COGNICURRENT

Lloyds Bank will no longer allow the opening of certain accounts in branches, pushing customers to use its digital platform instead.

Colombian bank Bancolombia has publicly apologized to its clients for failures in its digital and transactional services, ensuring it is working on stabilizing its systems.

European Central Bank President Christine Lagarde stated that artificial intelligence has not yet led to massive layoffs in the Eurozone, while also emphasizing the importance of completing projects like the digital euro during her term.

Nigeria has received a $100 million investment from the European Bank for Reconstruction and Development to support the nationwide connectivity initiative, Project Bridge.

The European Central Bank plans to launch a controversial digital Euro by 2029, amidst diverse opinions and the support from unexpected political figures.

This article provides essential advice on securing bank accounts against increasing digital banking fraud.

Lobatse Town Council has launched an app in partnership with First National Bank to improve the efficiency of rate collections from property owners.

The Reserve Bank of India (RBI) has mandated banks to eliminate misleading practices from their apps to enhance transparency in digital banking by 2026.

The African Development Bank and UNDP have launched the AI 10 Billion Initiative to enhance AI adoption and digital economic growth in Africa.

Eswatini's Ministry of Health is digitizing community health services with the introduction of an electronic reporting system to improve efficiency and data accuracy.

São Paulo Police are conducting an operation against a criminal organization involved in digital fraud and money laundering, blocking 86 bank accounts that could total R$ 100 million.

US sanctions are pushing the European Central Bank to expedite the development of a digital euro to avoid dependence on foreign payment systems.

Hana Bank has launched a new service called 'Digital 9 PM Lounge' that allows banking operations until 9 PM on weekdays, catering mainly to working professionals and small business owners.

The Spanish digital bank BBVA plans to launch a credit card for its German customers ahead of the summer travel season, expanding its services to compete with other neobanks.

The introduction of the digital euro could cost European banks between 4 and 6 billion euros over four years, according to a European Central Bank official.

Plata has received authorization from the CNBV to begin operations as a Multiple Banking Institution in Mexico after a three-year regulatory process.

Plata has been authorized by the CNBV to operate in the Mexican banking sector, marking a significant advancement in digital banking.

A study shows that customers with checking accounts at local banks in rural areas of Germany often pay higher fees than those in urban areas, particularly for digital payments.

François Villeroy de Galhau, Governor of the Bank of France, asserted that cash will always be available in France despite its declining usage.

Concerns regarding data privacy and security are hindering Nigeria's efforts to increase financial inclusion despite significant investments in digital infrastructure.

Private banks in Ecuador will provide limited services during the carnival holiday, ensuring customers can perform various transactions via ATMs, non-bank correspondents, and digital banking.

The article discusses the European Central Bank's (ECB) overreach into areas beyond its mandate, warning that this could have dangerous implications as inflation stabilizes.

The Credit Guarantee Fund (FGC) has announced an advance payment of guarantees to Will Bank creditors with up to R$ 1,000, allowing around 6 million clients to receive their funds through the bank's app.

Service providers from one of Brazil's largest digital influence agencies, Mynd, negotiated social media posts that favored São Paulo Governor Tarcísio de Freitas and criticized the Central Bank.

The United Bank for Africa has launched a new Aggregator Sales Structure to enhance its Agency Banking Network and promote financial inclusion in Nigeria.

Lloyds Banking Group has announced the closure of 95 branches across the UK, affecting customers of Lloyds Bank, Halifax, and Bank of Scotland, with closures scheduled from May 2026 to March 2027.

Mobile deposits are a banking product managed exclusively through mobile applications, allowing users to save conveniently without visiting a bank branch.

The European Central Bank has called on EU leaders to enhance the single market as a means to revitalize the economy amidst a global geopolitical turmoil.

The European Central Bank (ECB) is highlighting the digital euro and further research as key priorities for the upcoming EU summit, according to a leaked document.

The European Parliament has given the first approval for a digital euro, ensuring its functionality both online and offline.

The World Bank warns that digital jobs in developing countries pose risks due to insufficient regulation and labor protections.

Kuda Microfinance Bank has received a national microfinance bank license from the Central Bank of Nigeria, enabling expansion of its operations across the country.

The European Parliament has endorsed the issuance of both online and offline versions of a digital euro, contrasting with the initial proposal focusing solely on the online aspect.

The European Parliament has approved the issuance of a digital euro with both online and offline functionalities.

The Iraqi central bank has stated there is no intention to change the dinar exchange rate, with ongoing measures to ensure market stability.

Pierro Tsipolone highlighted the benefits of the digital euro for consumers, merchants, and payment service providers at a speech in Cyprus.

The head of a major European bank consortium has called for the EU to urgently reduce its reliance on US payment systems like Visa and Mastercard.

In a recent radio interview, Yannis Stournaras emphasized that political stability is critical for a country's success, especially amid global uncertainties.

The European digital currency aims to reduce dependency on foreign companies.

The article discusses the European Central Bank's initiative to launch a digital euro by 2029 and emphasizes the need for public engagement in understanding this shift.

The European Central Bank is developing a digital euro to adapt to the digital economy and maintain control over payment systems amidst geopolitical tensions.

In 2025, Brazil's PIX payment system recorded R$ 35.4 trillion in transactions, marking a 33.6% increase from the previous year and approaching full adult adoption in the country.

A Victorian school teacher had his digital identity compromised while applying for rental properties online, leading to unauthorized access to his bank account.

The owner of Tresory Bank, Eduardo Scatambulo Ribeiro, is under investigation by the São Paulo Civil Police for suspicion of financial system crimes, money laundering, fraud, and organized crime.

This article discusses how OTP scams, often initiated through phone calls posing as bank officials, have become a rapidly spreading form of cybercrime in India, particularly with the increase in digital payments.

Nubank was ordered by the Maranhão court to pay R$ 3,000 to a client for closing their account without justification or prior notice and keeping it inaccessible for nearly a month.

Nubank, a Brazilian fintech company, aims to establish a presence in the United States as it strives to become the most valuable digital bank in the West.

A report from the Bank of Italy indicates a rise in fraud cases involving prepaid cards in the first half of last year, with an incidence of 31 euros in fraudulent transactions per 100,000 euros transacted.

OPay has been awarded Fintech/Digital Bank of the Year 2025 by The Sun Publishing Limited, marking the first time this category has been introduced at the awards.

Nigeria's fintech sector experienced a remarkable 70% growth in 2025, marking its rise as a prominent digital finance hub in Africa, according to the Central Bank of Nigeria.