Tagged: financial services

February 13, 2026 @ 8:54 am By Omar Faridi  |  

UK Finance has indicated that the financial services sector is undergoing a profound transformation driven by artificial intelligence. From enhancing customer interactions through intelligent chatbots to bolstering fraud prevention and refining investment strategies, AI is reshaping how institutions operate. Yet, this integration brings a fresh… Read More

February 5, 2026 @ 2:04 pm By Omar Faridi  |  

Fintech firm Modulr has marked a pivotal achievement by becoming profitable in 2025, just as it commemorates a decade since its founding. This embedded payments provider has demonstrated remarkable resilience and expansion, handling upwards of 200 million transactions each year while managing an annualized payment… Read More

February 3, 2026 @ 11:05 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has rolled out a fresh General Code of Conduct tailored specifically for decision-makers in the industry. Released recently during the past month, this initiative seeks to elevate standards of governance, cultivate a positive organizational culture, and promote ethical behavior… Read More

January 20, 2026 @ 1:28 am By Omar Faridi  |  

In the global ecosystem of financial services, constantly staying ahead of regulatory demands and criminal threats is paramount. Recent updates from UK Finance highlight critical areas of focus: the ongoing integration of fraud prevention and anti-money laundering (AML) efforts, and separately, the preparedness of motor… Read More

January 16, 2026 @ 7:02 pm By Omar Faridi  |  

Apex Fintech Solutions has recently teamed up with Allfunds, a European wealthtech provider, to streamline access to international investment options. This collaboration, revealed earlier this month, aims to make offshore mutual funds, exchange-traded funds (ETFs), and alternative assets more readily available to investors worldwide, including… Read More

January 13, 2026 @ 3:40 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has finalized the sale of a 49% stake in its Polish subsidiary, Santander Bank Polska S.A., to Austria’s Erste Group Bank AG. The transaction, announced last year and completed on January 9, 2026, also includes a 50% stake in Santander Towarzystwo… Read More

January 12, 2026 @ 10:37 am By Omar Faridi  |  

Digital banking provider Chime (NASDAQ: CHYM) has unveiled significant updates that underscore its commitment to leveraging technology and talent for better financial services. Chime has reportedly been focused on the integration of artificial intelligence in order to transform member experiences. And, last month, it announced… Read More

January 12, 2026 @ 5:53 am By Omar Faridi  |  

Artificial intelligence is no longer a remote, futuristic concept but a core driver of transformation in wealth and asset management. A study by FNZ, in partnership with research firm ThoughtLab, reveals that AI is reshaping the industry at an unprecedented pace. Drawing from surveys of… Read More

January 9, 2026 @ 2:03 am By Omar Faridi  |  

The UK financial services industry is preparing for a significant shift in 2026, with leaders anticipating greater investment in national defense amid converging priorities of financial stability and national security. According to KPMG‘s latest UK Financial Services Sentiment survey, nearly two-thirds (65%) of sector leaders… Read More

January 8, 2026 @ 1:56 pm By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) has announced its decision to abandon reliance on third-party proxy advisory firms, opting instead for an in-house artificial intelligence solution. This development, detailed in an internal company memorandum and highlighted by The Wall Street Journal, underscores a growing dissatisfaction with the proxy… Read More

December 22, 2025 @ 12:09 am By Omar Faridi  |  

10x Banking, the cloud-native core banking platform, has partnered with audax Financial Technology, a digital banking technology solutions provider supported by Standard Chartered, to transform how banks in Asia Pacific, Europe and the Middle East scale “digital offerings and modernise their core banking services.” Research… Read More

December 16, 2025 @ 2:00 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and CME Group, the world’s derivatives marketplace, announced progress on their efforts to “extend their existing cross-margining arrangement to end-user clients.” Specifically, the Fixed Income Clearing Corporation… Read More

December 9, 2025 @ 1:59 am By Omar Faridi  |  

Intesa Sanpaolo reports that it is now among more than 50 organizations worldwide participating in “Frontria”, which is described as the new international consortium that was launched by Fujitsu in order to effectively address challenges as well as major risks arising from the ongoing evolution… Read More

December 7, 2025 @ 8:56 am By Omar Faridi  |  

ADGM, the international financial centre of Abu Dhabi, has reported strong Q3 2025 results, reinforcing its standing as the leading financial hub in the MEASA region. The asset management sector continued to be a major driver of growth, with Assets Under Management (AUM) in ADGM… Read More

December 4, 2025 @ 8:14 am By Omar Faridi  |  

Aberdeen, which claims to be the provider of the UK’s second largest adviser platform by assets, announces the launch of a new Self-Invested Personal Pension (SIPP) and Junior SIPP. The SIPP and Junior SIPP brings flexibility, “intergenerational financial planning and enhanced user experience.” Clients are reportedly… Read More

December 2, 2025 @ 8:28 am By Omar Faridi  |  

The Central Bank of Ireland has released consumer research and analysis of retail investment in Ireland. Comparing data on the financial assets of Irish households against various other European Union countries, Ireland has among the “lowest levels of direct participation” in capital markets via listed… Read More

December 1, 2025 @ 12:24 am By Omar Faridi  |  

SIX says that it has now strengthened its clearing business with acquisition of Baymarkets AS. According to the update from SIX, the latest acquisition of Baymarkets AS enables them to accelerate product development in clearing technology, reinforcing their existing position as a pan-European provider of… Read More

November 28, 2025 @ 6:44 am By Omar Faridi  |  

Banco Santander México has completed a major breakthrough in the digital transformation of Mexico’s banking sector by becoming the first systemic bank to migrate the entirety of its technology infrastructure to Gravity, its global, cloud-based platform, to enhance customer experience with “faster flows and new… Read More

November 26, 2025 @ 2:57 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has released a revised Guidance Note for Shariah-Compliant Funds, reinforcing Malta’s growing position as a hub for Islamic finance. This MFSA also noted that the revision comes after an extensive review meant to enhance the overall clarity as well… Read More

November 24, 2025 @ 4:50 pm By Omar Faridi  |  

Research from financial and payments platform, Airwallex, indicates that one in five (19%) Australian business professionals now expect to see a Chief AI Officer (CAIO) working along with the CFO as more businesses begin to effectively embed AI into their core operations. The Airwallex Future… Read More