The Monetary Authority of Singapore (MAS) has imposed on DBS Bank an additional capital requirement, following the widespread unavailability of DBS Bank’s digital banking services […]
Category: Banking
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Bank of Canada launches public consultations on a digital dollar
The Bank of Canada has launched an online public consultation on the features that could be included in a digital Canadian dollar. The consultation will […]
Ajay Banga Selected 14th President of the World Bank
The Executive Directors of the World Bank have selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023. […]
Israel’s Bank Leumi had a neobank way back in 2017
Bank Leumi has been in the forefront of digitization and adoption of technology quite early and this has benefited its customers: It was in 2015 […]
New digital businesses of BNP Paribas have performed well
The Board of Directors of BNP Paribas has examined the Group’s results for the first quarter of 2023. The Group’s pre-tax income amounted to 2,377 […]
US Treasury-MAS strengthen cross-border cyber incident coordination
The United States Department of the Treasury and the Monetary Authority of Singapore (MAS) carried out a cross-border cybersecurity exercise from 25 to 27 April […]
CBUAE launches the Central Bank Digital Currency Strategy ‘The Digital Dirham’
The Central Bank of UAE (CBUAE) jointly held a signing ceremony with G42 Cloud and R3 to mark the commencement of the implementation of the […]
BofA Community Development Banking provides record $7.85 bn in lending & investing in 2022
Bank of America Community Development Banking (CDB) provided $7.85 billion in loans, tax credit equity investments, and other real estate development solutions in 2022, surpassing […]
Truist Bank: Technology + Touch = Trust
Truist Financial Corporation has a unique digital strategy – digital straddle: The Charlotte, North Carolina headquartered Truist Financial Corporation had formulated a digital strategy – […]
U.S. Bank announces key leadership team changes
U.S. Bank has announced several changes to its executive leadership team to succeed two leaders who are leaving the company this summer. “We are proud […]