According to the July 2023 euro area bank lending survey (BLS), credit standards – i.e. banks’ internal guidelines or loan approval criteria – for loans […]
Category: News
A Deep Dive into Indian FinTech’s H1 2023 Funding Scenario: A Study by Tracxn
The global market intelligence platform, Tracxn, has unveiled its comprehensive ‘FinTech – India Semi-Annual Funding Report – H1 2023’. Harnessing its vast data repository, the […]
Strong digital usage continues for Bank of America
Bank of America has just released its second-quarter financial report, showcasing outstanding growth and strong digital adoption across its platforms. The bank reported net income […]
CoinDCX partners with Jocata to bolster compliance processes
Jocata, a RegTech platform provider for the BFSI industry, has announced its partnership with crypto company CoinDCX to further strengthen their Anti-Money Laundering (AML) compliance […]
Emirates NBD elevates WhatsApp banking service
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has launched an enhanced and upgraded version of its […]
Basel Committee finds US compliant with NSFR, LEX
The United States implementation of the Net Stable Funding Ratio (NSFR) standard and large exposures (LEX) framework are largely compliant with the global standards set […]
UAE banking sector well-capitalised with adequate liquidity buffers
The Central Bank of the UAE (CBUAE) has issued its Financial Stability Report for 2022. The report provides a comprehensive assessment of the stability of […]
Bank of Canada raises policy rate by 25bps, continues quantitative tightening
The Bank of Canada has recently raised its target for the overnight rate to 5%, accompanied by the Bank Rate at 5¼% and the deposit […]
MAS publishes investor protection measures for digital payment token services
The Monetary Authority of Singapore (MAS) has announced new requirements for Digital Payment Token (DPT) service providers to safekeeping customer assets under a statutory trust before […]
Bank of America Ranked No. 1 in U.S. for retail banking advice by J.D. Power
Bank of America has announced that it ranked No. 1 in the U.S. for its retail banking advice in the J.D. Power 2023 U.S Retail […]