SAMA Grants STC Pay Formal Approval to Transform into Full Digital Bank
The Saudi Central Bank (SAMA) has granted STC Pay formal approval to advance to the next phase of its transformation into STC Bank, a fully licensed digital...
Regulatory
UAE Central Bank Launches Open Finance with Al Etihad Payments and Core42 Partnership
The UAE Central Bank has taken a major step toward implementing the country's Open Finance Framework through a partnership between Al Etihad Payments and...
Wise Granted Type 1 Funds Transfer Licence in Japan, Expanding Global Reach
Wise has secured a Type 1 Funds Transfer Service Provider licence from Japan's Financial Services Agency, a significant regulatory milestone that removes...
US Regional Bank Stocks Decline Due to Mixed Performance; Discover Hit by Regulatory Review
U.S. regional bank stocks fell on Thursday after quarterly earnings showed
US Bank Mergers Stalled Due to Capital Rules and Regulatory Uncertainty
U.S. banks will probably hold off on striking deals until the
Interest-Rate Risks Trigger Regulatory Scrutiny of Banks
US regulators are ratcheting up oversight efforts across the banking system as
Japan's Regional Banks Resilient to Foreign Bond Losses, According to Regulatory Official
Japanese regional lenders will be well able to weather even “large” losses