Banks line up to embrace stablecoins

Stablecoins have gotten a lot of attention in recent months, pushing financial institutions to consider how to respond to the trend. The result has been a rush of news of banks kicking the tires on bank-issued stablecoins — developing their own...

Bankrupt Pakistan gets loan of Rs 2840000000000 from..., India plans to...

Home News Bankrupt Pakistan gets loan of Rs 2840000000000 from…, India plans to… Disregarding India’s concerns, the IMF maintained that Pakistan had met all the necessary conditions for the loan. India, however, has voiced fears that the funds...

ASIC cancels Ballast’s financial services licence

Bank CEOs provide vital relief to Niger flood victims, pledge long-term support

In a remarkable act of corporate social responsibility and empathy, the Body of Bank CEOs in Nigeria has donated essential relief materials to victims of the recent devastating floods in Niger State, while pledging continued support for long-term...

MPS Partners With Salt Edge To Launch PSD2‑Compliant Open Banking APIs For Retail And Corporate Accounts

Belgium’s regulated payment institution, Mobile Payment Solutions (MPS), has partnered with open banking leader Salt Edge to launch its PSD2-compliant APIs. Initially available in the Netherlands and France for both retail and corporate accounts,...

Karnataka Bank Shares tumble Amid a Pattern of Regulatory Troubles

Karnataka Bank experienced a significant market setback on Monday, June 30, 2025, with its stock price declining by up to 5.75% following the unexpected departure of senior leadership. The market reaction came after Sunday's announcement that...

Kazakhstan’s National Bank explores state crypto reserve possibilities

Kazakhstan is moving to integrate digital assets into its financial system, with the National Bank supporting the MPs’ proposal to create a state-owned crypto reserve. This marks one of the most concrete efforts yet by a Central Asian country to...

Elderly Couple Ends Life Due To Humiliation By Bank Employees, Leaves Video Note

Usually, banks hire recovery agents for loan recovery, who sometimes use intimidating tactics. However, the Reserve Bank of India (RBI) has stipulated the rules to avoid such incidents. In the circular dated July 1, 2011, it stipulated, “In the...

ZestyAI Secures $15M Credit Facility from CIBC Innovation Banking to Support Strategic Growth

Facility reinforces ZestyAI’s financial strength and supports the expansion of its AI-driven risk analytics platform ZestyAI, the leading provider of AI-driven risk analytics for the property and casualty insurance industry, today announced it has...

Cirata secures contract renewal with major Canadian bank

The AIM-traded firm said the deal, which would be processed through the Google Marketplace, extended the bank’s use of Cirata’s Live Data Migrator (LDM) technology across several functions, including data migration, synchronisation and disaster...

VC-backed Shivalik Small Finance Bank adding new investor to cap table

Anshul Swami, MD and CEO, Shivalik Small Finance Bank Shivalik Small Finance Bank, which counts four venture capital investors in its cap table including Accel and Quona Capital, is set to secure fresh funding led by a new VC firm, two people...

Bank of Uganda’s Big Play Saving Oil Wealth for Generations Ahead

By David Mwanje As Uganda gears up for its first oil production in July 2026, the nation stands at a crossroads, with dreams of skyscrapers and world-class hospitals balanced against the sobering lessons of countries that squandered their oil...

VIDIC seeks new CEO after Bank of Asia decision

in All News / By: BVI News on June 30, 2025 at 8:22 AM / Weeks after initiating winding-up proceedings for the Bank of Asia, the Virgin Islands Deposit Insurance Corporation (VIDIC) is now looking for a new Chief Executive Officer (CEO). A vacancy...

EUR/USD Surge, US Dollar Weakness May Force Banks to Rethink Trade Strategy

The second half of 2025 begins not with optimism, but with fatigue. The global economy is not collapsing, but it is clearly bending under strain—economic, geopolitical, and institutional. What is taking shape is not a soft landing, but something...

West Bank tensions soar after arrests and settler attacks

Israel is grappling with fresh tensions in the occupied West Bank after a wave of arrests in Hebron and riots by Israeli settlers against the military that have revealed split loyalties in the far-right government. Israel’s internal security...

Greek banking technology platform Natech Banking Solutions secures over €28.1 million

Ioannina-based FinTech scale-up Natech Banking Solutions, a banking technology platform, today announced the successful completion of its Series B capital increase, securing over €28.1 million in growth funding. The round comprises €22.1 million...

SST expansion to have limited impact on inflation, says investment bank

RHB IB said the exclusion of critical sectors like public transport from the SST’s expansion will help minimise any potential drag on the country’s economic growth. PETALING JAYA: RHB Investment Bank Bhd (RHB IB) says it expects the expanded sales...

Liquid-Cooled Finance: How Lenovo is Powering a Sustainable HPC Shift in Banking

Global banks are under pressure to process massive datasets while meeting aggressive sustainability targets. With no relief available in existing systems, the growing pressure forces an industry-wide rethink on how to build, secure, and run...

South African fintech Lesaka to buy Bank Zero in digital banking push 

South African fintech company Lesaka Technologies has signed a deal to acquire local digital bank Bank Zero for R1.09bn ($61.4m). The acquisition payment will be made via newly issued shares, granting Bank Zero shareholders about 12% of Lesaka’s...

Agricultural Banking Leaders Roundtable: Sustainable Finance & Smart Distribution Strategies in Agribanking

The Qorus Agricultural Banking Leaders Roundtable brings together senior banking executives to explore how financial institutions can adapt, innovate, and lead the transformation of agricultural finance. With agriculture playing a critical role in...