August 12, 2025

Banking

Banking

Mastercard backs open banking

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Mastercard CEO Michael Miebach expects the open banking trend to keep gaining ground, and seems to prefer that over banks charging for consumer data. The card network chief gave his view on the

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Banking

Why Scottish Mortgage is backing the future of banking for long-term profits

A financial revolution is reshaping how money moves globally, from infrastructure to customer experience.  At Scottish Mortgage, we’re backing the companies rethinking the system from the ground up, providing meaningful exposure for our shareholders right across the value chain.  As with any investment, your capital is at risk. From São Paulo to Singapore, a quiet

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Banking

NewtekOne and Newtek Bank Unveil Real-Time, All-in-One Business Banking + Merchant Solutions in a Single Online Process

BOCA RATON, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) — NewtekOne, Inc. (“Newtek”) (NASDAQ: NEWT) and its national bank subsidiary Newtek Bank, N.A. (“Newtek Bank”) have launched a game-changing innovation for independent business owners: a fully integrated onboarding process that delivers both an approved Newtek Bank true Newtek Zero-Fee Business Banking® checking account and a Newtek

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Banking

Bank of Cyprus: leading the digital evolution of everyday banking

From home loans to youth banking, Bank of Cyprus is redefining financial services with customer-first innovation and a fully digital ecosystem In a rapidly evolving world, where digital expectations are redefining everyday life, Bank of Cyprus is stepping up to shape the future of banking – today. As the largest financial institution in the country,

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Banking

Libyan Islamic Bank enhances consumer banking with Backbase platform

Libyan Islamic Bank (LIB) has enhanced its consumer banking offerings by adopting a platform developed by Backbase. The initiative aims to create a customer-centric operational model that prioritises speed and adaptability in a changing market. The bank’s new mobile application is designed to facilitate easier financial management for users. It includes functionalities such as secure

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Banking

Strategic Merger Reshapes Legal Landscape in Banking & Finance Sector – ThePrint – ANIPressReleases

PNN Mumbai (Maharashtra) [India], August 4: The Indian Bar Council recently amended its rules allowing foreign lawyers and firms in non-litigation domain to practice foreign law, international law and international arbitration in India, on a reciprocal basis, which triggered significant realignments. Show Full Article Amid this shift, SJ Law, a Mumbai- and Delhi-based law firm

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Banking

From Dubai to Pakistan: Mashreq well on its way to $100m expansion in digital banking sector – Business & Finance

KARACHI: Mashreq, a global digital bank headquartered in Dubai, is looking to transform the banking landscape in Pakistan by transitioning from physical branches to digital transactions. At the core of its extended operations to the South Asian country is a key project to digitalize inflows of workers’ remittances from UAE and other parts of the

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Banking

Stock Exchange & Banking Channels Cannot Mask Sham Transactions Carried Out Through Bogus Capital Loss Claim Companies: Calcutta High Court

The Calcutta High Court held that stock exchange and banking channels cannot mask sham transactions carried out through bogus capital loss claim companies. Justices T.S. Sivagnanam and Chaitali Chatterjee (Das) observed that “the entire information contained in the investigation report was apprised to the assessee by the assessing officer and thereafter the show cause notices

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Banking

Grid Dynamics: Banking, AI And $325M In Cash Could Double The Stock (NASDAQ:GDYN)

This article was written by Follow With professional experience in financial advisory within the banking sector, he has developed a strong foundation in portfolio construction and capital markets. His investment approach combines a long-term core of stable, high-conviction holdings with a tactical allocation to more dynamic assets, allowing for rotation based on economic cycles and

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Banking

RBS play makes a drama out of the Scottish banking crisis

Douglas Fraser Business/Economy Editor, Scotland BBC The play examines the banking disaster that brought RBS to its knees Douglas Fraser became BBC Scotland’s business and economy editor on the day Royal Bank of Scotland began its downfall, threatening the world economy. He returns to that story as a new play at the Edinburgh International Festival

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