The Reserve Bank of India (RBI) has introduced a draft framework for the recognition of Self-Regulatory Organizations (SROs) in the FinTech sector, aiming […]
Category: News
Government Reappoints Key Members to Prudential Regulation Committee (PRC)
In a recent announcement, the government has confirmed the reappointment of John Taylor, Antony Jenkins, and Tanya Castell as external members of the Prudential […]
Downpayments Launches in Florida with $32.8 Million Funding Boost
US-based lender Downpayments has entered the Florida market, backed by an impressive $31.8 million in initial debt funding from Partners for Growth and an additional […]
National Bank of Oman (NBO) Partners with PayMate to Revolutionize B2B Payments
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 […]
Receipts Depositary Corporation (RDC) Launches First Bitcoin Depositary Receipt (BTC DR)
Receipts Depositary Corporation (RDC) recently announced the groundbreaking launch of the first-ever Bitcoin depositary receipt (BTC DR). RDC anticipates issuing the inaugural BTC DRs in […]
Royal Bank of Canada (RBC) Gains Approval for HSBC Bank Canada Acquisition
In a significant development, the federal Minister of Finance has given the green light for Royal Bank of Canada (RBC) to proceed with the acquisition […]
HSBC Ventures into Global Retail Payments Market with Launch of Zing App
In a strategic move set to disrupt the status quo of the international payments landscape, HSBC is gearing up to debut its cutting-edge payments app, […]
RBI Urges Strengthening of Financial Institutions Amid Evolving Risks
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 […]
bunq Revolutionizes European Banking with GenAI Platform, Finn
Amsterdam, December 19, 2023 – In a groundbreaking move, bunq, the second largest neobank in Europe, has unveiled Finn, its proprietary Generative AI-driven platform, […]
Synctera Launches Banking as a Service (BaaS) Platform in Canada
In a strategic move to expand its footprint, Synctera, a Banking as a Service (BaaS) platform, has officially launched its services in Canada after a […]