Banking

Schwab survey shows bullishness among traders reaches highest level in two years

Traders are feeling better about the markets than they have any time in the past two years with 56% reporting a bullish outlook for the next three months, up ten points from the second quarter. This is according to the latest Charles Schwab Trader Sentiment...

The world is introduced to PayPal Everywhere

PayPal has ushered in a new era for customers, making it easier and more rewarding than ever to shop and pay with PayPal anywhere, anytime – both in stores and online. Now, customers have access to rich rewards, stackable cash back offers in the PayPal app, a...

Revolut doubles down on business accounts and launches Revolut BillPay as global annualised revenues surpass US$500 million

Revolut, the global FinTech with more than 45 million customers worldwide, has announced it is doubling down on business accounts as global annualised revenues of its business-to-business (B2B) offering, Revolut Business, have surpassed US$500mn. Globally,...

Five things banks should know about their evolving customer preferences to stay competitive in 2024

Recently, FinTech in the Middle East and North Africa has experienced notable changes due to advancements in technology and shifts in consumer habits. Making it more important than ever for banks in the region to grasp and meet the evolving preferences of...

Driving growth in Saudi Arabia’s digital payment landscape

Network International is making bold strides into Saudi Arabia, driven by ambitious goals and a vision for the future. In an exclusive insight, Al-Dahmash, Managing Director for KSA at Network International, reveals the company’s dynamic strategy, unique m...

Digital lending offers GCC Banks effective inroads into the vital SME segment

Sara Hoteit, Regional Manager, Middle East at Backbase, explores how digital lending empowers GCC banks to capture the SME market by offering personalised, efficient financial solutions, driving growth and fostering long-term relationships.  The ...

How the EU AI Act will impact financial institutions

The EU AI Act, which came into force on 1 August 2024, is a significant legislative development for financial institutions (FIs). With provisions starting to apply over a period of six to 36 months, most of the Act’s rules will be enforceable after two y...

Off the Books: Chirag Shah, Founder and CEO of Nucleus Commercial Finance

In this interview, Chirag Shah, Founder and CEO of Nucleus Commercial Finance, discusses his journey from investment banking to establishing Nucleus, sharing his insights on alternative finance for UK SMEs and the innovative strategies driving Nucleus’s s...

Navigating new norms: Keys to FinTech success

In this exclusive piece, David Osborne, CEO of Caseware and former leader of Virgin Pulse, shares his key advice for professionals and entrepreneurs in FinTech seeking to accelerate their careers. From the importance of relationship-building and continuous...

Is company culture stifling banking modernisation?

In this article by Steve Round, President and Co-Founder of SaaScada, we explore how entrenched company culture in traditional banks may be hampering their ability to modernise and compete with more agile FinTechs and challenger banks. The reluctance to...

Roper Technologies to acquire Transact Campus 

Roper Technologies, announced that it has entered into a definitive agreement to acquire Transact Campus, for a net purchase price of US$1.5 billion, including a US$100 million tax benefit resulting from the transaction. The net purchase price represents...

Klarna customers can ‘save now, pay later’ with new balance and cashback features

Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks a significant step forward i...