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Banking

Financial Sector Transformations Brought By Open Banking

The banking industry happens to be facing a substantial transition. When it comes to the financial sector, one of these shifts happens to be better known as open banking. Open banking happens to be a financial services innovation that...

Understanding The Core Aspects of Competitive Banking Sector

One happens to live in a growingly digitalized environment these days, in which citizens go on to have all the information as well as services that are required just one click away. Be it any day or night, one...

Intellect partners with Indian Bank to boost Transaction Banking

Intellect Design Arena has announced that the Indian Bank has chosen Intellect’s eMach. ai-powered Cash Management System to bolster their Corporate Banking Modernisation. This strategic partnership is a pivotal moment to Intellect’s growing footprint in the Indian BFSI industry, rendering...

RBI boosts UPI popularity by raising automatic payment limit

The Reserve Bank of India (RBI) has announced a substantial increase in the Unified Payments Interface (UPI) transaction limit for hospitals and educational institutions. The new limit In a significant move to boost digital payments, the Reserve Bank of India...

Pidgin & MBS partner to enable real-time payments for community banks

Pidgin, a secure real-time payments platform, has partnered with Modern Banking Systems, a provider of core bank processing solutions, to enable community financial institutions to offer real-time payments to their account holders. Through the partnership, MBS’s core solutions and digital...

AccessPay and Sage partner to streamline banking experience

AccessPay, the corporate-to-bank integration provider, has announced that it has become a Sage Recommended Solution, enabling customers across the world to increase the frequency and accuracy of their reconciliation processes and mitigate error-based risks. Through AccessPay’s connectivity via the SWIFT...

ClearBank partners with LemFi to support immigrant payments in UK

UK-based real-time clearing and banking platform ClearBank has teamed up with financial technology company LemFi to support LemFi’s e-wallet offering in the UK. LemFi selected ClearBank as its agency banking partner based on its payments and advanced banking infrastructure that...

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