Traditional banks will concede significant ground to challengers over the next four years and give up trillions of dollars of revenues to tech-native firms, according to Bain. A r ...

A building in the Dubai International Financial Centre was struck by debris from an intercepted drone on Friday morning, the ...

International and local banks across the Gulf region have closed branches and told staff to work from home after debris from an Iranian drone hit a building on the outskirts of the Dubai International ...

Amazon Web Services facilities in the United Arab Emirates are still facing disruption over a week after drone strikes damaged data centres and affected banking apps, according to some of the ...

Revolut has around 13mn customers in the UK, a long way short of the more than 20mn at Lloyds, Barclays and NatWest. HSBC, ...

HSBC and StanChart ‘most exposed to Middle East conflict’, says JPMorgan. HSBC and Standard Chartered are the European banks most exposed to the escalating conflict in the Mid ...

Banks are being urged to help combat a rise in juvenile cyber crime by detecting anomalies such as unexpected deposits or sudden luxury spending in accounts held by young customers.

The US will publish lower capital requirements within the coming week to boost lending among the country’s banks to the real economy, the Federal Reserve’s top bank regulator has said. In a speech at ...

The staggering growth of artificial intelligence and the infrastructure required to power it is reverberating through the banking industry. Big tech companies are undertaking massive investments to ...

Iranian regime spokesman Ebrahim Zolfaqari warned people to stay at least a mile away from banks in the Gulf region, which ...

Revolut has been awarded a full UK banking licence five years since it first applied, after receiving regulatory approval from the Prudential Regulation Authority.

Widespread adoption of open banking could generate up to £43bn a year in economic benefits for the UK, according to research published ahead of an independent assessment that will inform decisions on ...