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Fintech banking app Dave wants to dispel...

Mobile banking application provider David has enough cash to survive the current fintech downturn and reach profitability a year from now, CEO says Jason Wilck. The Los Angeles-based company has been caught in the waves that have rocked the money-losing growth business world this year after went public in January. But Dave is not capsizing, […]

The Future of Crypto Is in the Regulated...

After reaching all-time highs in 2021, cryptocurrency prices have not found a permanent bottom. And the appeal of crypto’s promise to reinvent money has also reached its limit with a very niche audience. To appeal to a wider, more mainstream user base, proponents of the new technology will need to completely overhaul the way they […]

Community Banking at Community Building ...

JPMorgan Chase continues to strengthen its workforce representation among people of color. (File photo) As the calendar turns to fall and the holiday season, it’s time to spend time with your family to create unforgettable memories. With the summer holidays, we are reminded of the freedom of our country and the work that remains to […]

KB Securities, Subsidiary of Korea’s Lar

KB Securities, Subsidiary of Korea’s Largest Banking Group, Takes Stake in ADDX as Part of US$20 Million Raise to Pre-Series B Global Private Market Exchange ADDX raised approximately US$20 million in fresh capital from new and existing shareholders. KB Securities, a subsidiary of Korea’s largest banking group KB Financial Group (KBFG), led this latest investment, […]

Access Holdings Leads Others in Interest...

Nigeria’s largest company by assets, Access Holdings Plc, leads the pack with the highest interest income of N497.47 billion in the nine months ending September 30, 2022, among players estimated level 1 of the banking sector. The leading financial services institution also topped in online banking revenue among its peers in the league of Tier […]

You will be surprised which one consumes...

By CNBCTV18.com 09/11/2022 at 06:41 IST (Released) Recent studies have shown that while Bitcoin has massive environmental implications, traditional banking and gold mining give the digital currency a good run. In fact, the former is said to consume at least twice as much energy per year. Over the past few years, proof-of-work (PoW) cryptocurrencies such […]

This ASX fintech just got a banking lice...

Image source: Getty Images The Novatti Group SA (ASX: Nov.) share price lights up today after ASX fintech stock revealed it had been granted a restricted banking licence. Novatti stock price came out of a trading stop to climb 54% this morning. At the time of writing, Novatti shares are trading at 28 cents each, […]

Nearly VND 2.94 trillion in loans for hu...

Mr. Nguyen Duc Lenh, Deputy Director of State Bank of Vietnam – Branch of HCMC, said that the poverty alleviation loan program was implemented by the poverty alleviation committees of HCMC in all levels since 1994. In 2015, the Hunger Eradication and Poverty Reduction Fund was handed over to the HCMC Bank for Social Policies […]

Bain puts a stop to the Indian banking b...

Reuters Reuters MUMBAI (Reuters Breakingviews) – Indian banks are having fun, and a foreign takeover prince who secured a $32 billion lender to the party is looking back at the dance. Bain Capital pocketed some $400 million on Tuesday by selling just under a third of the more than 4% stake it bought in Axis […]

State Street crypto boss to leave amid b...

The State Street crypto boss is leaving the company a year after establishing its digital assets department. Nadine Chakar became Head of Digital Assets in 2021, taking control of one of the largest crypto teams in traditional finance. A State Street spokesperson confirmed his departure, adding that a permanent replacement has not yet been found. […]

Stefanik has the advantage at NY21. Cas...

Democrat Matt Castelli challenges Republican Congresswoman Elise Stefanik in November. October 28, 2022 — When Elise Stefanik was first elected to Congress in 2014, she made a key promise on the night of her victory: “With every decision I make, with every vote I cast, I ask myself one question: Will this help the hard-working […]

CBI | Responsible Banking Academy

October 26, 2022 Blog | Green finance | Blog This summer saw the launch of the Principles for Responsible Banking Academy – a unique global online platform that will support the implementation of the UN Principles for Responsible Banking (PRB) and provide general education on the subject to all of the sector. Simon Thompson, Managing […]

U.S. Banking Regulators Seek Comments on...

On October 14, 2022, the Board of Governors of the Federal Reserve System (“Federal Reserve”) and the Federal Deposit Insurance Corporation (“FDIC”) issued an advance notice of proposed rulemaking indicating whether they should impose additional requirements related to resolution to the largest regional banks (“ANPR”).1 ANPR is an important development that could result in some […]

LGT makes foray into Indian private bank...

