Banking

In a recent development that has cropped up, China’s biggest banks happen to be lowering the deposit rates that are offered to savers, a scenario that could pave the way for the central bank to go ahead with interest...

One happens to live in an increasingly digitalized world where citizens have all the data as well as services they require at the click of a button. At any time of the day or even night, one can go...

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...

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 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...

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, 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...