Banking
To Improve Risk Data, Bank of England Gives Lenders Deadline
The Bank of England is going to decide by year's end whether tougher disclosure rules will be needed for banks after an almost complete meltdown in funds related to pensions in September 2022. The bank projected weaknesses when it...
Banking
Chinese Companies Stick To Dollar To Give Cushion To Yuan
There are some Chinese companies that are holding on to the dollars made out of export revenues, while there happen to be some that are turning towards foreign exchange hedging in anticipation of the yuan’s value falling, as per...
Banking
SBI launches BHIM SBIPay for foreign inward and outward remittances
SBIThe Prime Minister of India, Narendra Modi, with the Prime Minister of Singapore, Lee Hsien Loong, launched the real-time payments system linkage between India and Singapore. The State Bank of India (SBI), the country’s largest lender, has partnered in...
Banking
AIZEN, the banking service with AI Core-Tech in a dynamic environment with ChatGPT
AIZEN is proud to recently announce the banking service that uses “AI Core-Tech” in a dynamic environment with ChatGPT. Experts predict that the emergence of ChatGPT will bring many changes not only in chats, but also in the fields...
Banking
novobanco Accelerates Digital-First Banking Transformation with Red Hat Hybrid Cloud Technologies
Red Hat, Inc., the world’s leading provider of open source solutions, today announced that novobanco, a leading Portuguese bank, has adopted Azure Red Hat OpenShift, a fully managed and supported application platform, as the cornerstone of a new digital business...
Banking
KCB Bank partners with Sopra Banking Software to drive its digital transformation
Sopra Banking Software, KCB Bank KCB Bank has contracted Sopra Banking Software to design, build, deliver, and support the savings and lending products portfolio through the KCB Vooma, the Bank’s lending, savings, and payments platform.
With the rollout of payments,...
Banking
US FinTech Mission Lane expands open finance partnership with Plaid
US FinTech Mission Lane has expanded its partnership with data network Plaid to bring secure open finance solutions to its two million-plus customers.
The partnership leverages Plaid’s open finance API data connectivity solution, which will allow Mission Lane customers to...
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