Global Banking Monitor

Sunday, September 24, 2023

ADIB: Best New Digital Feature 2023

We'd like to congratulate the digital banking...

Recognizing the Technological Success of Sohar International Bank’s Merger with HSBC Oman

It gives us immense delight to announce...

Seamless Saudi Arabia 2023: Highlights and Key Insights

Saudi Arabia is in the midst of...

Headline Feature

Riding the Digital Wave: Fintech Trends Reshaping Kazakhstan’s Finance Landscape

Featured Mubashir -
Explore the fintech trends reshaping Kazakhstan's financial landscape, from the rise of digital payments and open banking to the growth of super-app ecosystems and the democratisation of capital markets.

In our newly launched Digital Transformer 2023 section, we are profiling the experts shaping the GCC banking industry this year. Read more.

Latest News

ADIB: Best New Digital Feature 2023

We'd like to congratulate the digital banking team at ADIB (Abu Dhabi Islamic Bank) for enhancing their international payments...

Recognizing the Technological Success of Sohar International Bank’s Merger with HSBC Oman

It gives us immense delight to announce that Sohar International has earned our Technology Excellence Award for its successful...

Featured Articles

430,000 Revolut customers were waitlisted for the Ultra plan

Revolut Ultra launched late last month as the neo bank’s new premium subscription tier. Their press release makes for stimulating reading, especially the first bullet point: Over 430,000 Revolut customers in the UK and EEA...

Apple extends their FinTech ecosystem with 4.15% APR Savings...

Apple's FinTech domination plans are continuing! It's incredibly exciting to watch how they are positioning their selection of products and services, especially when it comes to what language they use. For example, the press...

Boosting the Private Economy: China’s Strategies and Initiatives

Banking Pete Sadler -
High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. China unveiled 28 detailed measures to boost the private economy on Tuesday, including promoting fair market access, offering stronger financial support, boosting legal guarantees， optimizing services and creating a sound atmosphere for private companies. Read More : Boosting the Private Economy: China's Strategies and Initiatives

Events & Conferences Spotlight

Dubai Fintech Summit 2023

http://www.dubaifintechsummit.com The Dubai FinTech Summit 2023 will set a global benchmark for the way enterprises...

Check out other categories:

AwardsBankingDigital Transformer 2023Events & ConferencesMarketsNewsOpinion

Indonesia’s Q2 GDP Growth Likely to Moderate as Exports Weaken, Reuters Poll Shows

Markets Pete Sadler -
Indonesia’s economy likely grew 4.93% from a year earlier in the April-June quarter, the slowest since the third quarter of 2021, due to weakening global demand for its exports, according to the median forecast of 22 economists polled by Reuters. On quarter-on-quarter basis, the economy...

World Gold Council Explores the Determinants of Gold’s Price Movement

During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But is it also an inflation hedge? Is it considered a risk asset? Joe Cavatoni, market strategist and head of Americas at...

Scalapay’s $10,000 Scholarship Boosts Abbl’s Startup Journey

How Scalapay, the Australian FinTech unicorn, is nurturing startups with its $10,000 Scale Up Scholarship program

UK House-Building Declines Again Amidst Impact of Rate Hikes: PMI

Britain’s construction sector returned to growth in July but house-builders suffered another sharp contraction due to higher interest rates...

US Inflation Data to Offer Relief for the Fed

A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal...

China Misses Out on Global Funds as Investors Chase Returns in Japan Stocks

Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s prospects...

Latest Awards from Global Banking Monitor

ADIB: Best New Digital Feature 2023

We'd like to congratulate the digital banking team at...

Recognizing the Technological Success of Sohar International Bank’s Merger with HSBC Oman

It gives us immense delight to announce that Sohar...

MVCC: Payments Innovation Award 2023

One of our valued contributors recently suggested we take...

National Bank of Kuwait: Best App Update, 2023

29th March 2023, Dubai: We've been closely following the...

Latest Opinion

Data is the new oil… well, ok, not yet.