LGT, the world’s largest family-owned private banking and asset management group, has made a foray into India’s private banking sector. Prince Max Von und zu Liechtenstein, Chairman of LGT, shared his thoughts on the group’s entry into the Indian market. Edited excerpts follow. What is the vision behind LGT Group’s venture into the Indian wealth […]

Marcus’ Goldman Sachs kingpin shows it’s

David Solomon, Goldman Sachs, at the Marcus event Goldman Sachs CEO David Solomon is stifling his ambition to make the 153-year-old investment bank a major player in consumer banking in the United States. After product delays, executive turnover, brand image confusion, regulatory missteps and worsening financial losses, Solomon said on Tuesday the company is moving […]

Rising interest rates: the banking secto...

As interest rates soar across the board, India’s banking industry faces a new issue in its accounts: basis risk. This is a potential risk where a hedge is imperfect, leading to losses. In this scenario, the experts see that a rise in lending rates will not be able to follow a rise in deposit rates, […]

Banking group pays tribute to Davis

CARLINVILLE — The Community Bankers Association of Illinois (CBAI) announced that Shawn Davis, president and CEO of CNB Bank & Trust, NA, has been named 2022 Outstanding Member of the Year. The award is given annually to a member who has demonstrated an outstanding commitment to advancing the principles of community banking to an extraordinary […]

A triumphant return to the Nigerian bank...

The story of Corporate Nigeria in 2022 cannot be complete without a chapter on the incredible performance of First Bank of Nigeria Limited, which has seen the hitherto encumbered bank now return to the top of the Nigerian banking ladder, at the middle of a harvest of international laurels, written Festus Akanbi By December this […]

anb acquires stake in Cashee Digital Ban...

anb announced today that it has reached an agreement to invest in Cashee, a technology company based in the United Arab Emirates. Cashee specializes in the development of youth banking and financial education platforms and applications with the aim of increasing financial inclusion, promoting a culture of savings and improving the way young people manage […]

Public bank advocates urge Mayor Jim Ken...

When the City Council in March voted 15 to 1 to approve a bill to create a new Philadelphia Public Finance Authority to boost disadvantaged businesses, proponents of creating a public bank in the city believed that they had won their first great victory. But that victory remained elusive as Mayor Jim Kenney refused to […]

Ozona Bank Wins Statewide Best Community...

The Independent Bankers Association of Texas (IBAT), the nation’s largest state community banking association, recently honored Ozona Bank of Wimberley with a Best of Community Banking award. He received a Community Spirit award for his entry into community service. Ozona Bank contributes to many non-profit organizations in the Wimberley Valley. Years ago, the local branch […]

The school bank is gaining ground | The...

School banking services are increasingly gaining popularity among students as evidenced by total deposits in these accounts exceeding Tk 2,300 crore in July despite continuing economic headwinds such as rising inflation. Students deposited Tk 2,326 crore in accounts in July this year, up 7% year-on-year, according to Bangladesh Bank. For all the latest news, follow […]

Equity takes the lead in digital banking...

Partner Content Equity takes the lead in digital banking transformation Friday, September 30, 2022 Today’s consumers have become more connected and digitally savvy. This has led to their desire to have more control over when and how they want to transact and access banking services. This transformation has seen the banking industry increase its investment […]

A look at the performance of the banking...

By Anshul Sep 29, 2022, 10:20 a.m. STI (Update) mini How have bank funds performed recently and should you invest in them? CNBC-TV18.com spoke to experts to get an answer to this question Banking stocks have outperformed in recent months on strong credit demand and a decline in non-performing asset (NPA) write-offs. They’ve topped Nifty […]

TipHaus launches hausmoney banking platf...

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. Seattle, Wash.–(Newsfile Corp. – September 27, 2022) – TipHaus, a Seattle-based company, announced the launch of the Earned Tip Access digital banking platform and hausmoney digital app to simplify tip sharing and tips. payments in the service sector. TipHaus already has a […]

signzy funding: Digital banking infrastr...

Digital banking infrastructure provider Signzy has raised Rs 210 crore (or $26 million) from investors led by Gaja Capital to support its expansion plan. Existing investors Vertex Ventures and Arkam Ventures also participated in the round, said Bengaluru-based Signzy. The company said it would use the fund to bolster its existing product line and drive […]

$2,000 and above: exchange companies mus...

