Banking

Hype around AI must not eclipse risk management: RBI
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9 October, 2025

Hype around AI must not eclipse risk management: RBI

M Rajeshwar Rao of the RBI stresses cautious, responsible AI adoption in banking, emphasizing human oversight, data privacy, and risk...
Stablecoins forcing banks on yield, Russian stable mocks US sanctions
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7 October, 2025

Stablecoins forcing banks on yield, Russian stable mocks US sanctions

U.S. banks are fighting to limit stablecoin rewards as Congress debates updates to the GENIUS Act, while Russia's state-backed token...
AI key to achieving 8% economic growth: India’s NITI Aayog
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1 October, 2025

AI key to achieving 8% economic growth: India’s NITI Aayog

India's NITI Aayog highlights AI's potential to boost economic growth, projecting $500–600 billion GDP increase by 2035 through innovation and...
Navigating security challenges at WFIS 2025
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1 October, 2025

Navigating security challenges at WFIS 2025

The WFIS 2025 in the Philippines tackled digital trust, AI deepfakes, and security in banking and finance, emphasizing collaboration for...
Hong Kong eases banking laws as UBS pilots tokenization
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19 September, 2025

Hong Kong eases banking laws as UBS pilots tokenization

While the HKMA plans to relax Basel Committee standards to ease capital mandates, UBS is launching a pilot exploring automated...
Circle posts $482M loss, Trump’s WLF inks $1.5 billion deal
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13 August, 2025

Circle posts $482M loss, Trump’s WLF inks $1.5 billion deal

Circle saw its revenue jump 53% to $658 million but still reported a $482M loss from IPO costs, while ALT5...
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