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Business banking ‘a standout’ as Kiwibank sees full-year profit drop

Navigation for News Categories Kiwibank chief executive Steve Jurkovich Photo: Kiwibank Kiwibank has posted a lower full-year profit on the back of increased costs and a fall in margins. Key numbers for the year ended June compared with a year ago: Net profit $191m vs $202m Net interest income $858m vs $824m Lending $35.8b vs

Banking Giants Exploring Inter-Bank Stablecoin

Reading Time: 2 minutesMajor U.S. banks have initiated talks to develop a shared stablecoin for interbank settlements The proposed token would be backed 1:1 with U.S. dollars and built on permissioned blockchain infrastructure JPMorgan’s JPM Coin is not part of the effort but serves as an example of bank-issued digital assets in use today Several

Indian banking saw a 40% increase in wilful defaults in two years

Indian banks have managed to bring down non-performing loans (NPA) in two years, but their wilful defaults rose by 38.5%, or $11.4 billion.Read more...

Canada’s banking regulator seeks input on proposals that could mean big changes for mortgage lending

Canada's banking regulator seeks input on proposals that could mean big changes for mortgage lending  The Globe and Mail Banking regulator launches consultations on mortgage rules, proposes additions - Business News  Castanet.net B…

Digital Banking Market to Witness Massive Growth by 2028 : Backbase, Technisys, Infosys

The Global Digital Banking Market to witnessed good recovery in growth post first half of 2022 and is projected coverup market sizing during the forecast period (2022-2028).Pune, Maharashtra -- (SBWIRE) -- 12/28/2022 -- The Latest research study released by HTF MI "Global Digital Banking Market" with 100+ pages of analysis on business Strategy taken up

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College Football Offseason Buzz: Tom Moore Returns to Iowa as Senior Consultant

This is college football. At some point, the games pause, but the news and drama never does. Here's an offseason tracker for buzz across the college football landscape, including coaching changes, injury news, personnel moves and more. Tom Moore Returns to Iowa at 87 as senior consultant The Iowa Hawkeyes  announced the hiring of former

Football Is Life: ‘Ted Lasso’ Star Cristo Fernandez Lands Deal With USL Club

Forward Cristo Fernandez, the actor who portrayed Dani Rojas on the Apple TV series "Ted Lasso" has signed with El Paso Locomotive FC of the USL Championship to play soccer professionally. Terms of the deal announced Tuesday, which still must be approved by the second-tier league and soccer federation, were not disclosed. Fernandez earned the

The quiet grit of Cowboys legend Craig Morton

The Dallas Cowboys family and the football world lost a true pioneer this past Sunday with the passing of Craig Morton. As one of the original cornerstones of the franchise, Morton helped transform the Cowboys from a young expansion team into a perennial powerhouse. He carried himself with a quiet dignity and a toughness that

College Football’s No. 10 TE Recruit Set to Visit Three Elite Programs

One of the top-flight prospects coming out of the state of Ohio and among the best targets in the 2027 college football recruiting class is poised to take some consequential visits to national programs in the weeks to come, but the Buckeyes notably aren’t among them. Four-star Columbus (Ohio) Francis DeSales national No. 10 ranked

Playson builds on strong growth in Switzerland with StarVegas partnership

Playson, the accomplished digital entertainment supplier, has further solidified its footprint in the regulated Swiss market by entering a strategic partnership with StarVegas, one of the country’s first licensed online casino operators. StarVegas is a leading Swiss online casino brand operated by Casino Interlaken, one of the country’s most established land-based casino groups. It is