KARACHI: In order to further strengthen the regulatory regime of exchange companies and promote banking channels, the State Bank of Pakistan (SBP) has restricted exchange companies for cash sale transactions worth $2,000 or more. In accordance with the new SBP guidelines, ECs are now required to conduct all foreign currency sales transactions of $2,000 or […]

Banking giant with nearly $450 billion i...

A Japanese banking giant is venturing into the world of digital assets by launching its own crypto-focused venture capital arm. According to a recent company Press releaseNomura Holdings, which manages nearly $450 billion in assets, today announced that Laser Digital will serve as a new crypto business. Nomura Holdings says the first product to launch […]

Ivorian fintech Julaya obtains $5 millio...

Payments-led Ivorian fintech start-up Julaya extended his pre-series A round of $5 million. The company, which facilitates B2B payments for businesses in Francophone West Africa, primarily through mobile money channels, raised a total of $7 million in the funding round. In 2019, West Africa reported the most active mobile money services of any region, with […]

Credit Suisse Investment Banking exit tr...

Following the Archegos debacle, Credit Suisse reduced its services to financial investors and transferred them to its competitors. The withdrawal of the Swiss bank from prime brokerage is now shaking up the market. The void left by Credit Suisse in its hedge fund and institutional investor business will not remain filled for long. As the […]

Which bank stock to choose for a long-te...

ICICI Bank and HDFC Bank are two large private sector lenders, both of which have been top picks for investors and analysts. But have you ever wondered if one is better than the other, let’s find out? Stock prices Based on stock returns alone, ICICI Bank appears to have the upper hand over HDFC Bank. […]

Tired of overdraft fees? Try postal ban...

Many of us have been hit with overdraft fees on our checking account before, and while it was nice to have the protection, the $33 fee – the average overdraft fee these days – definitely stung. . What if I told you that overdraft fees are an intentional failure move by a wealthy few in […]

“Competition in banking is alive and wel

Competition for customers in the entry-level space is “alive and alive” according to FNB CEO Jacques Celliers. The bank now has 5.95 million eWallet customers – who hold no other products with the bank – and another six million middle-market retail customers who earn less than R37,500 per month. TymeBank shareholder ARC Investments revealed this […]

SEC proposes new rules for clearinghouse...

The Securities and Exchange Commission today offers a set of new rules for clearing agencies that provide central counterparty services for US Treasury securities aimed, among other things, at improving risk management. Clearing agencies covered by the rules would be required to have policies and procedures in place to require direct participants to submit for […]

Carbon finance to transform the digital ...

Carbon Finance says it is poised to transform the banking experience, making banking services more accessible and flexible for consumers. According to a statement, the company began operations in 2012 as One Credit, a physical consumer lender focused on the Nigerian market, the company later pivoted in 2016 to become a digital lender through its […]

Sacramento Third Act ‘Banking on Our Fut

Photo courtesy of Third Act: Banking on Our Future. SACRAMENTO — The Third Act “Banking On Our Future” campaign will stage a street protest Monday, Sept. 12 from 11 a.m. to 1 p.m. against the fossil fuel lending practices of three banks: JP Morgan Chase, Bank of America and Wells Fargo. Activists will meet at […]

Ethiopia wants to open up its banking se...

Abiy’s government is trying to restore its image as a reformer by promising to open up the banking sector a year after the consortium Safaricom, Vodacom and Vodafone obtained a license to operate in Ethiopia. Ethiopia is moving towards a more liberal economy after decades of centralized economic planning. Since Prime Minister Abiy Ahmed began […]

Revolut does not deserve a banking licen...

A recent fundraiser valued Revolut at £24 billion, about the same as Natwest. Yet, with losses doubling to over £200m on revenue of just £261m, the digital banking newcomer is currently light years away from such a high price tag. Storonsky knows that for Revolut to have any chance of justifying its huge valuation, it […]

Swedish banking icon supports Ark Kapita...

After raising €165 million to provide alternative long-term financing options in March and another €150 million credit facility from Pollen Street Capital in April, based in Stockholm Ark Capital doubled its equity financing from €15 million to €30 million in an acceleration cycle. This brings the total capital available for founders to lend to €300 […]

Erdoğan allows Al-Qaeda in Syria to use

Originally published as ‘HTS terrorist allowed to use Turkish banks despite UN sanctions and presidential decree’. The documents referenced in this article can be found in the original Nordic monitor version. Abdullah Bozkurt is a Turkish journalist. He was the bureau chief of the Gülen-aligned Today’s Zaman newspaper. A Turkish member of Hay’at Tahrir al-Sham […]

Can cryptocurrency help the cannabis ind...

