NBS Bank, a major financial institution in Malawi, recently made headlines by announcing its transition from the Temenos T24 core banking system to Oracle's Flexcube. This decision marks a significant technological shift for the bank, aligning with broader global trends in the banking
Nasdaq has unveiled a groundbreaking machine learning methodology specifically designed to revolutionize risk calculations and predictive analytics within the financial services industry. Integrated into the Calypso platform, this innovative technology promises to enhance the processing of complex
Standard Chartered has recently made significant strides in sustainable finance by launching new variants of their Bonded Bulk Trading Loans (BBTL). This initiative marks a pivotal moment in the bank's efforts to incorporate environmental, social, and governance (ESG) criteria into their trade
The finance sector has undergone a profound transformation due to the rapid advancements in technology over recent years. Emerging technologies like automation, artificial intelligence (AI), and blockchain are continually reshaping traditional financial practices, rendering them more efficient and
The financial technology industry and the banking sector have been witnessing significant developments. Two recent stories stand out: the Financial Technology Association (FTA) challenging the Consumer Financial Protection Bureau (CFPB) over new rules for buy now, pay later (BNPL) services, and a
The launch of Bloomberg's new solution aimed at assessing nature-related impacts and dependencies across up to 45,000 companies marks a significant development in sustainable investing. This aligns with the growing recognition of the necessity to manage biodiversity sustainably, with
