Banking

Carrefour Group and MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, announced they will expand MoneyGram services to over 500 Carrefour locations in multiple markets in 2024. Carrefour customers across Europe and Latin America...

The Qatar Financial Centre Authority (QFCA), the legal and tax arm of the Qatar Financial Centre (QFC), an onshore financial and business centre in the region, has signed a Memorandum of Understanding (MoU) with R3, a global provider of enterprise...

The European Union suggested on April 18 making it more difficult for states to invest billions of euros into failing banks, as Italy did with Monte dei Paschi di Siena six years ago. Suggestions from the EU's executive aim to...

The financial regulators in Britain said on April 17 that they would be setting up a new body in the coming two years so as to encourage more competition when it comes to banking services by way of using...

The Federal Deposit Insurance Corporation in the US is anticipated to initiate ways to make the US banking sector pay for the approximately $23 billion dearth of its insurance fund due to the collapse of Silicon Valley Bank and...

On April 11, the IMF went on to curtail its 2023 global growth outlook slightly due to higher interest rates. However, the IMF also issued a warning that a major escalation of financial system instability may cause output to decline...

U.S. Bank, Kyriba Kyriba, a global leader in cloud-based finance solutions, and U.S. Bank announced that they are working together to ease the process of enabling real-time payments and reporting for businesses. With new API-powered payment connectors, clients of both...