Amsterdam, December 19, 2023 – In a groundbreaking move, bunq, the second largest neobank in Europe, has unveiled Finn, its proprietary Generative AI-driven platform, […]
Category: Banking
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Synctera Launches Banking as a Service (BaaS) Platform in Canada
In a strategic move to expand its footprint, Synctera, a Banking as a Service (BaaS) platform, has officially launched its services in Canada after a […]
Use of DLT set to redefine the role of banks
Distributed Ledger Technology is now vastly used in many banking functions and there is some sort of a threat that banks may change the way […]
Citizens Financial Group Launches Eco-Friendly Mastercard for Sustainable Banking
In a decisive move towards sustainability and inclusivity, Citizens Financial Group, a prominent American bank headquartered in Rhode Island, has unveiled a groundbreaking eco-friendly Mastercard […]
PRA Releases Near-Final Policy Statements on Basel 3.1 Implementation
The Prudential Regulation Authority (PRA) has taken a significant step towards the implementation of the Basel 3.1 standards by publishing the first of two near-final […]
RBI and Bank of England Sign MoU on Clearing Corporation Cooperation
The Reserve Bank of India (RBI) and the Bank of England (BoE) formalized their collaboration today by signing a Memorandum of Understanding (MoU) focused on […]
Bluevine offers unmatching conveniences to SMEs
Bluevine is an exception among neobanks, it offers interest on deposits, its rates of interest for loans are comparatively low and it accepts cash deposits: […]
Estonia’s LHV Bank prioritizes Fintechs & SMEs
The bank is slowly spreading its operations, now having set up a fully-licensed unit in the UK: Tallinn, Estonia-based LHV Bank is uniquely focused on […]
Bank of England-FCA: Fortifying Financial Oversight
In a concerted effort to fortify the supervision of financial market infrastructure (FMI) and payment systems, the Bank of England (Bank) collaborates seamlessly with the […]
North American banks turning to new technologies to stay competitive: Study
The Economist Impact study, commissioned by Temenos, highlights a significant trend in the North American banking sector: a growing emphasis on technology as a key […]