Banking
Central Bank Boosts Financial Wellness for Customers Through Personetics AI-powered Platform
Central Bank, a progressive $20 billion regional bank headquartered in Jefferson City, Missouri, is elevating financial wellness for its consumer franchise by implementing Personetics' financial data-driven engagement platform. The AI-driven solutions infuse Central Bank's digital channels with hyper-personalized insights,...
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...
Banking
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...
Banking
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...
Banking
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...
Banking
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,...
Banking
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 thatโs disrupting dozens of sectors, it is still not...
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