July 8, 2025

Banking

Banking

Beyond lending: Open Banking lessons from the Public Sector: By Andrew Bonsall

Assessing vulnerability is one of the most pressing challenges facing local authorities today. Yet, many still rely on static indicators, such as postcode, benefit status, or historic income, that only paint part of the picture. These data points often miss the subtle, daily indicators of financial pressure. What’s often missing is a live view

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Banking

Kasikorn Private Banking launches front end tool developed by Synpulse8, empowering Relationship Managers

Using the Synpulse8 Wealth Cockpit as a baseline, the KBank Private Banking and Synpulse team delivered a bespoke RM front-end tool to manage the end-to-end Private Banking customer investment journey. BANGKOK, July 7, 2025 /PRNewswire/ — Synpulse8, the technology arm of Synpulse, is proud to announce the successful implementation of a bespoke front-end relationship manager

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Banking

Finance Minister Nicola Willis eyeing tax settings for banking sector ahead of potential election-year changes

One line says: “You and the Minister of Revenue commissioned Inland Revenue to review whether income tax settings are applying correctly to banks for potential consideration at Budget 2026.″ Following questions from the Herald, the Finance Minister said that as part of its work to address the cost of living, the Government “is taking action

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Banking

UnionBank Private Banking clinches top honors in wealth and legacy planning from Global Private Banker

UNIONBANK Private Banking has once again earned global acclaim, receiving top honors at the Global Private Banker Innovation Awards 2025. It was named Best Private Bank for Succession Planning — Philippines, awarded Excellence in Intergenerational Services — Private Bank, and Highly Acclaimed for Best Private Bank for Client Experience. The Global Private Banker Innovation Awards

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Banking

Banking made easy for NRIs: IDFC First Bank enables UPI access for NRIs using international mobile numbers – Banking & Finance News

IDFC First Bank has introduced UPI (Unified Payments Interface) services for Non-Resident Indians (NRIs), allowing them to make digital payments in India using their international mobile numbers. This move eliminates the need for NRIs to maintain an Indian SIM card and simplifies access to India’s digital payment ecosystem. The service is available to customers holding

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Banking

Banking sector oversold amid tariff issue

PETALING JAYA: The banking sector is oversold amid lingering uncertainties over tariffs, according to Kenanga Research. “Based on past performances, we believe banks are adopting a conservative guidance on loan growth (where concerns may lie on more regionally exposed banks), while asset quality remains a minimal concern,” it said. The research house, which maintained its

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Crypto

Peter Thiel and Billionaire Consortium To Launch New Bank Serving Cryptocurrency Startups: Report

PayPal co-founder Peter Thiel and a handful of other tech billionaires are reportedly launching a new bank partially dedicated to serving crypto startups. According to a new report from Financial Times, Thiel and other investors – such as the CEO of military contracting company Anduril – to create a bank called Erebor, which references to

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Banking

EU frets over government meddling in Spanish, Italian banking mergers – POLITICO

Rome did so by invoking its “golden power,” which was originally designed to stop foreign takeovers from threatening national security. That move did not go unnoticed in Brussels, where officials opened two distinct probes into the matter, led respectively by the financial services and the competition directorates. It has also triggered an exchange under the

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Banking

Vietnam banking on a digitally inclusive future

Rahn Wood, co-founder, Circle Asia Technologies But this transformation is not solely driven by traditional banks or policymakers. At the core of this revolution are fintechs, Vietnam’s agile, innovative engines of change, reshaping the landscape of finance and widening the circle of opportunity for millions. Vietnam’s national digital and financial inclusion strategy aims to ensure

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Banking

Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance

Company announcement No. 16/2025 1 July 2025 Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance Today, Netcompany Group A/S (“Netcompany”) has completed the previously announced agreement of 10 February 2025, namely a transaction between Netcompany, SDC A/S (“SDC”), and a majority of SDC’s shareholders whereby a newly formed

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