China’s Biggest Banks Lower Deposit Rates
China’s largest state-owned banks are reducing deposit rates for the third time since the beginning of this year.
China’s largest state-owned banks are reducing deposit rates for the third time since the beginning of this year.
Bank holidays in Canada are determined at the provincial and territorial levels, resulting in variations across different regions. This means that each province and territory may have its own unique holidays, making the holiday calendar diverse and vibrant.
Maharashtra, located on the western coast of India, is the third largest state in the country by land area. It was established in 1960 and declared Marathi as its official language, although Hindi, Gujarati, Kannada, and Bhojpuri are also widely spoken.
Ireland is known for having a generous number of bank holidays scattered throughout the year. These holidays provide a much-needed break for both banks and many businesses, as they are typically closed on these special days.
Dutch neobank launches a Generative AI-driven platform to replace the outdated search function on its banking app.
Backbase, which is currently a global leader in advanced sphere interacting banking, announced that First Bank, based in St. Louis, Missouri, has started operating on the Backbase Engagement Banking platform.
In China, regional authorities have issued a record number of special bonds to provide support to small banks that are facing problems.
One of the dominant 2023 fintech trends is the continued adoption of digital banking. Neobanks are at the forefront of online and mobile banking, offering fast, accessible and flexible services at competitive rates.
Currently, according to UK Finance survey, in the United Kingdom, many local companies and organizations that operate in the sphere of financial services are using generative artificial intelligence technologies and tools in a test mode.
Bank Santander has introduced a checking account, which is designed to provide customers of this financial institution with the opportunity to avoid overdrafts.
The report of the Federal Reserve Bank of New York contains a statement that at present financial institutions that are part of the structure of the banking sector of the United States are in a more stable position compared to their condition during the crisis of 2008, but this does not mean that creditors are […]
Banco Santander, which is currently the largest financial institution in the Spanish banking sector, intends to expand its operations in the United States.
The use of technology in the banking sector increases the risk of bankruptcy of financial institutions, which is why regulators should take measures to ensure that maintain adequate liquidity insurance by lenders.
Capital One has published the results of its activities in the period from July to the end of September this year.
One of the most progressive countries in the world, the US, oddly is lagging behind emerging economies when it comes to payment innovations. As the whole world is rushing to satisfy the public demand for real-time payments, the USA is taking its time to implement instant money transfers into the national financial system. Why is […]
A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.
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