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Category: Government

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UK Government Proposes New Rules for Buy Now, Pay Later (BNPL) Products
  • Banking
  • Government
  • News

UK Government Proposes New Rules for Buy Now, Pay Later (BNPL) Products

  • October 23, 2024
  • 0

The UK government is set to introduce new protections for users of Buy Now, Pay Later (BNPL) services, bringing them under the regulatory oversight of […]

U.S. Faster Payments Council Releases Groundbreaking Study on Instant Payments Adoption
  • Government
  • News
  • Technology

U.S. Faster Payments Council Releases Groundbreaking Study on Instant Payments Adoption

  • October 4, 2024
  • 0

The U.S. Faster Payments Council (FPC) has unveiled its 2024 U.S. Instant Payments Adoption Quantitative Study, marking a significant step in understanding the future of […]

Bank of England, UK Finance Lead SIMEX 24 to Boost Financial Sector Resilience
  • Government
  • News

Bank of England, UK Finance Lead SIMEX 24 to Boost Financial Sector Resilience

  • October 3, 2024
  • 0

The Bank of England, in collaboration with UK Finance, HM Treasury, and the Financial Conduct Authority, has successfully completed its latest UK-wide simulation exercise, SIMEX […]

White Rose Credit Union Names Bryan C. Smith as New CEO Following Debra Kauffman’s Retirement
  • Government
  • News

White Rose Credit Union Names Bryan C. Smith as New CEO Following Debra Kauffman’s Retirement

  • October 1, 2024
  • 0

White Rose Credit Union has officially appointed Bryan C. Smith as its new President & CEO, effective immediately. Bryan, previously serving as the Finance & […]

Singapore Retail Banks to Implement Singpass Face Verification for Enhanced Digital Security
  • Government
  • News

Singapore Retail Banks to Implement Singpass Face Verification for Enhanced Digital Security

  • September 20, 2024
  • 0

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced that major retail banks will begin rolling out Singpass Face […]

U.S. Faster Payments Council Releases New Guideline on Instant Payments
  • Government
  • News

U.S. Faster Payments Council Releases New Guideline on Instant Payments

  • September 17, 2024
  • 0

The U.S. Faster Payments Council (FPC) has announced the release of its latest publication, “Operational Considerations for Receiving Instant Payments.” This comprehensive guideline, developed by […]

OSFI Introduces New Quarterly Regulatory Update and Revised Guideline E-21
  • Government
  • News

OSFI Introduces New Quarterly Regulatory Update and Revised Guideline E-21

  • September 2, 2024
  • 0

On August 22, 2024, the Office of the Superintendent of Financial Institutions (OSFI) launched its inaugural quarterly release of regulatory changes, marking a significant shift […]

RBI Unveils Unified Lending Interface (ULI) to Streamline Credit Access
  • Government
  • News

RBI Unveils Unified Lending Interface (ULI) to Streamline Credit Access

  • August 27, 2024
  • 0

The Reserve Bank of India (RBI) announced the launch of the Unified Lending Interface (ULI), a groundbreaking platform designed to facilitate frictionless credit flow, particularly […]

MAS Boosts Financial Sector with Additional S$100 Million for Quantum and AI Technologies
  • Government
  • News

MAS Boosts Financial Sector with Additional S$100 Million for Quantum and AI Technologies

  • July 22, 2024
  • 0

The Monetary Authority of Singapore (MAS) has announced an additional S$100 million commitment under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0). This […]

Saudi Central Bank Introduces “Naqd” Platform for Government Banking Services
  • Government
  • News

Saudi Central Bank Introduces “Naqd” Platform for Government Banking Services

  • July 17, 2024
  • 0

The Saudi Central Bank (SAMA) has launched “Naqd,” a digital platform designed to facilitate government banking services. This platform allows government agencies to securely access […]

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Banking

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  • Starling Expands to Canada, Eyes North American Growth via Banking Software Platform ‘Engine’

    UK-based neobank Starling is establishing a presence in Canada, opening a new office in Toronto as part of its broader North American expansion strategy. The […]

  • BNPL Credit Reporting Plans Stall as Klarna, Afterpay Withhold Data Over Fairness Concerns

    Efforts to include Buy Now, Pay Later (BNPL) loans in credit scores are facing early resistance, as major providers Klarna and Afterpay announce they will […]

  • Lloyds Bank Taps Hedera Blockchain in Landmark Tokenized Collateral Pilot, Signaling Major DeFi Shift

    In a surprising yet significant move, Lloyds Bank, one of the UK’s most traditionally conservative financial institutions, has partnered with Aberdeen Investment and digital asset […]

  • AI
    RBC’s ATOM AI Model Redefines Banking with Hyper-Personalized Client Insights and Scalable Intelligence

    TORONTO, July 29, 2025 — Royal Bank of Canada (RBC) has announced significant progress in its AI journey with its proprietary foundation model, ATOM (Asynchronous […]

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