HSBC USA has announced that it has hired Silicon Valley veterans, led by David Sabow, to establish a dedicated banking practice focused on the innovation […]
Category: Banking
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Nordea Bank: USP is chat-first approach
Nordea Bank sees digitization as a process comprising omnichannel banking, holistic personalized advice and transparent sustainability down to a personal level: The 200-year-old Nordea Bank, […]
Current builds tech that appeals to Gen Z
US neobank Current has been able to attract millennials and Gen Z customers with its unique offerings: New York City-based neobank Current is uniquely offering […]
CBUAE launches CBDC strategy
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 CBUAE Central Bank Digital Currency (CBDC) strategy,
Bank of America announces redemption of €2.0 billion of floatinate Senior Notes, due April 25, 2024
Bank of America announces redemption of €2.0 billion of floatinate Senior Notes, due April 25, 2024
Bank of America Corporation Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities
The Bank of Canada has published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2022 Annual Report. The Report reviews the Bank’s oversight of designated clearing and settlement systems, also known as financial market infrastructures (FMIs).
Bank of Canada FMI oversight activities annual report released
The Bank of Canada has published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2022 Annual Report. The Report reviews the Bank’s oversight of designated clearing and settlement systems, also known as financial market infrastructures (FMIs).
Cross-border QR code payments connectivity launched between Singapore & Malaysia
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have launched a cross-border QR code payment linkage between Singapore and Malaysia. This payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes. It will support in-person payments through the scanning of physical QR codes displayed by merchants, and online cross-border e-commerce transactions.
Bank of America names Lindsay Hans & Eric Schimpf Presidents and Co-Heads of Merrill Wealth Management
Bank of America has announced that Lindsay Hans and Eric Schimpf have been appointed president and co-head of Merrill Wealth Management, reporting to Bank of America Chair and Chief Executive Officer Brian Moynihan.
Over 10 mn BofA clients use Life Plan to pursue financial goals
Bank of America has announced that more than 10 million clients have used Life Plan since its launch in late 2020. Available on the Bank of America mobile app and online banking platform,