This is an opinion post by Ewan MacLeod, originally...

Apple Financing: It’s actually happening

This is an opinion post by our Analyst team....

UBS to buy Credit Suisse for $2bn (Maybe) [Updated]

This is an opinion piece by our Analyst Team. Update...

The Banking Run: Can’t we all just relax a bit now?

This is an opinion piece by our Analyst Team. So...

More News

Pound’s Glory Days Diminish as Expectations for Higher Rates Fade

The pound’s unexpected rally this year may have finally...

High-Risk Loans Make a Comeback as Recession Risk Recedes

It’s hard to pass up a good rally in...

Goldman Sachs’ Future Relies on Low-Profile, High-Growth Sector

Goldman Sachs is known as Wall Street’s top brand,...

Central Banks Increase Gold Reserves Amid Accelerated De-Dollarisation Efforts

Central banks across the world may continue with the...

Wells Fargo Informs Customers: Missing Deposits Glitch Now Fixed

The Wells Fargo glitch that made some customers’ direct deposits disappear from their bank accounts is over, the bank said on Saturday. “All accounts have...

Unlawful ‘De-Banking’ to Be Probed as Certain Communities Raise Concerns About Disproportionate Effects

The Financial Conduct Authority (FCA) has promised to investigate unlawful bank closures after the chancellor warned the practice could be "widespread". Jeremy Hunt told the...

CBE Anticipates Inflation to Peak in H2 2023 in Egypt

The Central Bank of Egypt (CBE) expects inflation rates to reach their peak in the second half (2H) of 2023, provided that they decline...

Gulf Bank Facilitates Local Currency Payments at 350+ Merchants for Kuwait Visitors

Gulf Bank has announced a strategic partnership with Fexco International – a global leader in innovative payment and currency exchange solutions – to expand...

Tabby Receives Approval from Saudi Central Bank to Operate in Fintech

CAIRO: Saudi Arabia is fast becoming an attractive destination for regional fintech heavyweights thanks to the Kingdom’s carefully regulated operations to ensure ease of...

Qatar Central Bank Issues Notification on BNPL Licenses

Residents in Qatar will soon have access to buy now, pay later services as the country’s central bank issued a notification asking interested companies...

Jim Chalmers: Employment Rate and Wages Outcomes ‘Decoupled

Australians need not be frightened by the thought that only higher unemployment alone will ease inflation, Treasurer Jim Chalmers says. Earlier this year, incoming RBA...

Inflation in Pakistan Soars to 29.8% Due to Surge in Food and Energy Prices

A series of sharp rises in energy and food prices in Pakistan, pushed its weekly inflation up by 1.30 per cent and annualised inflation...

Americans Reach Record $1 Trillion Credit Card Debt

Credit card debt hit $1 trillion for the first time on record, according to new data, a troubling development as interest rates and delinquencies...

Vietnam PM Sets Ambitious Target of 9% Growth in Second Half

Vietnam aims to boost economic growth to “about 9%” in the second half of the year as the government will maintain its gross domestic...

Charting the Global Economy: US Payrolls Rise at a Steady Pace

US employers continued to add workers at a steady, yet more moderate pace, suggesting the economy has scope to avoid a recession despite higher...

Fed’s Bowman Suggests More Hikes May Be Necessary to Tackle Inflation

Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability. “Additional rate...

JPMorgan Reverses US Recession Call in Light of Growing Optimism

JPMorgan Chase & Co. economists scrapped their call for a recession in the US, joining a growing number of forecasters who now expect the...

US Small Banks Not Fully Prepared for Emergency Borrowing from Fed

The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some U.S. banks are not prepared to borrow from the...

Venezuela’s Gold Reserves Drop by Nearly 12% in Six Months

Venezuela's gold reserves fell by eight metric tons in the year's first half, central bank data showed on Friday, continuing a years-long reduction in...

Follow our Global Banking Monitor LinkedIn Page

Banking Headlines

Markets Headlines

Global Banking Monitor

© All Rights Reserved, 2023