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A service for banking industry professionals · Thursday, November 7, 2024 · 758,460,707 Articles · 3+ Million Readers
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  • Published on 03:15 GMT

    The Challenges And Opportunities Of Cross-Border Payments For Traditional Banks

    Andy Elliot is the Vice President of Product Strategy at EvonSys. getty When I needed to transfer funds internationally a few years ago, my bank’s timeline was five days (with high fees) and the exchange rate didn’t exactly favor me. Looking for …

    Source: Forbes - Neutral
  • Published on Nov 6, 2024

    From banks to small-caps, Trump victory drives rally in stocks

    Trump's Republican Party also secured the Senate and was making gains in the House of Representatives, potentially making it easier for the president to legislate his proposals and push through key appointments. Markets "have priced in a pretty …

    Source: Channel News Asia - Pro-Government
  • Published on 03:54 GMT

    'Maverick and banking don't correlate particularly well'

    Rabobank New Zealand Chairman Chris Black has told politicians the words "maverick" and "banking," "don't correlate particularly well." Black, and Rabobank NZ's CEO Todd Charteris appeared in front of the parliamentary …

    Source: interest.co.nz - Neutral
  • Published on Nov 6, 2024

    When Does ‘Outer Banks’ Season 4 Part 2 Come Out On Netflix?

    Outer Banks. (L to R) Madelyn Cline as Sarah Cameron, Carlacia Grant as Cleo, Madison Bailey as ... [+] Kiara, Chase Stokes as John B, Jonathan Daviss as Pope in episode 406 of Outer Banks. Cr. Jackson Lee Davis/Netflix © 2024JACKSON LEE DAVIS/ …

    Source: Forbes - Neutral
  • Published on 00:22 GMT

    UK Banks Deploy Mobile Network Data to Combat Payment Fraud

    Mobile operators and banks in the UK have launched a data-sharing initiative to reduce Authorised Push Payment (APP) fraud, which cost British consumers £213.7m in the first half of 2024. The initiative, called Scam Signal, connects mobile network …

    Source: FinTech - Neutral
  • Published on Nov 6, 2024

    Report under section 79A of the Banking Act 2009 on the transfer of Silicon Valley Bank UK to HSBC UK

    The following is a report on the transfer of Silicon Valley Bank UK Limited (SVB UK) to HSBC UK Bank Plc (HSBC) by the Bank of England (the Bank) for the purposes of section 79A of the Banking Act 2009 (the Act). This report supplements evidence provided …

    Distribution channels:
  • Published on Nov 6, 2024

    e-CNY expansion may curb banking income: S&P Global Ratings

    It could reduce expenses for companies and facilitate international payments. China's digital currency, the e-CNY, is expected to expand significantly over the next two to three years, according to a new report from S&P Global Ratings titled " …

    Source: Asian Banking & Finances - Neutral
  • Published on Nov 6, 2024

    Why Banks Should Rethink ‘Every Company is a Software Company’

    The mantra that “every company is a software company” has become a cornerstone of modern business strategy, driving innovation and growth across industries. Originating from the tech sector, it suggests that all companies must develop their own internal …

    Source: The Financial Brand - Neutral
  • Published on 03:36 GMT

    Tk9,000cr returns to banks in September

    With the political instability following the fall of the Awami government somewhat easing in September, nearly Tk9,000 crore was deposited back into banks, signalling a partial return to stability and trust in the banking sector. By the end of September, …

    Source: The Business Standard - Neutral
  • Published on 03:03 GMT

    Banks free to trade with deposited FX – CBN

    The Central Bank of Nigeria has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal Government recently. The guidelines released by the CBN on Tuesday provided the modalities for the participation of …

    Source: Punch - Uncategorized
  • Published on 03:27 GMT

    CBN authorizes banks to trade with deposited forex

    The Central Bank of Nigeria (CBN) has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal Government recently. The guidelines released by the CBN on Tuesday provided the modalities for the …

    Source: The Citizen (Nigeria) - Uncategorized
  • Published on 03:18 GMT

    Chhath Puja 2024 Holidays: Are banks open on November 7,8? Check state wise list

    As Chhath Puja 2024 nears, banks in several states, including Bihar, Jharkhand, Delhi, and West Bengal, will observe closures on November 7 and 8. This may affect customers in these regions, so advance planning for banking needs is recommended. Holiday …

    Source: Livemint - Neutral
  • Published on Nov 6, 2024

    Wise research reveals 3 in 4 consumers frustrated with high banking fees

    New research unveiled by Wise, the international money app, shows a growing frustration among Irish people with high costs for basic banking services and hidden fees for international transactions. As a result, more people are taking a hybrid banking …

    Source: Irish Tech News - Neutral
  • Published on Nov 6, 2024

    Arming banks to avert climate risks

    By Amarendu Nandy & Aayush Anand A spate of extreme weather events like devastation from Hurricane Milton in the United States or those closer home in Kerala, Assam, and North India underscores the growing frequency and severity of climate-related …

    Source: Financial Express - Neutral
  • Published on Nov 6, 2024

    Zelensky Signs Law Obliging Banks to Disclose More Data on Police Request

    Ukrainian President Volodymyr Zelensky signed into law a bill meant to fight tax evasion, which widens the list of data banks can disclose to National Police and enabling credit unions to allocate donors’ loans in foreign currencies.   While the bill was …

    Source: Kyiv Post - Uncategorized
  • Published on Nov 6, 2024

    Wall Street’s New Dawn? Banks Eye Easier Times Under Trump

    The victory of Donald Trump in the recent presidential election has sent shockwaves through various sectors, with Wall Street’s banking industry experiencing significant optimism. The decisive win has been interpreted as a signal for potentially lighter …

    Source: Wall Street Pit - Label Pending
  • Published on Nov 6, 2024

    Banking rules, and regulators, that face change under Trump

    A second Donald Trump presidency is likely to have major ramifications for the bank regulatory world. Maybe chief among them: an about-face on the contentious capital requirements hike. Change is also expected to occur quickly: Trump’s transition team is …

    Source: Legal Dive - Label Pending
  • Published on Nov 6, 2024

    Banks preparing to suspend interest fees

    Scheme to assist vulnerable debtors PUBLISHED : 7 Nov 2024 at 06:14 The Thai Bankers' Association (TBA) is implementing a new debt restructuring programme covering borrowing valued at 1.4 trillion baht, aimed at alleviating household debt over three …

    Source: Bangkok Post - Center-right
  • Published on Nov 6, 2024

    Syrian Commercial Bank extends validity of banking cards

    The Syrian Commercial Bank announced the extension of the validity of the banking cards issued by it to four years instead of three years, after a crisis in salary disbursement faced by employees in areas controlled by the regime due to delays in obtaining …

    Source: Enab Baladi - Neutral

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