Banks propose new funding model to keep regional branches open

Treasury has been presented with a revised model to support bank branches in the bush that would see the country’s nine largest lenders transfer $153 million each year to smaller banks under an alternative plan for a rural banking levy. The plan...

Ripple CTO Drops Bombshell: XRP At The Core Of Trillions In Banking Future

According to the Ripple chief technology officer, a number of banks have started to adopt XRP for payments and one planned bank tied to Ripple will run entirely on the XRP Ledger. Related Reading That claim comes as Ripple seeks a New York banking...

Fee hike to hit banks, NBFCs with high education loan exposure

MUMBAI: Banks and education-focused non-banking financial companies with significant exposure to overseas education loans are expected to be among the worst hit after the US imposed a $100,000 one-time fee on new H-1B visa applications. The move...

Missed a loan repayment? Banks are deploying AI agents to follow up — here’s how

New Delhi: Missed a loan repayment? You might soon get a video call from a woman dressed like a lawyer or a man in a sharp business suit. The tone is brisk bordering on aggressive, the language sprinkled with legalese. Meet the new loan collection...

Ukrainian intelligence: Tax pressure in Russia is growing, banks will be first to be hit

Amid its protracted war against Ukraine and a rapidly widening budget deficit (4.19 trillion rubles in the first eight months of 2025 – nearly four times the planned figure), Russia's only realistic scenario for maintaining financial stability...

Ex-NAB bankers awarded Australia’s first stablecoin licence

Two former National Australia Bank executives have been awarded a financial services licence for their stablecoin AUDM, the first issued by the corporate regulator as it prepares the financial system for the wider use of digital currencies....

RBF flags surge in consumer complaints, banks account for 93%

The Reserve Bank of Fiji (RBF) has reported a sharp rise in financial consumer complaints for the second quarter of 2025. In its latest Complaints Management Bulletin, the RBF revealed that 1,657 complaints were received by Licensed Financial...

Investar founder John D’Angelo shares bold expansion insights, economic signals, and enhancing banking relationships on the October episode of Strictly Business

From a single-wide trailer on Perkins Road to ringing the opening bell at Nasdaq, John D’Angelo has built a career on seeing opportunity where others saw risk. In 2006, he founded Investar Bank with a handful of employees and a vision for...

Netflix Stars Coming to Dubrovnik: Final Season of Outer Banks to be Filmed in the City

The fifth and final season of Netflix’s hit teen adventure series Outer Banks will be filmed in Dubrovnik from late October to mid-November, the production has confirmed. The action-packed series, which became a global sensation during the...

Modhumoti Bank organises ‘Agent Banking Conference 2025’ in Motijheel

Staff Correspondent 21 September, 2025, 21:58 Md Shafiul Azam, managing director and CEO of Modhumoti Bank; Shahnawaj Chowdhury, additional managing director; Arab Fazlur Rahman, deputy managing director; and others attend Agent Banking Conference...

First Gen banking on RE to hit 2030 capacity goal

FIRST Gen Corp., the clean energy arm of Lopez-led First Philippine Holdings Corp., will focus on exploring for new geothermal energy sources while also growing its solar and hydro assets to achieve its 2030 target of around 13 gigawatts (GW) in...

Delhi Cyber Scam Shocker! Retired Banker Loses Rs 23 Crore To Fraudsters Posing As Mumbai Police

Based on Malhotra's complaint, an FIR was registered by the Intelligence Fusion and Strategic Operations (IFSO) unit of Delhi Police. (Representative Image/Credit: Canva) In another case of digital arrest, a retired banker from South Delhi lost...

Banks’ Profit Surge: Banks Ride Policy Relief to Record Gains

Nepali commercial banks reported sharply higher profits in fiscal year 2024/25, aided by relaxed monetary policies, loan recoveries and higher fee-based income cushioning weak lending growth. However, rising non-performing loans (NPLs),...

Banks: If we can’t pass gun laws, how about personal judgment?

The original column is from 2022, so parts of it are dated. And in light of recent events, it may seem soft. I’ll be clear: In my ideal world, we’d ban weapons that can be used to kill many people quickly. I’m in favor of steps that might at least...

Collector upset over banks’ poor crop loan distribution

-Advertisement- Kothagudem: District Collector Jitesh V Patil called on bankers to help achieve government development goals by providing timely loans to eligible people. During a review meeting on Saturday, he, along with Bhadrachalam...

Customers’ want banks to adopt safe AI for effective complaints resolution 

Business SOME bank customers have called on banks to adopt safe and home grown Artificial Intelligence (AI) platforms in banking to facilitate complaints resolution. Some of the customers who spoke to the News Agency of Nigeria (NAN) in Abuja on...

Will they smash their goal? Outer Banks couple goes for tandem skydiving world record, full day of activities planned for spectators

Published 9:53 am Sunday, September 21, 2025 1 of 3 On Monday, September 22, 2025, skydiving couple Sven Jseppi and Heather McLay will attempt to beat the record for most tandem skydives in one day. Courtesy Skydive OBX On Monday, September 22,...

Aussie mum made $1.5million after swapping her banking career for a controversial new job  - then a 'friend' told her children... and the cops

An Aussie mum has revealed how she was reported to police over her OnlyFans career and the heartbreaking way her son found out about her controversial job. Lucy Banks, 34, turned to creating explicit content in 2019 after she was newly divorced...

S Alam alone has destroyed entire banking sector: Mashrur Arefin

Mashrur Arefin, managing director of City Bank, has said that S Alam alone has destroyed the entire banking sector. “Just as a single individual can ruin a bank, one or two honest directors can be enough to ensure the success of a bank,” he...

Abu Dhabi, Dubai Tap Banks for Multibillion-Dollar EGA Listing

Dubai– Abu Dhabi and Dubai have initiated preparations for a multibillion-dollar initial public offering (IPO) of Emirates Global Aluminium (EGA), the region’s largest aluminum producer, marking what could become one of the biggest share sales in...