Deutsche Bank partners with Taurus to provide crypto custody services
Deutsche Bank has signed a global partnership agreement with Swiss digital asset technology provider Taurus, to provide cryptocurrency custody options to its customers.
Under the...
Sopra Banking Software introduces AI-powered core banking platform
Sopra Banking Software (SBS) has introduced its new-generation, modular, real-time, cloud-native core banking platform, powered by artificial intelligence (AI) and cloud technologies.
The SBP Core...
Russia’s VTB Bank to commence money transfer in Indian rupees for easier transactions and...
VTB Bank one of Russia’s leading banking institutions, is set to commence money transfer operations in Indian Rupees by the end of September. The...
SBI introduces digital opening of NRE/NRO account setup through YONO
State Bank of India (SBI) has introduced a digital facility for Non-Resident Indians (NRIs) to effortlessly open NRE and NRO accounts (both savings and...
Indian Bank Launches IB SAATHI to Enhance Financial Inclusion Services
Indian Bank has introduced a new initiative called ‘IB SAATHI’ (Sustainable Access and Aligning Technology for Holistic Inclusion) to bolster its financial inclusion efforts....
RAKBANK & UnionPay team to drive contactless mobile payments in UAE
RAKBANK, also known as The National Bank of Ras Al Khaimah, a financial institution in UAE and UnionPay International have announced their cooperation to...
Mastercard & Paysend expand partnership on cross border payments
Mastercard and UK-based FinTech Paysend have expanded their collaboration to enhance cross-border payments for small and medium enterprises (SMEs), which are looking for ways...
Growing Financial Instability In China Due To Shadow Banking
China's "shadow banking" sector is experiencing a growing crisis, posing a threat to an already troubled economy. Simultaneously, doubts are emerging about Beijing's capacity...
UBS Defies Opposition To Secure Record Quarterly Earnings
UBS has recently announced a historic quarterly profit, setting a record for the largest ever reported by a bank. This achievement, with a staggering...
Experts Urge Reforms For Swiss Banks After Credit Suisse
Switzerland has received a stern warning from a group of experts regarding the need to prepare adequately for the potential failure of a major...