Company announcement No. 16/2025 1 July 2025 Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance Today, Netcompany Group A/S (“Netcompany”) has completed the previously announced agreement of 10 February 2025, namely a transaction between Netcompany, SDC A/S (“SDC”), and a majority of SDC’s shareholders whereby a newly formed
FTI Consulting appointed banking and payments expert Christopher Allen as a senior managing director in the financial services practice within the forensic and litigation consulting segment. Allen, who is based in Charlotte, has more than 30 years of experience in financial services, in both industry and advisory positions, supporting payment strategy, customer experience and operations
The beauty world is ever evolving and no where is that more evident than in our skincare routines. From the emergence of new ingredients to breakthrough formulations, the skincare world is constantly innovating which is great news for anyone who strives to keep their skin looking its best. In truth, however, while there are a
AI Agents – a sophisticated type of software capable of planning, reasoning, and executing tasks independently – are fast becoming a serious consideration for banks looking to streamline operations and boost resilience. With organisations like the World Economic Forum (WEF) touting the transformational potential of Agentic AI, banking leaders must focus not only on the
I have been writing about the danger of non-performing loans (NPLs) and the related threat to the stability of the banking sector since 2012. Some 13 years later, the problem has escalated astronomically with little signs of reversal. The problem was somewhat muted between FY2012 and FY2020, but has gotten out of hand since then.
Crypto has a chance to court traditional finance players, who are already looking at non-traditional financial technology after being let down by banks, says Aave Labs founder Stani Kulechov. “Thanks to horrible banking experiences, we’ve seen a lot of finance coming into fintech, and fintech applications [have been] able to capture a lot of market
IBPS PO Notification 2025 Released for 5000 Vacancies – Apply Now for a Career in Banking! The Institute of Banking Personnel Selection (IBPS) has released the notification for the position of Probationary Officer (PO) today, July 1, 2025. A total of 5208 vacancies have been reported this year. Interested and eligible candidates can apply on
Security researchers at Zimperium zLabs, a mobile security software provider, have uncovered a sophisticated evolution of the “GodFather” banking malware, which employs an advanced on-device virtualization technique to hijack legitimate mobile applications, with a significant focus on banking and cryptocurrency apps. This malware is substantially more dangerous than many existing mobile device threats, according to
Chairman Prof. Narada Fernando Chief Executive Officer Clive Fonseka People’s Bank, one of Sri Lanka’s largest state-owned commercial banks, marks 64 years in operation today, affirming its role in expanding formal banking access and advancing financial inclusion. Over the decades, the bank has adapted to the shifting market dynamics and policy priorities, with the recent
The Financial Technology Association filed a motion for summary judgment in federal court late Sunday, defending a final rule on consumer financial data rights that the Consumer Financial Protection Bureau under the Trump administration refused to uphold. The FTA said in a court filing that consumers cannot share their data without easy access from banks.