AFRICAN DEVELOPMENT BANK

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Jan 27 2026FINANCE

AI in Banking: New Challenges and Opportunities

Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni

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Jan 23 2026BUSINESS

Banks Face Funding Challenges Amid Global Tensions

Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T

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Jan 17 2026FINANCE

Credit Card Rate Cap: Banks Brace for Trump's Bold Move

Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit

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Dec 02 2025FINANCE

Big Banks Start to Like Bitcoin

Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja

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Nov 17 2025TECHNOLOGY

How Banks Are Catching Up to Tech Trends

Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years

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Oct 22 2025FINANCE

Banks and Crypto: A New Friendship?

Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c

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Oct 21 2025FINANCE

Bank of Ireland's Big Car Loan Bill

Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul

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Jul 13 2025HEALTH

How African Refugees Navigate Australia's Health System

African refugees in Australia bring with them unique health knowledge and practices. These practices are shaped by their culture and religion. But how do these practices affect their health in a new country? And how do they adapt to Australia's health system? These are big questions. The health sys

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May 04 2025HEALTH

Health Habits of African Immigrants and the Rise of Long-Term Illnesses

African immigrants in Western countries are facing a big challenge. They are battling non-communicable diseases (NCDs) at a higher rate. These are long-term illnesses that are not passed from person to person. These diseases include heart problems, diabetes, and certain cancers. These illnesses

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Mar 28 2025HEALTH

Caring for a Loved One with Dementia: The Hidden Health Risks for Black Women

African American women often take on the role of caring for family members with Alzheimer's disease and related dementias. This responsibility can lead to significant stress and neglect of their own health. One major concern is the increased risk of hypertension, or high blood pressure, which can es

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