In recent years, the global banking sector has faced a technological restructuring as financial institutions navigate the integration of application programming interfaces (APIs) into their core operations. These digital connectors, which enable different software systems to communicate, are reshaping traditional banking models and creating new market dynamics across the industry. Moshe Winegarten, Chief Revenue Officer
Open Banking, which is already gaining popularity in Europe and parts of Asia, is now becoming a crucial factor in Africa’s digital financial transformation. The continent’s dependence on mobile money, along with a growing range of fintech solutions, creates a promising environment for Open Banking. According to Agpaytech’s latest research report, this initiative has the
EOS market cap explodes past $1.2 billion as Vaulta reveals four core pillars for the rebranded financial network. The protocol’s 17% staking mechanism dwarfs Ethereum and Solana, boosting EOS’s position as a strong player. EOS announces exSat, a bridge for Bitcoin and a core gateway to the blockchain ecosystem that fosters access to liquidity. The
UBS received 22 awards across various categories, including “The Middle East’s Best for Family Office Services,” “Saudi Arabia’s Best for Family Office Services” regionally, and “The World’s Best for Family Office Services” and “The World’s Best for Next Gen” internationally. Dubai – UBS has been named “The Middle East’s Best for Family Office Services” and “Saudi
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Stock trading platform Robinhood seeks to dive deeper into financial services with the launch of a banking product later this year. Robinhood Banking, set to be rolled out this fall, will offer checking
On March 28, the Federal Deposit Insurance Corporation (FDIC) rescinded Biden administration guidance1 related to state-chartered banks” participation in “crypto-related activities” and published a new interpretation of the scope of permissible crypto activity for the insured depository institutions for which it is the primary regulator (the Crypto Letter).2 As discussed below, while similar to guidance issued by the Office
Pathward has been named “Best Banking as a Service Solution Provider” in the 9th annual FinTech Breakthrough Awards program. Through its fintech partnerships, Pathward offers various payments solutions through retailers and other consumer-facing businesses. Prestigious annual awards program honors outstanding financial technology products and companies around the world SIOUX FALLS, S.D., April 02, 2025–(BUSINESS WIRE)–Pathward
JP Morgan is advancing plans to transform its Lagos representative office into a fully-fledged business branch as part of a broader strategy to expand its presence across Africa. The US bank, which has operated in Nigeria since the 1980s, intends to apply to the Central Bank of Nigeria (CBN) for a merchant banking license in
This is an audio transcript of the Behind the Money podcast episode: ‘Why Islamic banking is taking off’ Saffeya Ahmed It’s a March morning in Islamabad, and my colleague Humza Jilani is out at a branch of Pakistan’s most successful bank: Meezan Bank. It’s almost the end of Ramadan, and the big celebration of Eid
BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. Banco Santander SA has won a Canadian banking license as it continues its expansion across the Americas. Canada’s banking regulator, the Office of the Superintendent of Financial Institutions, issued an order for Santander Consumer Bank to