banking - page 7

Blockchain & Crypto

JPMorgan Debuts Blockchain Collateral Settlement

JPMorgan Chase has launched its first collateral settlement for clients using blockchain.

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.

Finance & Economics

Metro Bank Secures $1.1 Billion

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

News

Italy Revisits Bank Tax After Industry Rebuke

A controversial 40% tax on the banks’ income derived from higher interest rates was revised in Italy, now favouring banks that hold a higher proportion of government bonds

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.

News

U.S. Bank Launches Online Treasury Solution

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

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.

News

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.

News

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.

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.

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.

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

News

HSBC Launches New Account Opening Service

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

News

Bank of America Expands SafeBalance

Bank of America announced the expansion of requirements for its SafeBalance settlement account plan.

News

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.

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.