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Banking

NWSB Selects Apiture Digital Banking Platform to Fuel Continued Growth

Apiture, a leading provider of digital banking solutions announced that NWSB, a community financial institution serving customers in Southern Indiana since 1908, has selected the Apiture Digital Banking Platform to power its online and mobile banking solutions. NWSB will...

NCHL Launches Revolutionary Cross-Border Payment Feature With XUNO

In a significant development for the financial sector, Nepal Clearing House Limited (NCHL) has unveiled its latest innovation, the XUNO cross-border Request to Pay (r2px). This feature, now part of NCHL's connectIPS platform, marks a pivotal step in facilitating...

EU AI Act And Its Effect On AI Adoption Endeavours of Banks

As we move ahead into 2024, while the banks go on to experiment with generative AI, they also have to be aware of how the regulators will scrutinize how they are going to use AI. A specific challenge is...

European Union Pressures Banks To Advocate Fast Payments

It is worth noting that on February 26, 2024, the European Council went ahead and adopted a new regulation, the Instant Payments Regulation. This is going to make instant payments in euros completely available to the consumers as well...

Major Banks Resolvability Calls For Additional Measures

It was around a year ago that Credit Suisse, which is a global systemic bank with $540 billion in assets and second-largest Swiss lender, established in 1856, failed and was sold to UBS. In the US, Silicon Valley Bank,...

Generative AI And What Next It Has In Store For The Banks

At the beginning of the digital revolution, Bill Gates said that banking is indeed necessary, however, banks are not. This was back in 1994. After 30 years of digital change that’s disrupting dozens of sectors, it is still not...

Mastercard and Nexi team up to advance open banking payments across Europe

Mastercard’s open banking technology to enable more choice and power seamless, secure digital payments across Europe in partnership with Nexi. Nexi, the leading PayTech in Europe, has chosen Mastercard as its strategic partner across Europe to support open banking account-based...

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