August 24, 2025

Banking

Finance

How AI is Redefining Financial Infrastructure: From Embedded Lending to Autonomous Finance: By Raktim Singh

🧭 Introduction: From Digital Efficiency to Intelligent Infrastructure We are entering the most transformative decade in financial services since the birth of digital banking. What began as a wave of mobile-first interfaces and API integrations is now evolving into something much deeper—AI-powered infrastructure that can learn, adapt, and reason. AI is no longer just a

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Banking

Citibank, Spiral Binding to cut 200 North Jersey jobs

3-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com A local North Jersey manufacturer and a banking giant are laying off nearly 200 people combined in the coming weeks, according to public notices filed with the New Jersey Department of

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Banking

Banking sector likely to remain resilient in 2H25

PETALING JAYA: The banking sector appears poised to maintain its resilience into the second half of 2025, despite expectations of a quarter-on-quarter (q-o-q) uptick in loan loss provisioning (LLP) during the second quarter of financial year 2025 (2Q25). Industry-wide indicators show manageable risks amid stable credit trends and a modest slowdown in loan growth. According

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Banking

NewtekOne and Newtek Bank Unveil Real-Time, All-in-One Business Banking + Merchant Solutions in a Single Online Process

BOCA RATON, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) — NewtekOne, Inc. (“Newtek”) (NASDAQ: NEWT) and its national bank subsidiary Newtek Bank, N.A. (“Newtek Bank”) have launched a game-changing innovation for independent business owners: a fully integrated onboarding process that delivers both an approved Newtek Bank true Newtek Zero-Fee Business Banking® checking account and a Newtek

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Banking

5 high-ROI uses of RAG models in banking and fintech: By John Adam

General purpose AI tools like ChatGPT often require extensive training and fine-tuning to create reliably high-quality output for specialist and domain-specific tasks.   And public models’ scopes are simultaneously limited to and diluted by training materials. Output is based on their range of unidentified training material so it may diverge from output that needs to

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Banking

China Banking Corp. posts record P13B net income

MANILA, Philippines — The SY family-led China Banking Corp. (Chinabank) posted a record net income of P13 billion in the first half of 2025, marking a 14 percent increase from P11.4 billion in the same period last year, driven by strong core business expansion. The bank attributed the earnings surge to higher revenues, particularly in

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Banking

TĂĽrkiye, Syria talk banking, insurance co-op amid reconstruction push

Representatives from TĂĽrkiye’s Treasury and banking sector met with Syrian officials to explore potential cooperation in banking, insurance and public finance as part of broader efforts to support the war-torn nation’s reconstruction. The meetings included officials from TĂĽrkiye’s Treasury and Finance Ministry, the Banks Association of TĂĽrkiye (TBB) and the Participation Banks Association of TĂĽrkiye

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Banking

New Social Network Media.com to Champion Online Consumer Protection as Australian Banking Association’s Annual Conference Sponsor

SYDNEY, July 21, 2025 (GLOBE NEWSWIRE) —  Media.com, the world’s first and only social network built entirely on verified users and trusted content, is proud to announce its sponsorship of the Australian Banking Association’s (ABA) Annual Banking Conference taking place July 23-24, 2025 at the International Convention and Exhibition Center (ICC) in Sydney.   As an

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Banking

Blackcatcard Simplifies Digital Finance: Instant Access, Smarter Spending, and Global Banking in One Tap

Malta, July 18, 2025 — As the financial world shifts toward decentralized tools, faster access, and global mobility, Blackcatcard is emerging as a champion of accessible, intelligent digital banking. Designed to eliminate traditional barriers to finance, Blackcatcard empowers users with instant account access, smart money tools, and crypto-ready features—all from one intuitive dashboard. With its seamless

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Banking

Spain violated EU rules by meddling in banking merger, says Brussels – POLITICO

Brussels vs national capitals The Commission has been in talks with Spain over the case since last year. After the complaint, the Spanish government will have two months to respond. After that, the Commission can challenge the Spanish government at the EU’s top court, in a procedure which could last years and result in major

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