News
Millions urged to check one pension detail after watchdog issues stark warning
1+ hour, 19+ min ago (339+ words) Millions of people with older pension plans are being urged to check whether they're getting value for money after the UK's financial watchdog warned some savers could be paying higher charges for poorer products than newer customers. The Financial Conduct…...
Salmon pushes to redefine how Filipinos view borrowing
2+ hour, 42+ min ago (326+ words) The company has rolled out a new campaign anchored on the message, "If your money feels good, it's probably Salmon," positioning responsible borrowing as a way to help consumers achieve financial goals rather than as a burden." Formal credit penetration…...
Consumers can request to speak to human instead of chatbot under new financial services rules
3+ hour, 11+ min ago (175+ words) CONSUMERS NOW HAVE the legal right to talk to a human, rather than an automated chatbot, when buying financial products. It comes as banks and other financial institutions are increasingly integrating AI into their customer service. New restrictions have been…...
Workers warned to check their pension statuses as more companies, entities flagged for defaulting
1+ hour, 36+ min ago (393+ words) More companies are failing to hand over the pension contributions of their workers with more than R8bn owed to retirement fund administrators. The Financial Sector Conduct Authority (FSCA) said the number of defaulting companies has tripled since 2023, from 5, 430 to 16, 556 in February…...
X Money Launch Spurs Expectations for Future Crypto Payments
5+ hour, 21+ min ago (179+ words) Social media platform X, formerly Twitter, has launched its in-house payments service, X Money, fueling expectations that cryptocurrency payment features could be added later. Catena reported on July 2 that X Money was released to U. S. Premium and Premium Plus users on…...
Banks, e-wallets have until July 4 to lower transfer fees " Bangko Sentral
22+ min ago (718+ words) MANILA, Philippines " Banks, e-wallet operators, and other supervised financial institutions have until Saturday, July 4, to comply with the Bangko Sentral ng Pilipinas" (BSP) new rules meant to bring down digital transfer fees, a high-ranking central bank official said. BSP Deputy…...
A $75 billion valuation, 75 million global customers and on its way to America'Revolut is London's disruptor extraordinaire
51+ min ago (430+ words) Clearly for'me'the main lesson is that the [Revolut] watermark matters a lot.'When people start being promoters of Revolut, it's exciting" Investors have'noticed. Revolut's latest fund raise'valued the firm at $75bn'and Storonsky has spoken of a future IPO which could…...
e Toro leads $12. 5 M strategic investment in Extended, partners with Zengo for on-chain futures
29+ min ago (442+ words) The social trading giant is stitching together a self-custodial wallet, a perpetual futures engine, and 40 million registered users into one on-chain stack. e Toro just wrote a $12. 5 million check to Extended, an on-chain perpetual futures exchange built by former Revolut…...
Supporting liquidity management: Lloyds interview
1+ hour, 39+ min ago (934+ words) Q: At what point did fund finance move from a niche liquidity tool to embedded infrastructure for private markets platforms, and what kind of shifts drove that transition? A: Over the last decade, we have seen fund finance evolve materially alongside the…...
/C O R R E C T I O N -- SMARTLEND FINANCIAL PTE. LTD. /
2+ hour, 34+ min ago (377+ words) Disrupting SME Lending: Smart Lend Launches Free, Digital Loan Platform SINGAPORE, June 12, 2025 /PRNewswire/ -- Smart Lend, a fully digital alternative financing platform, has officially launched in Singapore, offering small and medium-sized enterprises (SMEs) a faster, more transparent way to secure funding....