The Basel Committee on Banking Supervision has issued a public consultation on revisions to the core principles for effective banking supervision. The core principles are the de facto minimum standards for the sound prudential regulation and supervision of banks and banking systems. They are universally applicable and accommodate a range of banking systems and a broad […]
Category: News
Nubank reaches 80 million customers in Brazil
Nubank surpassed 80 million customers in Brazil, as of July 2023. Along with its operations in Mexico and Colombia, the company reached 85 million customers […]
First Bank Revolutionizes Retail Banking with NCR
In a significant leap towards enhancing the retail banking experience, First Bank, with a robust asset base of $6.6 billion, has inked a partnership with […]
Revamping UPI: A New Dawn in India’s Digital Payments
India’s premier digital payment system, UPI, is set to undergo a significant transformation. Topping the list of novel introductions is “Conversational Payments,” an innovative method […]
PayPal’s Foray into Stablecoins: The Dawn of PayPal USD
San Jose, California – Leading global payment powerhouse, PayPal, has stepped into the limelight with the unveiling of its own stablecoin, “PayPal USD.” This strategic […]
AU Small Finance Bank Spearheads Digital Revolution in India with 24×7 Video Banking
In a groundbreaking move that significantly redefines the banking landscape in India, AU Small Finance Bank (AU SFB), the country’s leading SFB, has introduced a […]
Redefining Finance: MAS’s S$150 million Commitment to Tech Innovation
The Monetary Authority of Singapore (MAS) declared today its plan to allocate up to S$150 million over a three-year period for its newly launched Financial […]
Citizens Bank of Edmond Elevates Customer Experience with Narmi’s Digital Banking Solutions
NEW YORK CITY, N.Y. — Citizens Bank of Edmond proudly presents the implementation of a state-of-the-art Consumer Account Opening system, powered by Narmi, a pioneer […]
Bank of England names Sarah Breeden as next deputy governor
Sarah Breeden will become the Deputy Governor of the Bank of England with responsibility for Financial Stability, starting on 1 November 2023. Sarah will play […]
Mastercard enables CVC-less payments for tokenized cards in India
Mastercard has introduced Cardholder Verification Code (CVC)-less online transactions for its debit and credit cardholders who have tokenized their cards on merchant platforms. The move […]