July 29, 2025

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

  • July 3, 2025

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

  • July 2, 2025

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

  • July 2, 2025

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

  • July 1, 2025

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

  • July 1, 2025

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

  • June 30, 2025

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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Banking

People’s Bank marks 64 years in SL’s banking sector today – Business News

  • June 30, 2025

Chairman  Prof. Narada Fernando Chief Executive Officer  Clive Fonseka People’s Bank, one of Sri Lanka’s largest state-owned commercial banks, marks 64 years in operation today, affirming its role in expanding formal banking access and advancing financial inclusion.  Over the decades, the bank has adapted to the shifting market dynamics and policy priorities, with the recent

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Banking

AI opens doors to efficient, convenient and personalised banking

  • June 29, 2025

In the global conversation about artificial intelligence, Silicon Valley often takes centre stage. However, a quiet but powerful revolution is unfolding in Asia’s financial sector, where regional banks are leading the charge by tailoring AI to the unique needs of their communities. This hyper-local approach is not only enhancing customer engagement and satisfaction, but also

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Banking

Banking on Intelligence: The Global Sprint to AI Maturity in Finance: By Alex Kreger

  • June 29, 2025

Artificial intelligence is no longer a futuristic buzzword—it’s a present-day battleground for competitive advantage in banking. Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. From virtual assistants to risk

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Crypto

California Passes Bill Allowing State Agencies to Accept Cryptocurrency Payments | Sponsored

  • June 28, 2025

California is in the process of passing several bills designed to further its crypto regulation and acceptance within the state. The Golden State is aiming to establish itself as the most crypto-advanced state in the country by enabling government agencies to accept cryptocurrency payments, while also passing a law that would enable it to seize

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