Bank of England Tightens Oversight on Insurance Risk Transfers
The Bank of England is increasing its scrutiny of risk transfers in the insurance sector to address concerns about transparency, risk concentration, and regulatory arbitrage, aiming to ensure financial stability and ... Read More
Fed Chair Powell Reaffirms Central Bank Independence Amid Growing Economic Challenges
Federal Reserve Chairman Jerome Powell emphasized the importance of central bank independence at a recent event, addressing mounting economic challenges. Powell highlighted the need for the Fed to operate free from political pressures to ... Read More
Privado ID Enhances Web Wallet with 50% Faster Identity Verification
Privado ID has launched an upgraded web wallet that enhances identity verification speed by 50%. This improvement leverages advanced biometric technologies and streamlined processes to provide quicker, more secure user authentication, ... Read More
FREENOW Partners with Alipay+ to Expand Asian E-Wallet Acceptance Across Europe
FREENOW has teamed up with Alipay+ to introduce Asian e-wallet acceptance in seven European countries. This integration aims to enhance payment convenience for Asian travelers and residents alike, bridging digital payment gaps across ... Read More
HSBC Collaborates with Visa to Launch Zing International Money App
HSBC has partnered with Visa to introduce the Zing International Money App, aimed at enhancing cross-border transactions and digital banking experiences ... Read More
Singapore Banks Fortify Defenses Against Rising Phishing Scams
Banks in Singapore are implementing enhanced measures to combat the surge in phishing scams. These include advanced cybersecurity protocols, public awareness campaigns, and collaboration with regulatory bodies to safeguard customer ... Read More
First Federal Bank of Kansas Selects Jack Henry for Advanced Core Processing Solution
First Federal Bank of Kansas has chosen Jack Henry to upgrade its core processing solution, aiming to enhance efficiency, security, and customer service. This strategic partnership will leverage Jack Henry's innovative technology to ... Read More
Ethos Partners with Thought Machine to Enhance Islamic Finance Core Banking
Ethos, a rising star in Islamic finance, has partnered with Thought Machine to integrate cutting-edge core banking technology, marking a significant step towards enhancing operational capabilities and customer service in Sharia-compliant ... Read More
NatWest Implements Bank-Verified Digital Identities for Nordic Structured Finance with OneID
NatWest has partnered with OneID to introduce bank-verified digital identities for its Nordic structured finance operations. This initiative aims to enhance security and efficiency in financial transactions across the ... Read More
Visa and Mastercard Extend Inter-Regional Interchange Fee Caps in EEA Until 2029
Visa and Mastercard have announced an extension of inter-regional interchange fee caps in the European Economic Area (EEA) until 2029. This move aims to promote competition and benefit consumers by limiting transaction costs across ... Read More