Tagged: financial services

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

November 23, 2025 @ 8:03 am By Omar Faridi  |  

Fundbox, the embedded capital infrastructure provider for small businesses, announced a partnership with Wave, the financial management technology platform trusted by more than 350,000 small business owners and solopreneurs. Via this collab, Fundbox’s financing solutions are now said to have been directly integrated into Wave… Read More

November 12, 2025 @ 8:08 am By Omar Faridi  |  

Lloyds Banking Group will launch the UK’s first large-scale, multi-feature AI-powered financial assistant, set to transform the way over 21 million customers manage their money through the mobile app. This launch is a key milestone in Lloyds Banking Group’s journey to embed AI as a… Read More

November 10, 2025 @ 2:26 am By Omar Faridi  |  

The BIS Committee on Payments and Market Infrastructures (CPMI) as well as the International Organization of Securities Commissions (IOSCO) have recently released an updated implementation monitoring report on general business risks along with a consultative report on financial market infrastructures‘ (FMIs) management of “general business… Read More

November 4, 2025 @ 8:12 am By Omar Faridi  |  

Over 28 million UK adults are now said to be turning to artificial intelligence to help manage their money – making personal finance the country’s number one use of AI. Lloyds Banking Group’s Consumer Digital Index is the UK’s study of digital and financial capability…. Read More

October 21, 2025 @ 9:15 am By Omar Faridi  |  

Nearly half of financial services professionals (49%) are reporting a significant increase in Gen Z workers leaving their organisation during the last 12 months, according to KPMG’s UK Financial Services Sentiment Survey. Retention challenges are said to have been felt most “prominently” in the banking… Read More

October 6, 2025 @ 12:53 am By Omar Faridi  |  

Senior executives across the banking and finance sector are reporting a renewed sense of “optimism” or generally positive sentiment in the economic environment for the upcoming year, even though there is a growing belief that increased market uncertainty will be a long-term factor or theme,… Read More

October 5, 2025 @ 11:48 am By Omar Faridi  |  

The Malta Financial Services Authority issued Dear CEO Letter directing Boards and senior management to embed business resilience as a strategic priority. The findings of a recent Thematic Exercise carried out by the MFSA on Business Resilience revealed a number of gaps that would need attention. The… Read More

September 30, 2025 @ 3:58 pm By Omar Faridi  |  

Citi (NYSE: C) announced its plans for an industry-first integration of Citi Token Services, a blockchain-based platform, with its 24/7 USD Clearing solution to create “a 24/7, multibank cross-border instant payments capability for Citi’s institutional clients in the UK and US.” This move expands Citi’s… Read More

September 30, 2025 @ 8:06 am By Omar Faridi  |  

Stripe has announced that it is helping OpenAI launch a commerce experience called Instant Checkout in ChatGPT. ChatGPT users in the US can buy goods from US-based Etsy businesses—and, coming soon, “over a million Shopify merchants, like Glossier, Vuori, Spanx, and SKIMS—directly in the chat.”… Read More

September 27, 2025 @ 1:05 am By Omar Faridi  |  

In the ecosystem of environmental, social, and governance (ESG) priorities, European financial services firms are signaling a commitment to sustainability through strategic boardroom changes, even as global debates continue. This, according to insights from EY. Meanwhile, a stark gap in corporate reporting on nature-related impacts… Read More

September 21, 2025 @ 8:12 pm By Omar Faridi  |  

The New York State Department of Financial Services (NYDFS) has issued guidance urging financial institutions exploring cryptocurrency-related activities to integrate blockchain analytics tools into their operations. This recommendation, aimed at enhancing risk management and regulatory compliance, reflects the growing intersection of traditional finance and the… Read More