ISTANBUL Türkiye is prioritizing participation finance as global cooperation plays a key role in the growth of participation finance worldwide, the head of Türkiye’s Investment Office told Anadolu. Participation finance is a financial approach that promotes shared risk and reward between parties, emphasizing ethical and interest-free transactions. On July 10-11, Türkiye’s Investment Office held a
Key takeaways: Embedded finance integrates financial services like payments, lending, banking, and insurance directly into non-financial digital platforms. Businesses use embedded finance to improve customer experience, boost revenue, and gather valuable data insights. While embedded finance offers many benefits, it also brings technical challenges, regulatory responsibilities, and cybersecurity risks. Companies like Relay, Ramp, and The
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
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
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
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,
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
Chris Britt, co-founder and chief executive officer of Chime Financial Inc., during the company’s … More initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, June 12, 2025. © 2025 Bloomberg Finance LP OBSERVATIONS FROM THE FINTECH SNARK TANK Chime launched its IPO with a splash. Shares jumped as much as
The Indian finance and banking sector is experiencing a phenomenal change. Accelerated digitisation, the emergence of fintech start-ups, and increasing customer expectations are revolutionising the way the financial sector works. With this change comes an unprecedented set of challenges—especially in a nation as linguistically and digitally diverse as India. Language remains one of the biggest
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