September 25, 2024
Navigating Financial Uncertainty: Whose Advice Do Americans Trust?
As economic uncertainty intensifies, consumers are grappling with a range of financial challenges, from inflation to stagnant incomes. In response, many are seeking financial advice and planning tools to navigate...
September 22, 2024
AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth...
Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab Emirates (UAE) are turning to...
September 18, 2024
German Central Bank: Mergers Must Yield ‘Robust’ Competition
The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. “We need strong and robust banks so that companies can tackle and finance their future tasks,”...
September 18, 2024
Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
For every fragmented ecosystem, there’s a digital innovation being built and scaled to streamline it. The global syndicated loan market, a $7 trillion-plus industry where loans are extended by multiple...
September 11, 2024
Fake Shipments, Fast Cash: Trade Finance Fraud on the Rise
For as long as there have been banks, bad actors have tried to rob them. And as a report from the International Maritime Bureau (IMB), which is part of the...
September 10, 2024
Citizens and Navan Partner on Travel Management Platform
Rhode Island-based regional bank Citizens has partnered with travel and expense (T&E) technology provider Navan to offer a travel management platform to Citizens’ clients. The travel platform includes technology that connects policy...
September 09, 2024
Lloyds Calls for Swift End to British Car Loan Investigation
A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. Great Britain’s Financial Conduct Authority (FCA) said in July that it was extending that probe,...
September 09, 2024
Fides and Mitigram Partner to Improve Communication in Trade Finance...
Fides Treasury Services and Mitigram have partnered to centralize and simplify global multibank connectivity and transaction communications, enabling clients to better manage their trade finance operations. This collaboration brings together...
September 09, 2024
68% of Businesses Plan to Add Instant Payments Within 2...
Instant payments have captivated businesses and consumers with the promise of a more agile financial ecosystem. Despite widespread enthusiasm, however, the transition from traditional payment methods to real-time systems like...