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Category: Government

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Basel Committee Strengthens Counterparty Credit Risk Management with New Guidelines
  • Government

Basel Committee Strengthens Counterparty Credit Risk Management with New Guidelines

  • May 2, 2024
  • 0

The Basel Committee on Banking Supervision (BCBS) has published a consultation document outlining new guidelines for counterparty credit risk (CCR) management.  These proposed guidelines aim […]

G7 Strengthens Financial Sector Resilience with Cross-Border Cyber Exercise
  • Government
  • News

G7 Strengthens Financial Sector Resilience with Cross-Border Cyber Exercise

  • May 2, 2024
  • 0

The G7 Cyber Expert Group (CEG) successfully completed a cross-border coordination exercise on April 17th, 2024, simulating a large-scale cyberattack on financial institutions across all […]

Central Banks Join Forces to Explore Blockchain-Based Payments System: Project Agorá
  • Government
  • News

Central Banks Join Forces to Explore Blockchain-Based Payments System: Project Agorá

  • April 5, 2024
  • 0

The Bank for International Settlements (BIS), along with central banks from seven major economies, announced a groundbreaking initiative called Project Agorá. This project aims to […]

ECB and EBA Spearhead Efforts for Efficient Banking Industry Data Reporting
  • Government
  • News

ECB and EBA Spearhead Efforts for Efficient Banking Industry Data Reporting

  • March 21, 2024
  • 0

In a landmark move towards enhancing efficiency and reducing costs in the banking industry, the European Central Bank (ECB) and the European Banking Authority (EBA) […]

FM urges RBI to hold monthly meetings to address fintech sector’s concerns
  • Government
  • News

FM urges RBI to hold monthly meetings to address fintech sector’s concerns

  • February 27, 2024
  • 0

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired a strategic meeting with leaders from the startup and fintech communities in New Delhi. The […]

EU Adopts Instant Payments Regulation to Expedite Fund Transfers
  • Government
  • News

EU Adopts Instant Payments Regulation to Expedite Fund Transfers

  • February 13, 2024
  • 0

The European Union (EU) has enacted new regulations to ensure swift fund transfers to the bank accounts of retail clients and businesses across its member […]

UPI and RuPay Expand Reach: India Strengthens Digital Ties with Sri Lanka and Mauritius
  • Fintech
  • Government
  • News

UPI and RuPay Expand Reach: India Strengthens Digital Ties with Sri Lanka and Mauritius

  • February 12, 2024
  • 0

In a historic move for South Asian connectivity, the Unified Payment Interface (UPI), India’s popular digital payment system, was launched in both Sri Lanka and […]

RBI Expands Use Cases for CBDC, Introduces Offline Functionality
  • Government
  • News

RBI Expands Use Cases for CBDC, Introduces Offline Functionality

  • February 9, 2024
  • 0

In a significant move aimed at enhancing financial inclusion, the Reserve Bank of India (RBI) Governor, Shaktikanta Das, announced the expansion of the Central Bank […]

OSFI Introduces New Supervisory Framework to Modernize Financial Supervision
  • Government
  • News

OSFI Introduces New Supervisory Framework to Modernize Financial Supervision

  • February 9, 2024
  • 0

The Office of the Superintendent of Financial Institutions (OSFI) unveiled its new framework for supervision today, signaling a significant overhaul in its approach to overseeing […]

December 2023 SESFOD Survey: Credit and Market Trends
  • Government
  • News

December 2023 SESFOD Survey: Credit and Market Trends

  • February 5, 2024
  • 0

The European Central Bank (ECB) released the findings of the December 2023 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives […]

Banking

  • U.S. Bank Global Fund Services Taps Fenergo to Drive Digital Investor Onboarding

    U.S. Bank Global Fund Services (GFS) has selected Fenergo, a leading provider of Client Lifecycle Management (CLM) solutions, to digitize and streamline its investor onboarding […]

  • UBI Federal Credit Union Partners with Tyfone to Boost Digital Banking Security and Member Experience

    Plainville, CT- In a strategic move to enhance digital security and deliver a superior banking experience, UBI Federal Credit Union has selected Tyfone’s nFinia® Digital […]

  • SouthTrust Bank Taps Jack Henry to Power Next Phase of Digital Growth and Efficiency

    SouthTrust Bank has selected Jack Henry™ as its core technology partner in a strategic move to modernize its banking infrastructure, enhance digital services, and accelerate […]

  • LuLu Financial and Abhi Launch Instant Earned Wage Access & Remittance Services in UAE

    LuLu Financial Holdings, a global financial services leader, has announced a strategic partnership with Abhi Middle East Limited, a rising fintech innovator, to launch a […]

  • C&N Merges with Susquehanna to Form $3.2 Billion Community Banking Leader in Pennsylvania

    Wellsboro, PA & West Milton, PA – May 15, 2025 – Citizens & Northern Corporation (NASDAQ: CZNC), the parent company of Citizens & Northern Bank, […]

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