One of the UK’s biggest high street lenders, NatWest, has confirmed it will not be placing a bid for rival bank TSB, narrowing the field of potential suitors for the Spanish-owned retail lender. The decision comes as NatWest also prepares to shut a number of its branches across the UK in 2025, part of a
A new version of the Android malware “Godfather” creates isolated virtual environments on mobile devices to steal account data and transactions from legitimate banking apps. These malicious apps are executed inside a controlled virtual environment on the device, enabling real-time spying, credential theft, and transaction manipulation while maintaining perfect visual deception. The tactic resembles that seen in
Boosting job skills is a crucial step for economic growth, and in Texas, a substantial grant is paving the way for enhanced training in the commercial banking sector. Governor Greg Abbott announced that the Texas Workforce Commission has awarded a $262,944 Skills Development Fund grant to Workforce Solutions Lower Rio Grande Valley, as reported on
Bankers from across the state participated in the fourth year of the Louisiana Tech University School of Banking, June 2-6, in Ruston. Presented by the College of Business in collaboration with the Louisiana Bankers Association, the weeklong professional development program expands the skills and knowledge base of rising bank leaders. The 83 participants engaged in
Suryoday Small Finance Bank said customers will have a dedicated Relationship Manager and get unlimited ATM transactions across all banks in India. Suryoday Small Finance Bank (SSFB) has introduced its upgraded “Espire” Premium Banking Programme, which includes enhanced family health protection and travel benefits, for its existing customer base. This programme, which is available in
And the government of Prime Minister Mark Carney did not table a spring budget, which it normally would use to outline its legislative priorities. Natacha Boudrias, leader of the National Bank of Canada’s open banking strategy, said the industry lacks “clarity” on the future shape of consumer-driven banking. She said the spring election likely stalled
Smart hopes that a younger Georgia team has something to prove. It certainly has plenty of doubt, in a way previous and more experienced Georgia teams haven’t faced. Georgia entered last season as the No. 1 team in the preseason AP Top 25. That likely won’t be the case entering this season, as most early
Open banking isn’t just a regulatory shift – it’s a generational opportunity. For the UK, one of the most digitally connected economies in the world, it offers a pathway to make managing money simpler, smarter, and more rewarding. It holds the promise for consumers to move money instantly, access better financial tools, switch providers effortlessly,
On 19 June, the Bank of England announced that the base rate would remain steady at 4.25%. This rate serves as a benchmark for banks and lenders to set interest rates on savings accounts, mortgages, and credit cards. Although the inflation rate remains above the bank’s target of 2%, the committee opted for a cautious
The recent dip in banking stocks triggered by the Central Bank of Nigeria’s (CBN) new forbearance policy may be more of an opportunity than a threat, according to Ugodre Obi-Chukwu, CEO of Nairametrics. Speaking on the business show MoneyLine with Nancy, during a segment titled “CBN Policy on Forbearance,” Mr. Obi-Chukwu suggested that the decline