The US Federal Reserve has come out with an instant payment facility it has developed for use by the financial services institutions for the benefit […]
Category: Banking
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Kookmin Bank has a human-based AI avatar
The bank uses AI extensively and has created a virtual human to interact with its customers: Part of KB Financial Group, KB Kookmin Bank, is […]
Advancing Global Financial Inclusion: Progress, Disparities, and the Road Ahead
The Global Financial Inclusion Index 2023 serves as a comprehensive measure of financial access and usage across 174 countries and territories. This index hinges on […]
Nobel laureate Claudia Goldin uncovered key drivers of gender differences in labour market
The Royal Swedish Academy of Sciences has decided to award the Nobel Economics Prize 2023 to Claudia Goldin, Harvard University, Cambridge, MA, USA, “for having […]
Wema Bank: 75% of customers have embraced digital platforms
Advanced analytics, AI and ML help the Nigerian commercial bank to identify and manage risks more effectively: Wema Bank is a Nigerian commercial bank, licensed […]
Kasikornbank setting to become a regional digital bank of AEC+3
Thailand’s Kasikornbank has major plans to be a true digital bank of the region: Thailand’s Kasikornbank, better known as KBank, is emerging as the Regional […]
BofA Marathon generates record $386 Mn for Chicago Economy
The Bank of America Chicago Marathon continues to generate significant impact for the city of Chicago, with the 2022 race contributing a record-breaking $386 million […]
Fintech and Neobank under the same Umbrella
Bank Leumi is Israel’s oldest bank, having founded in 1902 as a subsidiary of the Jewish Colonial Trust. Its primary aim was to promote industry, […]
Philippines’ oldest bank is the leader in digitization
Bank of the Philippine Islands has been an early mover in tech implementation and today it has the cutting-edge tech tools at its disposal: Bank […]
Misr Digital Innovation – Egypt’s first fully digital bank
It has now set up a digital bank, MDI, which is expected to transform the banking experience in the country: Egypt’s Banque Misr is a […]
