Most of us probably don’t wish to spend much time thinking about what the arrangements will be for after we pass away – or for that matter, the same situation for a loved one – but it is something that must be thought about, nonetheless. Not everyone would have saved money for their retirement that … Read more
The use of AI in the payments industry is not a new phenomenon. In fact, Accenture’s recent Payments Technology Reinvention Study shows that leading banks are already investing significantly in AI and generative AI and have managed to automate 40% of manual tasks in their payments business. Advancements in speech recognition, image generation and machine … Read more
Sales of new single-family houses in June 2025 were at a seasonally-adjusted annual rate of 627,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.6% above the May 2025 rate of 623,000 and is 6.6% below the June 2024 rate of 671,000. … Read more
The US recorded an unexpected budget surplus of $27 billion in June 2025, marking the first June surplus since 2005. This significant turnaround from a $71 billion deficit in June 2024 was primarily driven by a substantial surge in customs duties (tariffs) and a 7% reduction in government outlays. The US government had a surprise … Read more
Free Newsletter Get the hottest Fintech Switzerland News once a month in your Inbox Regnology, a Frankfurt-based software provider specialising in regulatory reporting solutions, has announced it has signed a definitive agreement to acquire the Finance, Risk & Regulatory Reporting (FRR) business of Wolters Kluwer. The acquisition marks a step in Regnology’s efforts to expand … Read more
Recently our friends at WHVP published an eye-opening article, The Swiss View: “It doesn’t really matter that much” discussing Fitch downgrading the US credit rating: “Fitch announced that they downgraded the credit rating from the U.S. from AAA to AA+. ….(citing) the suspended debt ceiling and the high debt-to-GDP ratio. …. While the announcement itself … Read more
Saving money has never been easier. There are an absolute ton of money saving apps available to download for free. From the generalised family budget app to discounts on your shopping, looking for the cheapest places to park or for tracking your spending, these are the best money saving apps UK savers can download today … Read more
During the period under review solvency ratio stood at 2.08 against 2.21 in the year-ago period. | Photo Credit: iStockphoto SBI General Insurance on Thursday reported a 2.73 per cent year-on-year increase in its net profit to ₹188 crore for the first quarter this fiscal as its gross written premium grew 21.49 per cent y-o-y … Read more
Keeping a check on your bank balance is essential to ensure you manage your finances well. To do that, you usually visit a bank branch and find your bank balance however, this method is very time-consuming. You can avoid all these by simply using digital as well as other balance-checking methods which will help you … Read more
The Independent Community Bankers of America (ICBA) named Joe Miller, Chief Credit Officer at The First National Bank in Sioux Falls, to its 40 Under 40: 2025’s Community Bank Leaders list. The ICBA announced the winners of its seventh annual 40 Under 40 awards in June, highlighting bank leaders from across the nation who are … Read more