Although medical and recreational marijuana is legal in many states across the country,annabis remains illegal under federal law and the the lack of federal regulation forces the industry to operate outside the traditional financial system. Dispensaries and other cannabis companies without access to federal banks and credit card networks are forced to accept and hold […]

Pound plunges; Lloyds Banking Group plc...

1. The pound plunges near its lowest level in 30 years The pound fell 4.5% against the dollar, its worst month since the Brexit vote in 2016, slipping from $1.225 to below $1.161 today. Read more 2. Lloyds Banking, NatWest and Barclays still supportive According to Goldman Sachs (NYSE:GS), strong mortgage lending in the Bank […]

Nigerian digital banking startup Gray ra...

Greya Nigerian digital banking startup, announced on Monday that it had raised a $2 million funding round. The round was led by participation from Y Combinator, Soma Capital, Heirloom Fund, True Culture Fund, angel investors Alan Rutledge, Samvit Ramadurgam, Karthik Ramakrishnan and other top investors. With this new funding, the startup said it plans to […]

“Towards sustainability” through sustain

The effective implementation of sustainable and green finance within the broader and more recent taxonomy of “sustainable finance policy” should provide greater strength to the development of both quantitative and qualitative finance businesses. sustainable by banks and financial institutions August 28, 2022, 10:30 a.m. Last modification: August 28, 2022, 10:28 a.m. Illustration: TBS “> Illustration: […]

Central Bank of Kuwait supports the laun...

The Central Bank of Kuwait will test a first-of-its-kind product for open banking in the regulatory sandbox. Keen to enable new fintech and support open banking to help create innovative business models in financial services, the Central Bank of Kuwait (CBK) has given the go-ahead to trial a one-of-a-kind product launching this in the local […]

Following simple steps can thwart scamme...

Thursday, August 25, 2022, 9:16 a.m.Press release: banking mediator The banking ombudsman is urging bank customers to take more steps to protect themselves from scammers as his scheme encounters more and more easily avoidable scams. Nicola Sladden said her experience was that many victims were completely convinced of the legitimacy of the person they intended […]

Colorado’s mountain communities reap rec

Aspen and 11 other mountain communities that have approved real estate transfer taxes have seen their revenues increase by 84% in 2020 and 2021 compared to 2018 and 2019. For the 12 mountain communities where voters approved real estate transfer taxes – known as RETTs – in the 1970s and 1980s before the passage of […]

How branchless banking promotes financia...

Growing internet penetration across India has accelerated the demand for digital banking services. However, the country’s highly geo-distributed demographics pose a challenge to its financial inclusion mission. Much of Bharat – rural India – is still technologically shy, plagued by technological inhibitions and lacking confidence in any form of financial transaction. This growing need to […]

Bank charges: what fees can banks charge...

As a customer, you use several banking services, offline and online. Some of these services are free, others are chargeable. Typically, banks mainly offer free services to their existing customers, such as free ATM cards, checkbooks, and online services. However, some services are chargeable and some require a fee if you exceed a certain threshold. […]

Meeting consumer needs with integrated b...

Smartphones have made it possible for almost anyone, almost anywhere, to connect to the Internet, causing transformations in the business world, especially in banking. Products and services once based in the physical world are increasingly migrating to digital channels. Although the pandemic quickly accelerated this process, it actually started years ago. “When we started almost […]

HSBC, Citigroup and the end of the World...

Placeholder while loading article actions Twenty years ago, returning from summer vacation, HSBC Holdings Plc employees began moving into their gleaming new global headquarters in London’s Canary Wharf. Designed by Norman Foster, the building was one of two new towers to sprout to the east of the city. The other housed Citigroup Inc., whose employees […]

Fidelis Capital launched by private bank...

The new wealth management company, set up by former rivals, whose members previously managed $6 billion in client assets, will deliver an enhanced private banking experience, delivered by teams of highly experienced specialists. TAMPA, Florida., August 15, 2022 /PRNewswire/ — Top private bankers from Wells Fargo and Bank of America today announced that they have […]

Columbia Banking System, Inc. (NASDAQ:CO...

Texas Permanent School Fund reduced its holdings in Columbia Banking System, Inc. (NASDAQ:COLB – Get a rating) by 1.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The company held 55,108 shares of the financial services provider after selling 925 shares […]

Bursa Malaysia ends higher supported by ...

