July 6, 2025

Banking

Banking

Former banking data center in Connecticut set to be demolished after funds secured from state

A long-vacant enterprise data center in Connecticut is set to be demolished after securing funding from the state. Governor Ned Lamont last week announced the release of $18.8 million in state grants for the assessment and remediation of 227 acres of contaminated land across Connecticut. Via the Connecticut Department of Economic and Community Development’s (DECD)

Read More
Banking

NGX Banking Index slips over 3% as investors dump banking stocks in early pre-market 

The NGX Banking Index opened in the red on Monday, June 16, 2025, as investors dumped major bank stocks in reaction to a policy shift announced last week by the Central Bank of Nigeria (CBN). Although the banking index staged a recovery from its earlier losses of over 7% in pre-market trading, it still ended

Read More
Banking

Why Digital Banking is a Game-Changer for Global Business Expansion

In today’s interconnected world, businesses are no longer confined by geographical boundaries. Companies of all sizes—from startups to multinational corporations—are expanding across borders to reach new markets. However, traditional banking systems often pose barriers, including slow transaction speeds, high fees, and complex international banking requirements. This is where digital banking has emerged as a game-changer,

Read More
Banking

One-Tap Payments Finally Come to Open Banking

Wollette announces the upcoming launch of its revolutionary payment experience, set to go live in Q4 2025 LONDON, June 16, 2025–(BUSINESS WIRE)–Wollette, the British technology company redefining commerce, payments, and consumer engagement, today announces WollettePay – a bold new way to pay. Designed to combine the speed of one-tap checkout with the power of open

Read More
Banking

Redefining Customer Experience And Risk Management

Suat Bakkal is the CEO of BKT Kosova. getty Artificial intelligence (AI) is more than a buzzword—it is a strategic tool reshaping the way banks operate, serve customers and manage risks. At my company, we see AI as a transformative force, particularly in a market that is developing rapidly and seeking inclusive, efficient financial solutions.

Read More
Banking

Why Dissatisfaction Signals A Need For Change

Rodrigo Silva is President – Americas at Temenos, the banking software company. getty The core banking systems that power most financial institutions in the U.S. have been quietly working behind the scenes for years (in some cases, decades), but recent findings suggest they may have reached a tipping point. According to the American Bankers Association’s

Read More
Banking

Commercial Bank gets ‘Best Mobile Banking App’ award from International Finance

The CBQ Mobile App is a standout example of the bank’s core values; innovation, accessibility, and a strong focus on user experience Commercial Bank, a leader in innovative digital financial solutions, has been recognised with ‘Best Mobile Banking App – Qatar 2025’ from International Finance. Innovation is the foundation of Commercial Bank’s strategy; it is

Read More
Banking

United Commercial Bank launches microservices-based open API banking platform

Sun Jun 15, 2025 09:32 PM Last update on: Sun Jun 15, 2025 09:32 PM Star Business Desk Sun Jun 15, 2025 09:32 PM Last update on: Sun Jun 15, 2025 09:32 PM Mohammad Mamdudur Rashid, managing director and chief executive officer of United Commercial Bank PLC, inaugurates the microservices-based open API banking platform at

Read More
Banking

And how to get a new account in less than “one to two weeks”

My triumphant story of opening a bank account in six hours – after being told it could take four weeks – was met with cheers from my husband, who was away overseas. I felt like I’d pulled off a heist. And I waxed lyrical about my saviour who worked at the bank branch. I initially

Read More
Banking

The credit card tools hiding in your banking app

If you’re using your credit card issuer’s app or website just to pay your bills and check in on some recent transactions, you’re only tapping into a fraction of the features available to you. We’ve been able to pay bills online for more than 25 years, but that’s table stakes now. Banks are competing with

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline