Banking

QNB achieved another major milestone as it became the first bank in the GCC to enable Digital Wallet acceptance through a single, unified integration on the Mastercard Gateway Hosted Checkout platform. The solution utilizes Mastercard Gateway's new Hosted Checkout functionality,...

Cognizant announced a five-year strategic engagement with Temenos, a leading global banking technology provider, to develop and market the Temenos Country Model Bank in Australia. The Temenos Country Model Bank extends Temenos’ core banking platform, offering financial institutions pre-configured,...

Japan’s Mitsubishi UFJ Financial Group and JPMorgan Chase are reportedly in advanced discussions to underwrite a $22 billion loan for a major Texas data center project, signaling the heightened interest of financial institutions in the expanding digital infrastructure sector. The...

The central bank of Australia on August 12, 2025, decided on an interest rate cut in Australia by almost a quarter percentage point for the third time in 2025 to 3.6%, with inflation getting tamed as well as economic...

Lloyds Bank has launched a dedicated practice guide focused on carbon and nature markets – Voluntary Carbon and Nature Markets (VCNM) under its Business and Commercial Banking unit, aiming to help corporate clients engage with nature-based solutions and deal...

CIMB announced a strategy recalibration during the CIMB Group Media Day 2025 in Kuala Lumpur on July 21. This move is part of the broader CIMB ASEAN strategy, formulated in response to slowing global growth, capital realignment, and climate...

The U.S. House of Representatives has approved a new stablecoin regulation law that would make it easier for banks and other financial institutions to issue stablecoins. The bill also sets clear guidelines for consumers and distributors. The law marks the U.S....