The FTSE Bursa Malaysia KLCI (FBM KLCI) added 0.63 points to end the week at 1,506.19 from yesterday’s close at 1,505.56 as gains were limited by slight profit taking. — photo by Bernama KUALA LUMPUR, Aug 12 – Bursa Malaysia closed higher for the second day in a row today, with the benchmark ending above […]

Thread Bank, Unit for Extending Banking ...

Banking platform as a service (BaaS) Unity partnered with digital-first bank wire bank to enable companies to integrate banking services into their products. According to a Wednesday, August 10, press release, these services include accounts, cards, payments, and loans, all of which can be added in weeks using a single platform. “Together with Thread, Unit […]

Bank of England accused of shadow bankin...

UK financial regulators have failed to tackle risks outside the traditional banking sector and should now develop comprehensive UK policy instead of waiting for an international deal, says a former Bank of England deputy governor . Paul Tucker accused the BoE of inadequate regulation of the so-called shadow banking sector at a private event last […]

Executive Vice President and Chief Banki...

Anyone interested in Plumas Bancorp (NASDAQ:PLBC) should probably know that Plumas Bank Executive Vice President and Chief Banking Officer B. North recently sold $235,000 worth of shares in the company, at an average price of $30.46 each. Equally important, this sale actually reduced their stake by 51%, which makes us hardly optimistic about the stock. […]

Women’s World Banking Announces 2023 Fin

The competition invites applications from later-stage fintechs pioneering innovative financial solutions for the low-income women’s market; the finalists and the winner will have access to the best fintech networks and resources NEW YORK, August 3, 2022 /PRNewswire/ — Women’s World Banking today announced the 2023 Fintech Innovation Challenge, a global competition to highlight and propose […]

KBA collects donations to support flood ...

As Eastern Kentucky communities are devastated by catastrophic flooding that has killed at least 35 people over the past week, the American Bankers Association is encouraging bankers across the country to support disaster relief efforts contributing to the Kentucky Bankers Association’s Kentucky Bankers Relief Fund, which provides direct relief to affected bank workers. As of […]

The Future of Ethical Banking: Key Indus...

The world depends on global finance that works towards a fairer financial system for people, environment and culture, with a focus on sustainability, climate change and social justice. This month of July Fintech time we have emphasized ethical finance/ethical banking, including environmentally and socially responsible practices. As we come to the end of July on […]

Canara Robeco Mutual Fund to launch bank...

Canara Robeco Mutual Fund announced the launch of Canara Robeco Banking and PSU Debt Fund. The open-ended debt program would invest primarily in debt securities of banks, public sector enterprises (PSUs), public financial institutions (PFIs) and municipal bonds. The New Fund Offering (NFO) will open for initial subscription on July 29, 2022 and will close […]

2022 banking customer satisfaction award...

Your relationship with your bank can last for years if you feel you’re getting good service, or you can easily switch to a competitor if you don’t feel satisfied. Canstar therefore asked thousands of people a number of questions to see how satisfied they were with their bank, with our results revealed in the 2022 […]

Banking sector remains resilient and opt...

During the years of high oil prices, Qatar’s banks successfully rode the wave of profitability. They have funded many projects. They were flooded with cash. They made acquisitions and increased their presence abroad. Then came June 2014 and the fall in the price of oil, the backbone on which many Middle Eastern economies are based. […]

Signaturefd LLC buys 22,691 shares of Ll...

Signaturefd LLC increased its stake in Lloyds Banking Group plc (NYSE: LYG – Get a rating) by 20.5% in the first quarter, HoldingsChannel.com reports. The company held 133,467 shares of the financial services provider after purchasing an additional 22,691 shares during the period. Signaturefd LLC’s holdings in Lloyds Banking Group were worth $322,000 at the […]

House includes pot banking provision in ...

The House of Representatives last week passed a defense spending bill that included a provision allowing cannabis companies to access traditional banking services, a victory for banks and credit unions working in the industry. . On July 14, the House passed the FY23 National Defense Authorization Act, an appropriations bill that sets the budget for […]

Message from the new Governor of Banglad...

Sun Jul 17 2022 8:00 PM Last updated on: Sun Jul 17 2022 11:02 PM Illustration: Biplob Chakroborty “> Illustration: Biplob Chakroborty The new governor of Bangladesh Bank (BB) has sent strong messages to the country’s banking and financial sector. Abdur Rouf Talukder, former finance secretary, is a seasoned man who steered the ministry’s budgets […]

CIBN and ACAMB join forces to boost the ...

