Browsing: Banking & Insurance

Jenius Bank, a digital bank division of Sumitomo Mitsui Banking Corp., is closing, according to several now-former employees. Jenius has…

Key Takeaways Financial innovation involves creating new financial products, services, or processes to meet evolving consumer and business needs.Advances in…

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Today’s fintech options extend beyond individual apps or features, influencing how customers open accounts, manage their money and access financial…

Key Takeaways A first mortgage is the primary lien on a property and takes precedence over all other claims.Refinancing can…

What’s at stake: Market share, cross-border competition and credit growth hinge on the IPO’s reception and valuation.Expert quote: Troy Hooper,…

Knight Fintech Pvt Ltd, a Mumbai-based startup that helps banks issue loans, has closed a $23.6 million funding round. The…

Malawi’s insurance industry recorded strong growth in capital, assets and profitability in 2025, but liquidity pressures and risk exposure continue…

Banks are entering 2026 facing converging pressure from AI adoption, regulation, fraud risk, and data complexity.gettyFor much of the last…

A traditional mortgage is a loan taken out to buy a property. It typically requires a down payment and can…

On the first day of 2026, bank customers across India are seeking confirmation on the operational status of bank branches…

The line between fintechs and banks continued to blur in 2025 as fintech companies acquired or applied for bank charters…

Mumbai: India has continued to report a dip for the third consecutive year in life insurance penetration which has declined…

Key insight: Supply chain vulnerabilities emerged as the primary vector for banking breaches in 2025, often bypassing direct institutional defenses.Supporting…

Yes, mortgage interest rates are higher today, but only by a little. The average interest rate on a 30-year, fixed-rate…

Most digital banking fraud succeeds not because systems are weak, but because small lapses pile up over time. A short,…