The Brazilian instant payment method, launched almost two years ago, was quickly adopted for a number of reasons. What next for the payments system?
Wio chief executive, Jayesh Patel, speaks to The Banker about his long-term vision for the bank.
Rapid regional bank growth is leading some players into “too big to fail” territory, guiding regulators to consider new debt requirements.
A new group of start-ups, fintechs included, have been selected for the Libra 2.0 programme, but rumours that the next UK government grant could go to a high street bank are troubling its participants.
The continent's most industrialised economy continues to suffer from underinvestment and lingering corruption.
The ECB’s attempt to counter inflation by hiking interest rates could potentially be a windfall for the region’s banking sector. However, with a recession looming, the ECB is poised to deploy other monetary tools to stabilise the economy.
The continent’s largest banks returned to profitability in 2021, even as growth slowed in Egypt and Morocco, writes John Everington.
The World Bank chief’s awkward stance on global warming has accelerated calls for multinational development banks to get an overhaul.
The chair of the European Banking Authority discusses how industry participants and supervisors can prepare for enhanced regulatory obligations of crypto assets.
The country’s lenders are in rude health, even as the threat of a greylisting by the FATF looms.
Consumers now have access to real-time payments through the PayTo system, with business access to follow, generating a host of advantages.
The US, EU and UK have imposed an increasingly complex regime of sanctions on Russia as the war in Ukraine has evolved.
The United Arab Emirates is consolidating its standing on the international stage as it leans towards reciprocity of enforcing judgements from the UK.
The president of the Caribbean Development Bank discusses the need for access to adequate affordable financing if small island developing states are to achieve the Sustainable Development Goals by 2030.
Kimberley Long explores how digital finance and mobile banking are addressing the financial access issues faced by women that incumbent banks cannot reach.
Initially this crisis will be positive for banks’ earnings, and leaders will take rapid and bold steps in their attempts to outperform the competition. The time to act is now.
Those at the forefront of new technologies must be given room to breathe, while authorities ensure that the regulations necessary to protect consumers and the financial system, as well as prevent criminal enterprise, are in place.
SCB 10X, the venture investment arm of Siam Commercial Bank, is exploring the developments which could reshape how we do banking. Tai Panich, CEO and chief investment officer of SCB 10X, tells Kimberley Long about her plans.
Deputy finance minister, David Masondo, discusses the overhaul of the country’s ailing energy sector and measures taken to reduce the risk of greylisting by FATF.
While aware of the challenges ahead, the country’s huge network of small and mid-sized banks believe they are in a strong position and remain optimistic about the long-term outlook.