Banking

The architecture of global financial markets has remained largely unchanged for decades, relying on centralized hubs and complex layers of intermediaries to ensure trust and settlement finality. However, the emergence of distributed ledger technology (DLT) is challenging this status...

In a latest development from the world of finance, Kiwi businesses can now go ahead and open a business account online from 23 June 2026 so as to access multi-currency accounts and interbank FX rates as well as smart spending management...

In a recent move, the Europe banking sector may raise lending by €2tn if regulators simplified rules without compromising financial resilience, confirmed the head of the Spanish banking association AEB on June 19, 2026. Complexity of Regulations, Lending Restrictions AEB and its sister...

It is worth noting that retail customers will be able to access the DBS Physical Gold Tokens through the DBS digibank later in 2026, the bank said in an announcement on 11 June 2026. DBS is also considering the option...

In a recent development, Singaporeans and Singapore permanent residents - RPs can now open business account with OCBC Malaysia online using Singpass, their national digital identity. It is well to be noted that OCBC Malaysia can verify the identity of the business...

In a recent move, some Japanese financial institutions have been given access to GPT-5.5, which is a model by U.S. artificial intelligence company OpenAI, in order to safeguard against cyberattacks, Satsuki Katayama, the Japanese finance minister, said on ‌May 29, 2026, after...

Ethical banking practices are bolstered by robust conduct risk frameworks that enforce accountability, promote integrity, and ensure that financial institutions operate with the highest standards of governance and compliance.