banking - page 6

Articles

Bank holidays in Ireland 2024

Ireland is known for having a generous number of bank holidays scattered throughout the year. These holidays provide a much-needed break for both banks and many businesses, as they are typically closed on these special days.

Science & Technology

Bunq Unveils GenAI-Platform

Dutch neobank launches a Generative AI-driven platform to replace the outdated search function on its banking app.

News

First Bank Launches Backbase’s Engagement Banking Platform

Backbase, which is currently a global leader in advanced sphere interacting banking, announced that First Bank, based in St. Louis, Missouri, has started operating on the Backbase Engagement Banking platform.

Finance & Economics

China’s Local Governments Support Troubled Banks

In China, regional authorities have issued a record number of special bonds to provide support to small banks that are facing problems.

Articles

Top Neobanks in India

One of the dominant 2023 fintech trends is the continued adoption of digital banking. Neobanks are at the forefront of online and mobile banking, offering fast, accessible and flexible services at competitive rates.

News

Majority of UK Banks Test GenAI

Currently, according to UK Finance survey, in the United Kingdom, many local companies and organizations that operate in the sphere of financial services are using generative artificial intelligence technologies and tools in a test mode.

News

Santander Launches Overdraft-Free Checking Accounts

Bank Santander has introduced a checking account, which is designed to provide customers of this financial institution with the opportunity to avoid overdrafts.

Finance & Economics

Federal Reserve Bank of New York Recognizes Vulnerability of American Lenders

The report of the Federal Reserve Bank of New York contains a statement that at present financial institutions that are part of the structure of the banking sector of the United States are in a more stable position compared to their condition during the crisis of 2008, but this does not mean that creditors are […]

News

Banco Santander Plans to Expand Business in US Investment Banking

Banco Santander, which is currently the largest financial institution in the Spanish banking sector, intends to expand its operations in the United States.

News

Bank of England Official Says Technology Increases Risk of Bankruptcy

The use of technology in the banking sector increases the risk of bankruptcy of financial institutions, which is why regulators should take measures to ensure that maintain adequate liquidity insurance by lenders.

Finance & Economics

Capital One Reports Third Quarter Results

Capital One has published the results of its activities in the period from July to the end of September this year.

Articles

Why Is the US Slow to Adopt Instant Payments?

One of the most progressive countries in the world, the US, oddly is lagging behind emerging economies when it comes to payment innovations. As the whole world is rushing to satisfy the public demand for real-time payments, the USA is taking its time to implement instant money transfers into the national financial system. Why is […]

News

OCBC Bank Rolls Out Internal Generative AI Chatbot

A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.

Fintech & Ecommerce

Truist Bank Collaborates With Trovata to Improve Liquidity Management

Truist Bank announced the beginning of a partnership with Trovata, which is a provider of banking application software interfaces (APIs) and corporate cash management services.

News

BNY Mellon Rolls Out White Labeling Service

The Bank of New York Mellon has presented a White Labeling service for its LiquidityDirect platform.

News

Silicon Valley Bank Launches Improved Digital Banking Platform

Silicon Valley Bank (SVB), which became the unit of First Citizens Bank after its resonant collapse in March 2023, presented several new products and services.