Finance

From the bustling halls of Messe Frankfurt, Global Finance is reporting live from the opening day of Sibos 2025, where AI is dominating the conversation. Artificial intelligence takes center stage at Sibos 2025, which began on Monday, demonstrating how it has evolved from a buzzword to a key strategic focus …

Can banks stem the exodus of clients? The new World Payments Report 2026, published by Capgemini Research Institute, offers a sobering insight for banks attending this year’s Sibos. It uncovers a looming crisis for traditional banks, with 40% of small and mid-sized merchant businesses planning to shift their payment services …

More than 30 of the largest banks worldwide join in the design, development, and testing of the new offering, SWIFT announced at the Sibos conference. Big news at this year’s Sibos conference in Frankfurt came right at the opening on Monday. SWIFT announced it would add a shared blockchain-based ledger …

Home Transaction Banking Finastra Unveils Intelligent Routing Module To Revolutionize Payments Processing The new module is designed to help banks route payments faster, cheaper, and smarter across multiple rails. Finastra, a global leader in financial services software, announced its new Intelligent Routing Module at Sibos 2025 on Monday, a solution …

Home Transaction Banking Seven Payments Principles for Treasury in 2025 and Beyond Treasurers today are under tremendous pressure. Cash must move seamlessly to keep pace with rapid technological change and fast internal decision making. Vendors expect instant payments. Employees count on timely payments and reimbursements. Meanwhile, regulations are …

Change and uncertainty have become a new normal for capital markets in recent years. As the established powerhouse of global economic growth, Asian economies have borne much of the impact of this unpredictability. This year, capital markets in Asia have seen fluctuating returns, and a sense of investor nervousness that …

Expanding economies and bank regulatory hurdles prompt emerging-market companies to tap the private credit market. Shapoorji Pallonji Group, an Indian construction company, made its mark in financial history in May, when it took down a $3.4 billion private credit facility, shattering records for the world’s fastest growing big economy. Lenders …

Ingka Group, the holding company that operates most IKEA stores globally, has appointed as its next chief executive, Juvencio Maeztu, the first non-Swede to lead the group. Effective Nov. 5, Maeztu will succeed Jesper Brodin, who is stepping down after eight years. Under Brodin, Ingka Group weathered the Covid-19 pandemic …

Starting as a summer intern while still in business school and rising through the ranks to COO, Michael Fiddelke has spent over two decades working for the US big-box retailer Target. Last month, he was tapped to succeed Brian Cornell, who is retiring after 11 years leading the company. Fiddelke’s …

India’s Tata Technologies joined the rush last month to make digital battery passports (DBPs) standard issue for electric vehicles and industrial batteries, with the launch of WATTSync. The cloud-based platform uses AI to monitor battery health, blockchain for data integrity, and to scale across regions. WATTSync aligns with the European …