Starling’s growth in particular was substantial — its revenue rose from £13,000 in 2016 to £453mn in 2023, according to the FCA, with customer numbers rising from 43,000 in 2017 to 3.6mn six years ...
Singaporean financial services providers are “falling short” of their responsibilities to mitigate money-laundering risks and must update their systems to avoid fines and cancellations of their ...
Global banks are experimenting with generative artificial intelligence tools to tackle intractable legacy issues that their workforce is either unable or reluctant to address, or that works out ...
Private credit, which refers to loans from non-bank entities, has grown rapidly, offering investors higher returns and borrowers an alternative to traditional bank credit. Bloomberg predicts the ...