newsletter


Tag: banking

IMF Managing Director Lagarde Resigns

July 16, 2019

The Executive Board of the IMF (International Monetary Fund) issued the following statement today. “Today the IMF Executive Board accepted Managing Director Christine Lagarde’s resignation from the Fund with eff...

AIIB reaches 100-member milestone

July 16, 2019

The Asian Infrastructure Investment Bank (AIIB) now has 100 approved members after its Board of Governors today supported the applications of three African countries. The milestone was reached with the addition of Benin...

BIS report on Big Tech in Finance

July 11, 2019

The BIS (Bank of International Settlements) published a report on 23 June 2019 that sought to analyze the opportunities and risks that are posed as Big Tech moves into Financial activities. Below is the full report;...

Fed relaxes Volcker rule for community banks

July 10, 2019

Five federal financial regulatory agencies announced on Tuesday, July 9th that they had adopted a final rule to exclude community banks from the Volcker Rule, consistent with the Economic Growth, Regulatory Relief, and...

How Hungary’s National Monetary Bank digitalized

July 9, 2019

It was a hard nut to crack, but the MNB can now be reached digitally by the market. Starting from January of last year, nearly thirty thousand applicants a year can communicate digitally since the legal deadline for the...

Standard Chartered’s digital strategy across Africa

July 5, 2019

Digital banks now available in Botswana, Zambia and Zimbabwe as part of the Bank’s digital transformation strategy for Africa Standard Chartered announce launch of social banking solution for Africa in Kenya, Uganda,...

Six Nordic banks create joint KYC company

July 5, 2019

Danske Bank A/S, DNB Bank ASA, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ), Svenska Handelsbanken AB (publ) and Swedbank AB (publ) are moving forward and have established a joint venture company to develop...

NatWest pilots working capital product Rapid Cash

July 5, 2019

NatWest has announced the pilot launch of Rapid Cash – a digital, flexible working capital product that connects with accounting software to provide a dynamic credit limit of between £25,000 to £300,000. NatWest Rapi...

The Future of Banking at Money 2020

May 10, 2019

The Future of Banking The journey from unbundling to rebundling and back has been a formidable one. Emerging technologies and the pace of innovation are driving changes throughout the banking industry at an unprecedented...

Morgan Stanley’s Multicultural Innovation Lab

May 9, 2019

What the 3rd edition of the accelerator programme tells us about the future of venture capital investments and the glaring funding gap. On April 29th, Morgan Stanley announced the 10 female-headed startups which were cho...

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