The global market intelligence platform, Tracxn, has unveiled its comprehensive ‘FinTech – India Semi-Annual Funding Report – H1 2023’. Harnessing its vast data repository, the […]
Category: Banking
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Strong digital usage continues for Bank of America
Bank of America has just released its second-quarter financial report, showcasing outstanding growth and strong digital adoption across its platforms. The bank reported net income […]
FedNow: Revolutionizing Real-Time Money Transfers for All Americans
FedNow, launched by the Federal Reserve on Thursday, is a groundbreaking initiative aimed at revolutionizing the way Americans transfer money by enabling instant and real-time […]
CoinDCX partners with Jocata to bolster compliance processes
Jocata, a RegTech platform provider for the BFSI industry, has announced its partnership with crypto company CoinDCX to further strengthen their Anti-Money Laundering (AML) compliance […]
Emirates NBD elevates WhatsApp banking service
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has launched an enhanced and upgraded version of its […]
Basel Committee finds US compliant with NSFR, LEX
The United States implementation of the Net Stable Funding Ratio (NSFR) standard and large exposures (LEX) framework are largely compliant with the global standards set […]
UAE banking sector well-capitalised with adequate liquidity buffers
The Central Bank of the UAE (CBUAE) has issued its Financial Stability Report for 2022. The report provides a comprehensive assessment of the stability of […]
Bank of Canada raises policy rate by 25bps, continues quantitative tightening
The Bank of Canada has recently raised its target for the overnight rate to 5%, accompanied by the Bank Rate at 5¼% and the deposit […]
NAB migrates 70%+ applications to cloud
National Australia Bank believes moving to the cloud is crucial for the effectiveness of digital transformation: Australia has a distinction in that 4 out of […]
Majority – serving the migrant community
Majority is a unique digital platform exclusively meeting the banking and financial needs of the migrants in the US: Majority is a mobile-only bank exclusively […]