How Do Credit Cards Work

Ingenious evolution of the modern bankcard Every time a bank card is swiped data points are transferred, analysed and an authorisation decision is made within the blink of an eye. Within 300 milliseconds to be precise. Rajat Taneja, the president

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Challenging World, Capable Bank: CBBH has Thrived Despite Litany of Disorder on International Stage

The Central Bank of Bosnia and Herzegovina (CBBH) started operating in 1997 as the sole institution responsible for issuing currency and monetary policy in the country. Its objective is to maintain the stability of the domestic currency, the convertible marka,

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Cambodia’s Wing Bank: Art of Becoming ‘Necessary’ — and Creating a Bank for Every Cambodian

Bill Gates once said, “Banking is necessary, but banks are not.” Those words struck a chord with the CEO of Cambodia’s Wing Bank, Han Peng Kwang — who resolved to make his financial institution “necessary”. Banking started with the Medici

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KBC Keeps Moving to Maintain its Lead

‘Sustainability is no longer just a PowerPoint presentation, but an integral component of our business at KBC…’ Belgium’s KBC Group may not be Europe’s largest bank — 18th by market capitalisation — it is considered one of the most financially

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Mortgages Agreed Within Seconds? This Banker Vaults Digital Frontiers

KBC Bank chief executive Johan Thijs has no truck with bureaucracy or time-wasting — but stays upbeat, reports Wim Romeijn. Meet Kate. She’s your personal digital assistant. Ask her anything and she’ll show you the way. Now, Kate is —

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Jusan Bank’s Nurdaulet Aidossov: Deep Fintech and Telecom Collaboration

‘We have built a golden digital bridge between business and retail client,’ says Jusan Bank CEO Nurdaulet Aidossov. Banking and financial services came early into every Kazakhstani’s life. No wonder, then, that the sector there is advancing by leaps and

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World Bank MD and CFO Anshula Kant: Financing Where It Matters Most

Financing Where It Matters Most — People, The Planet, and the Role of Investors Amid overlapping crisis facing the world, developing countries face the greatest risks as they are home to a great share of the world’s poor and most

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Deloitte & Touche: The Middle East’s Boost From Bank and Corporate Initiatives

The successful issuance of the Abu Dhabi Commercial Bank (ADCB) inaugural green bond in September 2022 is the latest in a series of green finance initiatives that have taken place in the Middle East. ADCB raised US$500m to support the

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Paolo Sironi, IBM: All Eyes on Financial Services Cyber-Resilience

No industry is fully immune from cybersecurity threats, from water pipelines to healthcare, financial services included. According to experts, regulators and government officials, all signs indicate that cybersecurity is here to stay and, most of all, is categorically different from

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Michael Saylor: How to Make Money with Bitcoin

Michael Saylor: Bitcoin is the family farm. Don’t panic! BY TONY LENNOX Michael Saylor describes his journey to bitcoin legend status as an accident. “I kind of fell off the turnip truck and hit my head on a pot of

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