KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMA) has conducted a detailed SWOT analysis of Pakistan’s Islamic banking sector, highlighting its rapid growth, key challenges, and future potential as the country moves toward full Shariah compliance by 2027. According to the State Bank of Pakistan (SBP) data for September 2024, Islamic banking
Finastra software powers nearly 8,100 financial institutions worldwide, including 45 of the top 50 global banks. Dubai, UAE – Finastra, a global provider of financial software applications, took center stage on the opening day of the Dubai Fintech Summit to spotlight how advanced technologies are transforming banking into a more seamless and customer-centric experience. Siobhan
Government officials, bankers, heads of IT, cybersecurity, risk management and compliance from member banks joined the May 23 ‘Cybersecurity Day 2025’. Supplied As cyber threats continue to grow in complexity and scale, protecting the financial sector has become an urgent priority for Cambodia. The Association of Banks in Cambodia (ABC) convened the “Cybersecurity Day 2025”
Former Gov. Andrew Cuomo is ripping entire chapters out of the playbook of the Democratic party’s far left faction in his bid to become New York City’s next mayor, according to critics and a review of his positions by The Post. Cuomo — who resigned in 2021 amid a barrage of sexual harassment allegations he
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Banking misconceptions abound, according to a new NerdWallet survey. The survey of more than 2,000 U.S. adults,
In this dynamic environment, innovative banking solutions are emerging as powerful catalysts, not only enhancing traditional financial services but also addressing critical societal challenges leading to positive change. This exploration delves into how these advancements are not only expanding access to financial services, fostering financial inclusion for underserved populations, but also building robust defenses against
MP Stuart Anderson has presented his petition signed by 165 residents to the Government and LINK – the operator of the UK’s largest ATM network. Mr Anderson presented his petition after the closure of Lloyds Bank branches in Ludlow and Bridgnorth earlier this week. In January, the Lloyds Banking Group announced plans to close 136
Once a foundation of economic development, Bangladesh’s banking industry is on the verge of becoming its Achilles heel. Crushing non-performing loans (NPLs), poor governance, and stagnant innovation undermine confidence, limit credit expansion, and threaten financial stability. If dramatic changes are not sought, the country may lose one of its main tools for maintaining long-term economic
Robert Breedlove, host of the What is Money? podcast, believes Bitcoin is far more than a portfolio asset—it’s the antidote to a broken financial system. Speaking with Scott Melker on TheStreet Roundtable, he argued that most people misunderstand Bitcoin’s potential because they see it as “just another investment,” instead of “money that no one can
Representational image. Disbursement amount of inward remittances through agent banking rose 20.87 per cent to Tk 1,81,204.73 crore at the end of March 2025. At the end of March 2024, the figure was Tk 149,916.40 crore, which increased in December 2024 to Tk 1,73,390.72 crore, according to the quarterly report on agent banking published by