24x7Banking Archives

Federal Reserve’s Project Pine Explores Tokenized Future for Central Banking

May 16, 2025
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In a bold step toward the future of finance, the Federal Reserve Bank of New York and the Bank for International Settlements (BIS) Innovation Hub […]

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Citi and Emirates NBD Launch First-of-Its-Kind 24/7 USD Clearing in the Middle East

June 13, 2024
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In a significant step towards faster and more efficient cross-border payments, Citi and Emirates NBD, a leading banking group in the MENAT region, today announced […]

CRR3: EBA Advances Risk and Reporting Standards Across the EU
The European Banking Authority (EBA) has made significant strides in rolling out the next phase of CRR3 (Capital Requirements Regulation III), setting the stage for […]
U.S. Bank and Fiserv Partner to Advance Credit Card Solutions for Financial Institutions
In a strategic move aimed at enhancing digital credit card offerings, U.S. Bank and Fiserv have announced a partnership to integrate Elan Financial Services, U.S. […]
TD Bank Launches TD AI Prism – A Groundbreaking Predictive Foundation Model to Transform Customer Personalization
In a major stride toward AI-powered banking, TD Bank Group has unveiled TD AI Prism, an internally developed predictive AI foundation model designed to revolutionize […]
Deutsche Bank Appoints Stefan Schaffer as CEO of Deutsche India GCC
Deutsche Bank has appointed Stefan Schaffer as the new Chief Executive Officer (CEO) of Deutsche India, its Global Capability Centre (GCC), signaling a continued strategic […]
U.S. Bank Global Fund Services Taps Fenergo to Drive Digital Investor Onboarding
U.S. Bank Global Fund Services (GFS) has selected Fenergo, a leading provider of Client Lifecycle Management (CLM) solutions, to digitize and streamline its investor onboarding […]