CFPB Hopes To Give Open Banking Rule Some Impetus In 2024
The Consumer Financial Protection Bureau (CFPB) intends to move through with a rule requiring financial institutions to offer clients their own data in order...
Marqeta Expands its Modern Card Issuing Platform With New Banking Capabilities
Marqeta, the global modern card issuing platform announced the release of Marqeta for Banking, a portfolio of seven banking products, continuing the expansion of...
NatWest partnered Vodeno to create Banking-as-a-Service business in the UK
NatWest Group has entered into a strategic partnership with the Vodeno Group (comprising of Vodeno Limited and its subsidiaries) which will see the creation...
HSBC Partners with Oracle to Accelerate Digital Transformation
Oracle and HSBC, one of the world’s largest financial services organizations, announced a strategic collaboration to accelerate the bank’s digital transformation.
Under the multi-year agreement,...
For AI Powered Virtual Assistance Wells Fargo partners with Google Cloud
Wells Fargo & Co. has partnered with Google LLC’s cloud business to build an artificial intelligence-powered virtual assistant that will help consumers with banking...
To Sustain Liquidity, China Central Bank Rolls Policy Loans
On October 17th, China's central bank extended aging medium-term policy loans while maintaining the interest rate at its current level for a second month,...
Reserve Bank of Australia Sees More Building Insolvencies
The Reserve Bank of Australia has issued a warning that more bankruptcies in the home building sector are inevitable as builders struggle with escalating...
Spain To Ensure Financial Services Access In Remote Places
The Spanish government and banks came to an agreement on a plan of action on October 7th to ensure financial services to sparsely inhabited rural...
Fed Move Moulds Sep Policy Choice- Philippine Bank Chief
Ahead of a rate-setting meeting on September 22, the governor of the Philippine central bank indicated on Sept. 2 that the size of a...
1.5 Tln. Roubles Lost By Russian Banks In 2022 First Half
In the first half of 2022, Russia's banks collectively lost 1.5 trillion roubles (S$34.8 billion), according to a senior official at the Russian central...