As PE firms expand their presence in the insurance business and insurers hold more PE assets, risk concerns are rising and regulators are taking note. Traditionally, the life insurance and annuity business was renowned for being rather boring and earning slender profits. But after the 2008-2009 financial crisis, when the …
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North American banks lead digital banking with AI tools, unified apps, and fintech integrations, enhancing client engagement, onboarding, and personalized financial experiences. In North America, Bank of America (BofA) and A+ Federal Credit Union (A+FCU) excel in their digital-transformation efforts, focusing on client relationships and boosting user engagement through innovative …
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African and Middle Eastern banks are redefining digital banking through integrated lifestyle platforms, AI-powered tools, and advanced security features. African banks show how digital transformation can combine lifestyle services and improve customer experience. South Africa’s First National Bank (FNB) offers an integrated financial-lifestyle platform that combines traditional banking with lifestyle-enabling …
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Talk about a reversal of fortunes. Barely two weeks after US President Donald Trump called for the resignation of Intel CEO Lip-Bu Tan on account of his alleged conflicts of interest, Tan sold a 10% stake in the chipmaker to the US government. In a Truth Social post on Aug. …
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S&P Global Ratings raised India’s sovereign credit rating in mid-August from BBB- to BBB, one notch above its lowest investment-grade rating. The rating agency had moved India’s rating to a positive outlook in March, but the upgrade itself came after a gap of 18 years. S&P cited the Indian government’s …
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Corporate treasury teams are increasingly embracing AI to manage volatile foreign exchange (FX) risk—a shift supported by real-world results that demonstrate both cost reduction and strategic gains. The key takeaway for corporate treasury teams: AI-powered FX hedging isn’t just theoretical; it has delivered real, measurable savings for a major airline. …
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Western European banks are redefining digital banking with personalized, seamless, and lifestyle-oriented solutions. In Western Europe, top banks are developing comprehensive digital banking solutions that cater to a wide range of customer needs, thereby enhancing the overall banking experience. For instance, Eurobank offers an extensive suite of mobile wallets, investment …
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Home Awards Winner Insights Building a Global Financial Super-App with a Local Touch: Q&A with Revolut’s David Tirado David Tirado, Revolut’s VP of Profitability and Global Business, explains how a digital-only approach facilitates localized international expansion. Global Finance: What’s the next major shift in customer expectations for digital banking? David …
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Home Awards Award Winners Best Corporate/Institutional Digital Banks in Central and Eastern Europe 2025 Banks in the CEE region are aggressively pursuing cost savings through digitalization, automation, and comprehensive mobile banking solutions. Three Georgian institutions stand out. Bank of Georgia’s digital transformation has reaped over 30% cost savings, with over …
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Banks in the Asia-Pacific region are pushing boundaries with bank-to-enterprise API connections, AI-powered insights, and the integration of generative AI (GenAI) as a driver of efficiency. Taiwan’s CTBC Bank leads with direct bank-to-enterprise API connections for seamless enterprise resource planning transactions, an app that is friendly for SMEs to use …
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