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 […]
Category: News
Entrust Explores Acquisition of Onfido: Enhancing Identity Verification
Entrust, a renowned global leader in payments, identities, and data security, has initiated discussions to acquire Onfido, a prominent London-based company specializing in cloud-based, AI-powered […]
WOCCU Unveils ‘Hub C’ Initiative: Empowering Credit Unions to Drive Digital Innovations
In a significant move towards achieving its Challenge 2025 objectives, the World Council of Credit Unions (WOCCU) has introduced the groundbreaking ‘Hub C’ initiative. This […]
Mastercard and Pagero Revolutionize Cross-Border Payments for Businesses
Mastercard and Pagero have joined forces to introduce an integrated solution aimed at transforming cross-border and domestic payments for businesses worldwide. This collaboration integrates Mastercard’s […]
December 2023 SESFOD Survey: Credit and Market Trends
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 […]
Fintech Galaxy Launches Open Banking Compliance Services in the UAE
Fintech Galaxy, a pioneering force in financial technology solutions, has unveiled its latest venture in the United Arab Emirates (UAE) with the introduction of Open […]
NPCI and Lyra Launch UPI in France
In a landmark collaboration, NPCI International Payments Limited (NIPL), in conjunction with Lyra, a distinguished leader in securing e-commerce and proximity payments, has unveiled the […]
KPMG UK and Xceptor Forge Strategic Alliance to Revolutionize Tax Solutions
KPMG UK and Xceptor, a leading intelligent automation platform for financial markets, have announced a strategic partnership aimed at revolutionizing tax solutions for financial services. […]
OSFI Unveils Guidelines to Safeguard Canadian Banks Against Foreign Interference and Security Risks
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 […]
Symcor Appoints Holger Kormann as President and CEO, Succeeding Chameli Naraine
Symcor, a leading Canadian business solutions provider, recently announced the appointment of Holger Kormann as its new President and Chief Executive Officer, succeeding Chameli Naraine, […]