by Priyanka Sharma | November 21, 2024 | Banking Regulations, Fintech, Technology
Dubai Chamber of Digital Economy (DCDE), one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it supported the establishment and expansion of 485 digital startups in the emirate between Q1 and Q3 2024. This represents an...
by Priyanka Sharma | November 21, 2024 | Banking Regulations, Mergers & Acquisitions, News
Indian billionaire Gautam Adani has been charged with fraud in the US, accused of orchestrating a $250 million bribery scheme to secure contracts for his renewable energy company. The charges, filed on Wednesday in New York, are a significant blow to Adani, who is one...
by Priyanka Sharma | November 20, 2024 | Banking, Banking Regulations, Central Banks, Fintech, Investment Banking, Retail Banking
The UAE has firmly established itself as a leader in the digital banking transformation sweeping across the Middle East, with the country commanding the largest share of the region’s $3.2 trillion in banking assets. A new report from Arthur D. Little (ADL)...
by Jibran Munaf | October 22, 2024 | Banking, Banking Regulations
The U.S. Consumer Financial Protection Bureau (CFPB) introduced long-anticipated rules on Tuesday designed to promote open banking, enabling consumers to control and share their financial data more freely when selecting services. The regulations aim to encourage...
by Jibran Munaf | October 13, 2024 | Banking, Banking Regulations
Japanese Prime Minister Shigeru Ishiba has made it clear that he will not intervene in the Bank of Japan’s (BOJ) monetary policy decisions, emphasizing the importance of the central bank’s autonomy in achieving price stability. “Whatever the government has to...
by Priyanka Sharma | September 24, 2024 | Banking, Banking Regulations, Central Banks, Currency Markets Analysis, Economy, politics, Trending Now
In a bid to revive its flagging economy, China’s central bank has unveiled a major package of measures including plans to lower borrowing costs and allow banks to increase their lending. People’s Bank of China (PBOC) Governor Pan Gongsheng announced the...
