Bank
PayPal layoffs hit Israel as payment giant restructures global operations
The cut will hit the Tel Aviv development center, which develops artificial intelligence systems to analyze transactions in real time, detect fraud, and prevent money laundering.
Netherlands main bank moves most gold reserves from America amid deteriorating EU-US relations
Bank Leumi app adds Arabic, Russian and French in Israeli banking first
UK fines US-headquartered Citibank's London unit £4.7 million under Russia sanctions laws
Next Israeli gov't main issue will be controlling defense budget, Bank Hapoalim CEO told conference
Yadin Antebi told EY’s annual real estate conference that Israel’s defense budget would heavily shape the public’s standard of living in the coming years.
Palestinian Authority pushes for digital transactions to ease financial crisis
Under the current restrictions, Palestinian banks can only return physical currency through Bank Hapoalim and the Israel Discount Bank, with a cap of NIS 18 billion annually.
Insolvency order against Nochi Dankner
The Tel Aviv Magistrates Court accepted the banks' request and issued an order to open proceedings after Dankner announced that he does not contest the debt and agrees to the move.
The $820 billion report: Why the S&P 500 is going to break a record?
Investment bank UBS estimates that $820 billion in artificial intelligence investments will expand the market rally and push the S&P 500 index to a new record.
The new superpower: The lesson that Israel must learn
The Seoul stock exchange surged by 218% this year. With similar starting conditions, including a continuous security threat, Israel still has a lot to learn.
Customers complained – and the rules changed: This is how bank credit fees were reduced
Following customer complaints – Discount Bank reduced the tariff for credit and check handling fees.
Trump regulatory probe finds US lenders may have 'debanked' people on political grounds
The accused banks deny political bias, instead citing risk management however, Trump and other Republicans allege discrimination.
Bankers need to start viewing AI as a solution rather than a threat
If we approach AI as a connectivity solution rather than a workforce threat, we’ll modernize our infrastructure & strengthen the relationships that define our relevancy in a rapidly evolving industry
Iran says limited cyberattack disrupts services at four banks - report
Iran's banking coordination council said no unauthorized access to customer information had occurred, and no data had been deleted.
Lebanon burns foreign reserves to hold pound steady in face of devastating war losses - analysis
Currency stability has held near 89,500 to the dollar, but reserves, banks, households, and public confidence remain under heavy strain.
