On March 13, 2025, the US Senate Banking Committee passed the Guiding and Establishing National Innovation for US Stablecoins Act of 2025 or “GENIUS Act,” out of committee by a vote of 18-6. The legislation would establish for the first time a comprehensive regulatory framework for the issuance and regulation of payment stablecoins in the
At the 2025 Economic Conference held by Ma’ariv and Walla at the Carlton Hotel in Tel Aviv, Bank Leumi CEO Hanan Friedman addressed the struggles confronting Israeli society amid the war. He opened his remarks by mentioning the resurgence of hostilities in Gaza: “No one considered canceling this conference; this serves as further proof
The Ulster Bank, Lisnaskea. Posted: 11:58 am March 20, 2025 By Roisin Henderson r.henderson@fermanaghherald.com THERE has been deep disappointment after it was confirmed Lisnaskea will not be getting its own banking hub, or even its own 24 hour ATM. The second biggest town in Fermanagh, Lisnaskea has been without a bank for over a year
LONDON : NatWest and OpenAI have joined forces to enhance the lender’s digital assistants and customer support processes using artificial intelligence, in the first collaboration of its kind with a UK-headquartered bank. The lender has put AI at the heart of key strategies to improve customer experience, cut costs and play its part to reduce
FirstBank Ghana has introduced its Private Banking and Wealth Management service to its customers, a new offering tailored to cater to high-net-worth individuals and help them preserve and grow their wealth. With its longstanding expertise and a strong customer-centric approach, FirstBank is confident that its new Private Banking and Wealth Management service will expand the
Digital transformation and alternative formats Santander has indicated that digital engagement continues to strengthen, with over one-fifth of current accounts now opened through online channels. The bank has experienced a 56% increase in mobile banking users as customers shift away from traditional branch-based services. As part of its evolving physical presence strategy, Santander is expanding
Abu Dhabi: The role of Abu Dhabi’s banking sector in strengthening the emirate’s global economic position will be explored in depth in The Report: Abu Dhabi 2025, following a Memorandum of Understanding (MoU) signed between Oxford Business Group (OBG) and the UAE Banks Federation (UBF). The collaboration aims to provide key insights into Abu Dhabi’s
Barry Bannister predicts a zigzagging S&P 500 resembling a W pattern this year. He expects a bounce to 5,800 but warns of another dip due to inflation concerns. Bannister favors value, international, and small-cap stocks. Here’s what Barry Bannister says the S&P 500’s price chart will look like this year: W. “It’s going to be
Julien Villemonteix is the CEO of UpSlide, a software company that creates documents for investment banking and financial advisory firms. getty If 2025 is the year investment banking M&A makes a comeback, which banks will dominate deal-making in the market? Following several years during which higher central bank base rates and macroeconomic uncertainty have dampened
Fintech is transforming at an unparalleled level, and among the main catalysts for such transformation are open banking APIs. Application programming interfaces allow banks to safely exchange customer data with third-party providers, fostering a more innovative, competitive financial landscape. Instead of banking silos, open banking introduces a coherent, integrated landscape where consumers and businesses can