The Philippine financial system experienced substantial growth with a 7.9% increase in resources, reaching P33.66 trillion in January from P31.18 trillion the previous year, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP). This considerable expansion predominantly stems
The rapidly evolving landscape of cybersecurity regulations is reshaping the way financial institutions operate, posing new compliance challenges as they strive to adapt to stringent measures imposed by the Digital Operational Resilience Act (DORA) and the New York Department of Financial Services
Fintechs are facing tumultuous times. While industry growth abounds—projected to be worth USD 394.88 billion in 2025—a range of challenges continue to emerge when it comes to compliance. Just recently , the Department of Justice reached a settlement with Aux Cayes FinTech Co. Ltd., an affiliate of
Kofi Ndaikate is well-versed in the dynamic world of Fintech. His expertise spans various industry areas, from blockchain and cryptocurrency to regulation and policy. Today, we’re going to discuss the current state of the stablecoin market, business model sustainability, emerging competition, and i
Choosing the right cryptocurrency to invest in can be daunting due to the dynamic nature of the market. As March 2025 approaches, Qubetics, XRP, and Algorand stand out as promising investment options. This article explores their potential, highlighting the strengths and innovations that could shape
The partnership between Ingo Payments and Securely aims to transform the landscape of real-time merchant settlements with advanced ledgering and payment capabilities. As fintech continues to evolve, companies require efficient and transparent payment systems to stay competitive. This transformative
February 2025 marked a transformative period for the wealth management technology industry, characterized by pivotal changes and emerging trends that are set to redefine the sector's landscape. The spotlight has been cast on the era's significant developments, including the looming
Fraud in the digital age has evolved into a multifaceted threat, presenting complex challenges for businesses across various sectors. As organizations continue to digitize their operations to stay competitive, they find themselves increasingly vulnerable to financial fraud, identity theft, and
Managing retirement plans, such as 401(k)s, comes with significant responsibilities under the Employee Retirement Income Security Act of 1974 (ERISA). A central question for plan sponsors is whether they are breaching their fiduciary duties when they fail to remove underperforming investment
In an ambitious effort to close the widening skills gap in cybersecurity and artificial intelligence (AI), the Kyndryl Foundation has announced an expansion of its funding initiatives to an additional five countries, bringing its total reach to eleven. This expansion, now in its second year, aims
