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
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 banking industry is undergoing a profound transformation driven by rapid advancements in technology. From fintech innovations to regulatory changes, these shifts are redefining the very fabric of financial services. In this article, we will explore how these technological shifts are shaping the
In a groundbreaking move, Swift has unveiled plans to initiate live trials of digital asset and currency transactions using its network beginning in 2025. The project aims to seamlessly integrate conventional financial systems with emerging digital and bank-led networks, marking a significant
