banking - page 17

Fed Bank Watchdog Supports New Capital Requirements
News

Fed Bank Watchdog Supports New Capital Requirements

The Deputy chairman of the Federal Reserve for Supervision, Michael Barr, during a speech at the American Bankers Association (ABA) event on Monday, October 9, said that lenders should consider the new capital requirements as a help, not an obstacle.

Metro Bank Secures $1.1 Billion
News

Metro Bank Secures $1.1 Billion

The media reported that the British Metro Bank was able to secure $1.1 billion from investors.

Fujitsu to Test Use of Generative AI for Banks
News

Fujitsu to Test Use of Generative AI for Banks

The Japanese technology giant Fujitsu will conduct testing, during which the possibilities of using generative artificial intelligence technology in the banking sector will be explored.

U.S. Bank Launches Online Treasury Solution
Finance & Economics

U.S. Bank Launches Online Treasury Solution

U.S. Bank presented an online platform for third-party payments/treasury solutions.

HSBC Launches Trade Finance Offer
News

HSBC Launches Trade Finance Offer

Banking giant HSBC has presented a trade finance proposal, through which customers will have access to simplified payment transfer mechanisms to suppliers.

Bank of America Reports Rise in Delinquency Rates
Finance & Economics

Bank of America Reports Rise in Delinquency Rates

Bank of America has reported an increase in the number of customers of this financial institution who delay credit card payments.

U.S. Bank Launches Services for Medical Institutions
Finance & Economics

U.S. Bank Launches Services for Medical Institutions

U.S. Bank announced its intention to start providing small medical clinics with the same financial support as larger institutions of similar functional purpose.

Greenlight and Apiture to Provide Family Banking Solutions
Finance & Economics

Greenlight and Apiture to Provide Family Banking Solutions

Apiture, a provider of digital solutions for banks and credit unions, announced the beginning of cooperation with the fintech company Greenlight Financial Technology, which is focused on serving families.

Citi Adds New Payment Solutions
Finance & Economics

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.

Swift Enters Beta Testing of CBDC Connector
Blockchain & Crypto

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
News

HSBC Launches New Account Opening Service

HSBC has launched a new service for opening business accounts in several markets.

Bank of America Expands SafeBalance
News

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
Finance & Economics

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
News

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
News

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
News

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.