June 24, 2025

bank

Banking

When is open banking coming to Canada? Ottawa says “at the earliest opportunity”

And the government of Prime Minister Mark Carney did not table a spring budget, which it normally would use to outline its legislative priorities. Natacha Boudrias, leader of the National Bank of Canada’s open banking strategy, said the industry lacks “clarity” on the future shape of consumer-driven banking. She said the spring election likely stalled

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Banking

Open Banking Won’t Work Without Trust. Here’s How We Enable That.: By Mathieu Altwegg

Open banking isn’t just a regulatory shift – it’s a generational opportunity. For the UK, one of the most digitally connected economies in the world, it offers a pathway to make managing money simpler, smarter, and more rewarding. It holds the promise for consumers to move money instantly, access better financial tools, switch providers effortlessly,

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Banking

Newlywed teacher loses life savings in banking scheme

FORT WORTH, Texas (WFAA) – A Texas man has a warning for others after he was defrauded out of $32,000. The teacher says he lost his life savings after answering a phone call from, who he thought was, his bank. However, the call was part of a sophisticated scheme. It felt so real and happened

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Banking

U.S. Bank Tops Javelin Strategy & Research’s 2025 Mobile and Online Banking Scorecards

Shortcomings Underscore Why Two-Thirds of Consumers Look Beyond Their Bank for Help with Their Finances 2025 Digital Banking Scorecard Results Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service

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Mortgage

Mortgage rates likely to stay high through summer analysts say

See the most expensive homes sold in the Des Moines metro in 2024 A look at the most expensive homes sold in Polk, Dallas, and Warren counties. Home mortgage interest rates are unlikely to drop anytime soon, despite comments by the Chicago Federal Reserve CEO during a recent Des Moines visit that rates could drop

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Banking

Banking on Trust: How Belize Balances Privacy and Compliance in the Global Financial System: By Luigi Wewege

In today’s financial world, trust is more than a virtue, it’s a currency. As global banking continues to evolve under the weight of new regulations, data transparency mandates, and geopolitical uncertainty, clients across the world are seeking something increasingly rare: institutions that can both protect their financial privacy and comply with international standards. Belize, quietly

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Banking

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

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

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

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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