The President/Chairman of the Board of the Chartered Institute of Bankers of Nigeria (CIBN), Dr. Ken Okpara, FCIB, said the Institute will partner with the Association of Corporate Affairs Managers of Banks (ACAMB) to project and protect further the image of the banking sector in Nigeria. The CIBN boss explained that the partnership has become […]

House approves more amendments to mariju...

The U.S. House of Representatives on Thursday approved several marijuana reform amendments as part of a sweeping defense bill, including proposals to protect banks that work with drug companies. legal cannabis and allow US Department of Veterans Affairs (VA) physicians to dispense medical marijuana. recommendations. A total of nine drug policy measures were passed by […]

Australia’s first Islamic bank receives

Islamic Bank Australia (IBA), the country’s first-ever Islamic bank, has received a Restricted Authorized Depository Institution (ADI) license from the Australian Prudential Regulation Authority (APRA) and plans to begin beta testing in 2023. Australia’s first Islamic bank receives restricted ADI license Founded in 2020 and based in Sydney, IBA operates as a brand under the […]

Hang Seng Optimizes Digital Business Ban...

HONG KONG SAR – Media outreach – July 12, 2022 – Hang Seng Bank offers diversified commercial banking solutions to meet the needs of small and medium-sized enterprises (SMEs) at different stages in Hong Kong. The global business environment is changing rapidly in a fluctuating pandemic situation, and Hang Seng has optimized digital business banking […]

5 internet banking tips you need to know...

Passwords are a headache to remember and manage, which is why many people resort to easy-to-remember character combinations and then repeat the same password on most or all of their accounts. line. Statistics prove how common this weak security policy is. A Google study published in 2019 in conjunction with The Harris Poll found that […]

EastWest’s Komo eyed a ‘competitor’ in d

MANILA, Philippines – As the pandemic has accelerated towards the adoption of digital payments, the Philippines has already registered the highest number of new users of electronic or mobile payment applications in Asia and the Pacific region in October 2021. Unsurprisingly, the digital shift has been a game-changer for the local banking scene. EastWest’s Komo […]

Bank report calls for better environment...

Bank report calls for better environmental regulation By Soko Directory Team / Posted on July 7, 2022 | 2:29 p.m. KEY POINTS The study primarily focused on identifying regulatory, policy and institutional gaps that negatively exposed financiers to defaults and asset impairment. KEY POINTS TO REMEMBER In the findings, the disparity in environmental regulations, particularly […]

Mobile Money Adoption Drives Banking Pen...

According to a recent World Bank Global Findex 2021 report, the increased adoption of mobile money is driving the growth of account ownership at financial institutions, especially in Sub-Saharan African (SSA) countries like Nigeria. An analysis of the report titled “Financial Inclusion, Digital Payments and Resilience in the Age of COVID-19” showed that Nigeria’s banked […]

Australian and New Zealand Bank: ANZ com...

Celebrating 20 years in 2022, the program is administered by the Foundation for Rural and Regional Renewal (FRRR) and has provided more than $5 million to more than 800 community groups to help build vibrant and sustainable communities. This year, the ANZ Seeds of Renewal program is offering a share of $250,000 to community organizations […]

Bank fraud over ₹100 crore sees signific

The number of fraud cases in private and public sector banks fell to 118 in FY22 from 265 in FY20-21 The number of fraud cases in private and public sector banks fell to 118 in FY22 from 265 in FY20-21 Fraud in the banking sector involving sums over ₹100 crore has dropped significantly, with banks […]

Columbia Banking System, Inc. (NASDAQ:CO...

Columbia Banking System, Inc. (NASDAQ:COLB – Get a rating) CFO Aaron James Cerf purchased 748 shares in a trade dated Thursday, June 30. The shares were purchased at an average price of $25.79 per share, with a total value of $19,290.92. Following the completion of the transaction, the CFO now owns 16,175 shares of the […]

IBS Intelligence recognizes Temenos as t...

Geneva, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN) has been recognized as the market leading open platform for composable banking services in the IBS Intelligence Sales League Table (SLT). IBSi has recognized Temenos as the leader in six categories, more than any other technology provider, including Digital Banking and Channels, Basic Banking and Payments. The IBSi SLT 2022 […]

The Bank of London will integrate the cl...

The Bank of London announced on Tuesday June 28 that it will integrate SAP Fioneer’s Cloud for Banking (C4B) platform into the Bank of London API. The news sets the stage for a planned launch of the new clearinghouse on the global stage in October. The expected clearing solution uses a combination of The Bank […]