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S&P Global Market Intelligence 2022 Bank

Released by S&P Global Market Intelligence’s Financial Institutions Research Team, the report says excess liquidity created by government relief efforts and forbearance provided by U.S. banks will remain on their balance sheets for the foreseeable future, leaving bank margins below pre-pandemic levels for the next few years. In a tough earnings environment and a changing […]

Public banking has the potential to trul...

The potential of public banks – or the management of taxpayer funds through state-controlled financial institutions rather than private banks – became real to me in my city councilor’s office in the spring of 2019. One a group of us had spread out through City Hall to talk with each board member about the benefits […]

Danske Bank UK uses Aiia to introduce mu...

North Bank Ltd., do business like Danske Bank United Kingdom, confirms its partnership with the European Open Banking platform, Ouch (acquired by Mastercard) to provide digital solutions to help its 20,000+ corporate and business customers through its merchant banking platform, District. The partnership is expected to offer Danske Bank UK clients a straightforward approach to […]

COVID-19 brings Nigeria’s mobile banking

Posted November 4, 2021 The value of mobile money transactions increased to 9.72% of Nigeria’s gross domestic product in 2020, as lockdowns from the COVID-19 pandemic pushed more people into internal banking and banking. other digital transactions. However, the number of registered mobile money agent outlets per 1,000 km2 has been reduced to 141.81, according […]

Citibank to Focus on Institutional Banki...

Citibank India plans to introduce Rental Rental Discount (LRD) for leading commercial real estate companies in India, as it aims to strengthen the focus on institutions while moving away from retail, ET two told. people familiar with the matter. LRD is a popular rental credit instrument around the world. This will likely ease the fund […]

Fidelity appoints regional head of priva...

He brings over 15 years of experience in the asset management and private banking industries. Fidelity investment manager appointed Johann santer as APAC ex-Japan regional manager for private banking and wealth management, and will lead an expanded team of senior distribution experts in Hong Kong and Singapore, the company said in a statement on Monday. […]

No disruption to digital banking after a...

KARACHI: A day after a cyberattack on the National Bank of Pakistan (NBP), 1LINK – a consortium of 11 banks and Pakistan’s largest switching and payment system – said there had been no disruption to interoperable banking services during or after the cyberattack. 1LINK said in a statement on Sunday that “all transactions, both financial […]

Government delays increase in domestic l...

Last year, the government started raising internal borrowing in early October. But this year, as the month draws to a close, the government has yet to decide when domestic debt will be increased. The government of Sher Bahadur Deuba has reduced internal loans to be raised in the current fiscal year to 239 billion rupees […]

“Rolling Rez” brings the bank to the peo

Listen to the article “Rolling Rez” brings the bank to the people At Lakota Federal Credit Union (LFCU), mobile banking has a much different meaning than what most people associate with their smartphones. Instead of an app, LFCU offers member banking services with a bus known as the “Rolling Rez”. The $ 9 million asset […]

Black Pot Biz owners blow up booker for ...

By Sam Reisman (October 28, 2021, 6:22 p.m. EDT) – A panel of cannabis entrepreneurs and a retail security expert on Thursday identified access to banking services as one of the main challenges facing the booming industry and have targeted Senator Cory Booker for his opposition to bipartisan legislation that could fix the problem. In […]