June 3, 2025

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Banking

The Convergence of Fintech and Banking: The Gap Between UX and Functionality Is Closing: By Alex Kreger

  • June 3, 2025

In the past decade, the financial landscape witnessed a dramatic transformation driven by two distinct forces: fintech startups and traditional banks. Initially, fintechs emerged as UX-rich but often monofunctional challengers, while banks remained service-rich but struggled with digital customer experience. Today, however, these lines are blurring — fintechs are expanding into full-scale banks, and traditional

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Banking

Bank of Sydney subscribes to Infosys Finacle Digital Banking Suite on AWS Cloud

  • May 20, 2025

MELBOURNE, Australia, May 21, 2025 /PRNewswire/ — Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), and Bank of Sydney (BoS), today announced the bank’s decision to select the Infosys Finacle Digital Banking Suite to power its transformation. Through this strategic collaboration, Bank of Sydney aims to

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Investors

Jamie Dimon Opens the Door to Bitcoin, Warns of Stagflation

  • May 19, 2025

Jamie Dimon isn’t a fan of bitcoin, but he plans to start offering it to clients of JPMorgan Chase, nonetheless. “We are going to allow you to buy it. We’re not going to custody it. We’re going to put it in statements for clients,” Dimon said Monday at the bank’s annual presentation for investors. “I

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Banking

River Valley Community Bank Builds Experienced Banking Team in Roseville

  • May 15, 2025

YUBA CITY, Calif., May 15, 2025 (GLOBE NEWSWIRE) — River Valley Community Bancorp (OTC Markets: RVCB) is pleased to announce the formation of an experienced banking team for its new Roseville branch. This group of skilled banking professionals adds to an existing experienced team, all of which are ready to deliver the kind of personalized,

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Banking

Digital banking units fail to touch a chord with customers – Banking & Finance News

  • May 15, 2025

By Mahesh Nayak The digital banking unit (DBU) initiative — banks’ attempt to connect with the unbanked and the underbanked population using their digital prowess — largely remains on paper three years since its launch, with banks adding just 25 units to the initial 75. Several bank officials FE spoke to remained sceptical about the

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Crypto

AG Hilgers warning Nebraskans of surge in cryptocurrency, romance scams

  • May 1, 2025

(WOWT) – Nebraska Attorney General Mike Hilgers is reporting a surge in romance scams and cryptocurrency-based investment fraud. In a release sent Wednesday, AG Hilgers’ office says they have received reports of multiple victims losing up to six-figure sums in cryptocurrency scams. Officials say Nebraskans are being targeted by scammers and encouraged to make small,

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Banking

Lisa Berger and Ilaria Rawlins Open a New Type of Bank

  • April 21, 2025

The founders of women-owned Fortuna Bank aim to help local business owners grow and thrive. Lisa Berger and Ilaria Rawlins had experienced plenty of success in their careers, but a novel idea to start a women-owned bank was an opportunity they couldn’t turn down. Berger and Rawlins met in 2006, when Berger—at the time a

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Crypto

Low-Cap Altcoin Explodes After Crypto Exchange Binance Announces Perpetual Futures Listing

  • April 20, 2025

A low-cap altcoin is up after the world’s top crypto exchange platform by volume announced the listing of perpetual futures for it. In a new announcement, Binance says it will launch support for Bitcoin (BTC) decentralized finance (DeFi)-focused platform Lorenzo Protocol (BANK) to Binance Futures. Binance’s announcement came on the same day as BANK’s official

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Investment

Meet the Tiny Investment Bank Behind Newsmax’s Rip-Roaring Stock Debut

  • April 1, 2025

Newmax’s stock debut may be the talk of Wall Street, but the investment bank behind the deal is not normally associated with the sector’s splashiest IPOs. Rather than using a large advisory firm like Goldman Sachs or Morgan Stanley, Newsmax tapped a relatively obscure advisor: the Laguna Beach, California-based Digital Offering LLC, which has just

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Banking

Banking trillions: Now let’s blow this table by Joseph Edgar

  • March 30, 2025

In the last few days, Nigerians have been inundated with the staggering sums our banks have declared as profits. Almost all the big banks, collectively termed FUGAZ, have crossed the N1 trillion mark in top-line revenues, leading them to declare billions in dividends. While their stakeholders are smiling to the bank, the rest of us

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