for
With Finastra Essence, the bank will fast-track its digital transformation strategy and offer a comprehensive range of innovative retail and corporate banking services Dubai, United Arab Emirates – Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking services in Libya, has selected its core
As the Nigerian market continues to navigate through uncertainties, one strategy that is worth considering is investing in dividend-paying stocks. They offer investors a reliable way to earn a passive income while navigating market volatility. Echoing this, experts during a recent episode of “Drinks and Mics“ titled “How a Global Recession Will Impact Nigeria” recommended investing
To create this list, Forbes Advisor analyzed 226 business checking accounts at 79 financial institutions, including a mix of traditional brick-and-mortar banks and online banks. We ranked each account on data points within the categories of fees, minimum requirements, customer experience, digital experience, limits, features, APY and access. Here’s the weighting assigned to each category:
Seven years after he fled India just before the discovery of an astronomical Rs 14,000 crore scam, fugitive diamantaire Mehul Choksi was arrested in Belgium on Saturday. The Belgian Justice Department on Monday confirmed to NDTV that the disgraced businessman was in detention. It further said that India initiated the request for his extradition. The
Seven years after he fled India just before the discovery of an astronomical Rs 14,000 crore scam, fugitive diamantaire Mehul Choksi was arrested in Belgium on Saturday. The Belgian Justice Department on Monday confirmed to NDTV that the disgraced businessman was in detention. It further said that India initiated the request for his extradition. The