AGP Wire
Stay informed with articles highlighting the latest developments, major events, and essential updates.
ECCB holds rates steady, boosts food security funding
AGP
The Eastern Caribbean Central Bank’s Monetary Council kept key lending and savings rates unchanged after its 113th meeting on July 10 in Dominica, while adding EC$25 million for food and nutrition security.
The Oracle Psychic marks 40 years with Alexandra leading global sessions
AGP
The Oracle Psychic is marking more than four decades in Miami as Alexandra leads the practice with tarot, energy healing and life coaching for clients in the U.S. and abroad.
New report warns banking’s AI exposure is already here
AGP
A forthcoming report from Stephen Bishop and Tony del Fierro says banks are entering a period of structural AI risk without a coherent governance framework.
Universal banking market seen reaching $14.8 trillion by 2034
AGP
Allied Market Research says the global universal banking market will grow from $6.8 trillion in 2024 to $14.8 trillion by 2034, driven by digital banking, integrated financial services and customer demand for one-stop platforms.
China’s paper gold retreat signals a shift toward physical metal
AGP
China’s biggest banks will stop retail leveraged paper gold trading on July 24, 2026, a move that one Perth Mint distributor says points to stronger demand for physical bullion.
Cleveland banking leader speaks at Black Is Tech conference on AI and digital finance
AGP
Timothy Lewis, a Cleveland native and Bank of America financial services leader, spoke at the 2026 Black Is Tech Conference in Houston about how AI, automation and digital banking are changing access to money and wealth-building.
ABL Diagnostics takes over TEXCELL assets and operations
AGP
ABL Diagnostics was selected by the Évry commercial court to acquire TEXCELL’s assets and activities, a move that adds viral safety and biosafety capabilities at Genopole in Évry-Courcouronnes.
ABL Diagnostics wins court approval to buy TEXCELL operations
AGP
ABL Diagnostics has been selected by the Évry Commercial Court to acquire TEXCELL’s assets and operations, a move that expands the French diagnostics company’s presence in virology, biosafety and infectious-disease services.
Seven Hills Auctions opens online sale of 28 bank-owned properties
AGP
Seven Hills Auctions launched bidding on 28 bank-owned and institution-direct properties across eight states, with the online auction set to close Aug. 18 at noon EDT. The lineup spans homes, commercial buildings and land, giving buyers access to…
Foreclosure activity rises, but a 2008-style collapse still looks unlikely
AGP
Mr. Short Sale’s new quarterly distressed-property report says U.S. foreclosure activity is climbing from historically low levels, with stress concentrated in specific borrower groups and markets rather than spread across the housing system.
Canadian reverse mortgage rates fall as regular mortgage rates rise
AGP
Reverse mortgage rates in Canada dropped 0.25% in July 2026 even as regular mortgage rates climbed and the Bank of Canada held steady.
Digital banking platform market seen reaching $57.24 billion by 2035
AGP
Market Research Future projects the global digital banking platform market will grow from $17.14 billion in 2026 to $57.24 billion by 2035, fueled by mobile banking, cloud adoption and AI. The forecast points to a major shift as banks and fintechs…
Optus Bank and M&F Bank agree to merge in $105 million deal
AGP
Optus Financial Corp. and M&F Bancorp have signed a definitive merger agreement that would combine two long-running Black-owned minority depository institutions.
Entries open for MENA Banking Excellence Awards 2026
AGP
The MENA Banking Excellence Awards 2026 Corporate & Investment are open for entries ahead of a Dubai ceremony on 3 November 2026 during Dubai Future Finance Week. The program adds an outcomes-led judging model that prioritizes measurable…
Court says EPA failed noise law duties for 40 years
AGP
A federal judge ruled the EPA unreasonably failed to carry out key duties under the Noise Control Act of 1972, handing Quiet Communities and plaintiff Jeanne Kempthorne a major public-health win. The case now moves to a remedy phase that will…
TribalScale names Leo Giel to lead BFSI AI push
AGP
TribalScale has appointed Leo Giel as head of banking, financial services and insurance to expand its AI transformation work across lending, investment management, insurance and commercial real estate.
CORPBOLT targets foreign founders needing a US LLC and EIN without an SSN
AGP
CORPBOLT is pitching a remote Wyoming LLC formation package for founders outside the US who do not have a Social Security Number.
Digital vault market seen reaching $2.893 trillion by 2035
AGP
The digital vault market is projected to grow from an estimated $1.028 trillion in 2025 to about $2.893 trillion by 2035 as cyber threats, compliance rules and enterprise cloud adoption drive demand for secure storage.
Digital forensics market seen reaching $29.03 billion by 2035
AGP
Digital forensics demand is rising as organizations and law enforcement race to investigate cybercrime, breaches and fraud across cloud, mobile and connected devices.
Dairy Alliance milk drive sends 4,000 gallons to Hurricane Helene survivors
AGP
The Dairy Alliance, Ingles Markets and Milkco helped deliver 4,000 gallons of milk and $5,000 to MANNA FoodBank for families recovering from Hurricane Helene across western North Carolina.
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