The financial sector is undergoing a seismic shift, and at the epicenter of this transformation is financial technology, or fintech. The rise of fintech is redefining how we save, invest, lend, and manage our money. As traditional banking models evolve or get challenged by these new digital
In an era where digital banking is rapidly gaining traction worldwide, Hong Kong stands out as a prime example of this burgeoning trend. According to a new survey conducted by the Hong Kong Association of Banks (HKAB), confidence in digital banks among the city's residents and businesses has
North Bay Credit Union (NBCU) is making significant strides in its Banking as a Service (BaaS) program by forming a strategic partnership with Braid, a leading payments and treasury management platform. This collaboration is set to enhance NBCU's ability to support fintech companies in
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
Santander, the Spanish banking behemoth, has officially launched its digital banking subsidiary, Openbank, in the United States. This marks a substantial step in Santander’s strategy to expand its footprint and services in the lucrative US market. With this move, Openbank aims to challenge both d
In the ever-evolving world of finance, Siam Commercial Bank (SCB), one of Thailand’s leading financial institutions, has embarked on an innovative journey to revolutionize cross-border payments through the adoption of stablecoins. This initiative not only promises to enhance efficiency but also to p
