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Addressing the Digital Divide in Access to Banking and Financial Services

Global Banking & Finance

Addressing the Digital Divide in Access to Banking and Financial Services Introduction In today’s digital age, access to banking and financial services is more important than ever. However, not everyone has equal access to these services, leading to a digital divide.

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Nigerian digital bank FairMoney in talks to buy Umba in $20M all-stock deal, sources say

TechCrunch: M&A

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch.

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Provident Financial Services, Inc. Receives FDIC and New Jersey Department of Banking and Insurance Approvals for its Merger with Lakeland Bancorp, Inc.

Global Newswire by Notified: M&A

March 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. NYSE:PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. ISELIN, N.J. and OAK RIDGE, N.J.,

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Key marketing challenges for financial services brands

Global Banking & Finance

Key marketing challenges for financial services brands The difficulty with marketing for financial services brands has always been a matter of trust. As much as they need them, consumers have an almost innate distrust of banks, building societies, lenders, and financial advisors.

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Beyond borders: the impact of global regulations on financial services

Global Banking & Finance

Beyond borders: the impact of global regulations on financial services The landscape of global financial regulations Understanding the framework of international financial laws The architecture of global financial regulation is built on a foundation laid by numerous international bodies, including the basel committee on banking supervision, the international (..)

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Artificial Intelligence (AI) in Banking, Financial Services, and Insurance (BFSI) Market to Surpass USD 180.93 Billion by 2031 | SkyQuest Technology

Global Newswire by Notified: M&A

Westford, USA, May 14, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Artificial Intelligence (AI) in Banking, Financial Services, and Insurance (BFSI) Market will attain a value of USD 180.93 billion by 2031, with a CAGR of 31.8% over the forecast period (2024-2031).

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Redefining financial services through Open Finance

Global Banking & Finance

Redefining financial services through Open Finance By Mark Horwood-James, Managing Director of Personal Finance Technology, Moneyhub Financial ecosystems are evolving rapidly, moving away from the once standard isolated and slow-paced models towards a new era characterised by fintech innovation and, more recently, Open Finance.