AGP Executive Report
Last update: 11 hours agoBank Lending: Iraq’s finance minister has ordered state-owned Rafidain Bank to resume loans to public-sector employees and expand financing for private businesses, after liquidity pressures led banks to restrict lending. AI and Advice: The UK’s FCA wants clearer warnings alongside AI-generated financial guidance, saying many consumers do not know they lack recourse if they act on it. Fintech Funding: Philippine lender Salmon secured a further $140 million in equity and debt to support its growth. Payments Access: South Africa plans to open its payments system to non-bank providers from 2027, widening the field for fintechs. Fraud Controls: FTS.Money has teamed up with identity and compliance providers to bring business verification, sanctions screening and deepfake-aware checks into payment onboarding. Cyber Risk: The IMF has warned that cyberattacks on financial infrastructure could disrupt payments and credit, putting market confidence at risk.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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