AGP Executive Report
Last update: 2 hours agoPhilippines Courtroom Update: BDO Unibank and Security Bank won a 10-banking-day extension to submit Vice President Sara Duterte’s financial records to the Senate impeachment court, with the deadline pushed to Aug. 13. Banking Tech & Payments: i2c and American Banker will host a live Aug. 4 webinar on how issuer processors are becoming strategic partners for banks and credit unions. Digital Banking Push: Bahrain Islamic Bank (BisB) launched advanced digital corporate tools, including a fully digital cash margin letter of guarantee, automated audit confirmations, and online opening of Wakala special investment deposit accounts. Crypto Regulation & Access: Bitget will stop serving Japan residents, moving affected accounts to close-only mode after identity checks, as Japan’s crypto rules tighten. Fraud & Security Deal: Visa agreed to buy BioCatch for $2.4bn to strengthen AI-driven fraud detection and account-takeover prevention. AI for Banking Infrastructure: Maximum, backed by CRV, is raising $30m to build an AI-first bank operating system alternative aimed at embedding agentic AI into core banking. Nigeria Markets: First HoldCo became the first Nigerian banking group to top N6tn market cap, lifting Femi Otedola’s net worth to a 10-year high. Customer Experience Benchmark: OmniBSIC Bank ranked #1 in Ghana’s 2025 consumer service quality (GH-CSI), scoring 94.4%.
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.