Digital Banking

Alliance Bank Pioneers Open Banking in Malaysia
Digital Banking & Payments Alliance Bank Pioneers Open Banking in Malaysia

Responding to an extraordinary 112% average growth in digital transactions recorded between 2020 and 2024, Alliance Bank Malaysia Berhad has decisively pivoted its strategy to lead the nation's financial technology revolution. This staggering surge signaled a fundamental consumer shift away from

Are Canada's New AML Fines Missing the Real Problem?
Regulatory & Compliance Are Canada's New AML Fines Missing the Real Problem?

Canada is embarking on a dramatic overhaul of its anti-money laundering framework, introducing financial penalties of a scale previously unimaginable in the country's regulatory landscape. With new legislation poised to increase fines for non-compliance by a factor of forty, the government is

SEPA Payment Automation – Review
Digital Banking & Payments SEPA Payment Automation – Review

The relentless pursuit of operational efficiency within European business has cast a spotlight on the foundational, yet often cumbersome, process of payment collection, making automation more critical than ever. The automation of SEPA payments represents a significant advancement in the European

Rising Threats Demand Stronger Financial Cybersecurity
Regulatory & Compliance Rising Threats Demand Stronger Financial Cybersecurity

The relentless migration of financial services from traditional brick-and-mortar operations to digital-first platforms has created a new frontier of risk, fundamentally reshaping the industry's security obligations. While the convenience of online banking, mobile payments, and instantaneous digital

Ethiopia Launches Ethiopay to Unify Digital Payments
Digital Banking & Payments Ethiopia Launches Ethiopay to Unify Digital Payments

In a significant move to modernize its financial infrastructure and address the persistent fragmentation within its digital payment ecosystem, Ethiopia's national payment switch, EthSwitch S.C., has officially launched a unified national brand known as Ethiopay. This landmark initiative represents

Bizum to Launch a Digital Wallet for In-Store Payments
Digital Banking & Payments Bizum to Launch a Digital Wallet for In-Store Payments

The Spanish digital payments landscape is on the verge of a monumental shift as Bizum, the country's dominant peer-to-peer payment service, prepares to evolve beyond its origins. In a strategic move set to culminate in mid-2026, the company is developing a comprehensive digital wallet designed to

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