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Category: Government

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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 […]

OSFI Unveils Guidelines to Safeguard Canadian Banks Against Foreign Interference and Security Risks
  • Government
  • News

OSFI Unveils Guidelines to Safeguard Canadian Banks Against Foreign Interference and Security Risks

  • February 1, 2024
  • 0

In a proactive move to fortify the nation’s financial sector, Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has released final […]

Bank of England and HM Treasury: Digital Pound Consultation Update
  • Government
  • News

Bank of England and HM Treasury: Digital Pound Consultation Update

  • January 30, 2024
  • 0

  The Bank of England and HM Treasury have issued a joint statement regarding the potential development of a digital pound in the UK, stating […]

RBI Proposes Framework for Self-Regulatory Organizations in FinTech Sector
  • Government
  • News

RBI Proposes Framework for Self-Regulatory Organizations in FinTech Sector

  • January 16, 2024
  • 0

    The Reserve Bank of India (RBI) has introduced a draft framework for the recognition of Self-Regulatory Organizations (SROs) in the FinTech sector, aiming […]

Government Reappoints Key Members to Prudential Regulation Committee (PRC)
  • Government
  • News

Government Reappoints Key Members to Prudential Regulation Committee (PRC)

  • January 15, 2024
  • 0

  In a recent announcement, the government has confirmed the reappointment of John Taylor, Antony Jenkins, and Tanya Castell as external members of the Prudential […]

National Bank of Oman (NBO) Partners with PayMate to Revolutionize B2B Payments 
  • Fintech
  • Government
  • News

National Bank of Oman (NBO) Partners with PayMate to Revolutionize B2B Payments 

  • January 11, 2024
  • 0

The National Bank of Oman (NBO) has inked a Memorandum of Understanding (MoU) with Indian fintech firm PayMate, marking a strategic move to modernize its […]

  • Government
  • News

RBI Urges Strengthening of Financial Institutions Amid Evolving Risks

  • December 28, 2023
  • 0

The Reserve Bank of India (RBI) recently released its “Trend and Progress of Banking in India 2022-23” report, highlighting the need for financial institutions, including […]

PRA Releases Near-Final Policy Statements on Basel 3.1 Implementation   
  • Banking
  • Government
  • News

PRA Releases Near-Final Policy Statements on Basel 3.1 Implementation   

  • December 13, 2023
  • 0

The Prudential Regulation Authority (PRA) has taken a significant step towards the implementation of the Basel 3.1 standards by publishing the first of two near-final […]

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Banking

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  • 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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