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In its latest economic analysis, the Commonwealth Bank of Australia (CommBank) paints a picture of a global economy entering 2026 with cautious optimism, building on the unexpected strength shown throughout 2025. Despite facing headwinds like trade disputes and international conflicts, the world economy held firm... Read More
In an effort to address New York City’s ongoing housing crisis, OakNorth, a specialist in commercial lending, has partnered with Oak Funding to extend a $78 million co-loan to real estate developer Bushburg. This financing will facilitate the purchase and redevelopment of 100 William Street,... Read More
In an environment where digital security underpins global operations, a new report from Entrust reveals persistent gaps in how organizations handle their cryptographic tools. As quantum computing advances loom closer, many businesses are struggling with oversight of encryption keys and certificates, heightening vulnerabilities to data... Read More
Mobile money services are poised for unprecedented expansion, particularly in emerging markets. According to a recent study by Juniper Research, the number of mobile money users in these regions is projected to surge to 2.2 billion by 2030, representing over 53% of the adult population.... Read More
Digital bank bunq has indicated that the United Kingdom saw a significant uptick in shared financial transactions last year, reaching a total of £1.16 billion. According to insights from bunq, this figure, equivalent to approximately €1.34 billion, marks a 27.2% growth compared to the £909... Read More
Starling Bank is now marketing its proprietary banking software to financial institutions in the United States. This initiative seeks to leverage the persistent reliance of many U.S. banks on aging infrastructure, allowing Starling to generate new revenue streams while addressing modernization needs in the US... Read More
Digital bank Revolut is taking a step forward to manage its own strategy in the capital markets by expanding its internal team dedicated to secondary share sales. Rather than relying on traditional Wall Street investment banks, the company is hiring additional talent to handle these... Read More
Bolt, a checkout, identity, and payments company, this week announced a strategic partnership with Socure to supercharge Bolt ID, its checkout-native identity layer designed to verify real people in real time at the moment of purchase. Bolt has built an ecosystem of merchants and consumers,... Read More
PayPal has appointed Enrique Lores as president and CEO, effective March 1. Lores, who has served on the PayPal board for nearly five years and as chair since July 2024, succeeds Alex Chriss. CFOO Jamie Miller will serve as interim CEO until Lores assumes the... Read More