Citi Adds New Payment Solutions
Citi Treasury and Trade Solutions presented a line of new banking products that are intended for use by financial institutions within the scope of their activities related to the execution of payment transactions.
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Swift Enters Beta Testing of CBDC Connector
Swift continues exploring CBDC interoperability, proceeding to the next testing phase with three central banks / monetary authorities and over 30 financial institutions involved
HSBC Launches New Account Opening Service
HSBC has launched a new service for opening business accounts in several markets.
Bank of America Expands SafeBalance
Bank of America announced the expansion of requirements for its SafeBalance settlement account plan.
JPMorgan CEO Criticizes Capital Rules Proposed by US Authorities
Jamie Dimon, chairman of the board and chief executive officer of JPMorgan Chase & Co, said he disagreed with the rules on capital that were proposed by regulators of the United States.
BNY Mellon Launches Payments Service
The American bank BNY Mellon has established cooperation with Trustly in order to launch an open banking service, through which organizations will be able to carry out payment transactions of consumers directly from their accounts opened in financial institutions.
Citizens Financial Group CEO Expects Limited Consolidation in Banking Area
Bruce Van Saun, CEO of Citizens Financial Group, believes that in the near future, the scale of consolidation in the American banking sector will be limited due to the impact on the situation in the industry of such negative external factors as high interest rates and significant degree of pressure from regulators.
Nubank Launches Personal Loans in Mexico
Latin American fintech bank Nubank has announced the launch of a consumer lending program for its customers in Mexico.
Top Australian Investment Banks
Large-scale and complex financial transactions always require a trusted intermediary. These top Australian investment banks can easily serve as such.
UBS Outlines Major Targets for Its Integration of Credit Suisse
UBS Group AG has outlined the main goals of integration with its former competitor Credit Suisse.
JPMorgan Boosts Its Stake in Brazil’s C6 Bank
JPMorgan has announced an increase in its stake in a Brazilian digital bank called C6 Bank.
Orange to Sell Banking Business in Romania to Alpha Bank
Mobile network operator Orange is transferring its retail banking business in Romania – Orange Money – to Alpha Bank Romania
Citi Introduces New Offerings to Streamline Its Retail Banking Business
Citi has developed new proposals that should optimize the retail banking business of this lender.
FNBO and Visa to Release Digital Wallet Card
First National Bank Omaha (FNBO) announced the beginning of cooperation with Visa in order to provide its customers with the best service for working with a virtual wallet.
Bank of America Announces Expansion to Its Customized Cash Rewards Credit Card
Bank of America (BoA) announced the expansion of the use scale of its Customized Cash Rewards credit card, which provides owners with additional benefits and opportunities when receiving cashback in several categories.
Goldman Sachs Reportedly to Sell Its Personal Financial Management Business
The media reported that in the future, Goldman Sachs may decide to sell its personal finance management business.
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