The federal government says it will introduce legislation to implement open banking at its “earliest opportunity” as some advocates warn the project’s momentum may have stalled. Open banking — or consumer-driven banking, as Ottawa calls it — is about allowing Canadians and businesses to securely share their financial data with third parties other than their
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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
In the pre-2008 lending boom, American banks sold their dodgiest “subprime” loans to investors around the world. When the U.S. housing bubble burst and borrowers defaulted en masse, a global financial crisis ensued. Brussels now wants to loosen the rules governing the practice, meaning banks would need to put aside less capital against the loans
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
DUBAI, United Arab Emirates, June 11, 2025 (GLOBE NEWSWIRE) — tpay, the leading payment connector in the META region, has published a new white paper highlighting how Open Banking is accelerating financial innovation and inclusion across the region. The white paper explores the rapid rise of fintech in the Middle East, where updated licensing frameworks
The overall winner of Sail GP NYC ’25 was team Spain, sponsored by the Spanish bank Santander. Their … More driver, Diego Botín, is a direct descendant of the bank’s founder. Getty Images New York City’s waterfront isn’t just a postcard-perfect backdrop for foiling catamarans. It is also a growing arena for business. SailGP returned
The banking sector is undergoing a transformative revolution largely driven by the rapid rise of financial technology, commonly known as fintech. Fintech companies leverage cutting-edge technologies, such as artificial intelligence, blockchain, cloud computing, and big data analytics, to offer innovative financial products and services. This digital disruption has challenged the traditional banking model, which has
UK retail bank NatWest has recently apologised after a wide‑scale mobile banking outage left millions of customers locked out today. Starting just before 9 am on Friday, June 6, the bank’s mobile app—used daily by over 10 million people—suffered a technical failure that prevented logins and balance access. What Happened at NatWest’s IT Outage? NatWest experienced a
NASHVILLE, Tenn., June 05, 2025 (GLOBE NEWSWIRE) — Truxton is pleased to announce the promotion of several distinguished members of its team, recognizing their outstanding contributions to the Truxton Banking team’s continued growth and success. Lindsey Heird, Lizzie McKeand, and William Benson have each been promoted to Senior Vice President, Truxton Banking. These veteran bankers