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 […]
Tag: News
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, […]
MAS directs remittance companies to suspend remittances to China through non-bank and non-card channels
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 […]
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 […]