The Monetary Authority of Singapore (MAS) has directed remittance companies to only collaborate with banks, card network operators like UnionPay International, or licensed financial institutions for […]
Category: News
Google Pay’s BNPL Integration Fuels 2024 Surge
As the buy now, pay later (BNPL) trend gains momentum and analysts predict its dominance in 2024, Google’s recent adoption of this technology is set […]
Citizens Financial Group Launches Eco-Friendly Mastercard for Sustainable Banking
In a decisive move towards sustainability and inclusivity, Citizens Financial Group, a prominent American bank headquartered in Rhode Island, has unveiled a groundbreaking eco-friendly Mastercard […]
PRA Releases Near-Final Policy Statements on Basel 3.1 Implementation
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 […]
AccessPay & Sage collaborate to Elevate Reconciliation Processes
Manchester, UK – December 12, 2023 – AccessPay, a leading corporate-to-bank integration provider, is delighted to announce its collaboration with Sage, emerging as a […]
RBI’s Strategic Move: Nurturing Transparency and Ethical Practices in Digital Lending
In a significant stride towards fostering transparency, ethical practices, and safeguarding consumer interests within the digital lending landscape, the Reserve Bank of India (RBI) has […]
Basel Committee Advances Policy Initiatives on Cryptoassets, Interest Rate Risk, and Climate-related Financial Risks
The Basel Committee on Banking Supervision, during its virtual meeting on December 5 and 7, deliberated on significant policy and supervisory measures, demonstrating a commitment […]
Digital Technologies: A Crucial Ally in Combating Climate Change with Global Impacts
In a world grappling with the urgency of climate change, digital technologies emerge as a powerful force driving sustainability and resilience. The World Bank’s recent […]
MDP and Mastercard: Shaping Digital Payments in MEA
In a groundbreaking move, Mastercard, a global leader in innovative payment solutions, has entered into a strategic partnership with MDP, a specialized company in modern […]
RBI and Bank of England Sign MoU on Clearing Corporation Cooperation
The Reserve Bank of India (RBI) and the Bank of England (BoE) formalized their collaboration today by signing a Memorandum of Understanding (MoU) focused on […]