Tag: bank

Bank of England and BIS unveil CBDC project

The Bank of England and the Bank of International Settlements (BIS), has successfully completed a collaborative project regarding CBDC.

Atom Bank continues upward trajectory with passing of two key milestones

UK challenger Atom Bank has achieved two substantial milestones after it exceeded £3bn of residential mortgage completion and reached £1bn in Instant Saver account deposits.

Banks more trusted than FinTechs and Big Tech, US survey reveals

A Bank for International Settlements (BIS) survey has found US citizens trust banks more than FinTechs, government agencies and Big Data to protect their personal data.

US trade report highlights challenges for bolstering financial inclusion

A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.

Deutsche Bank bolsters Asia presence with Singapore ESG centre

Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.

Tinkoff launches first Russian digital buy now pay later platform

Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.

MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures

The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.

Mox bolsters banking offering with new BNPL service

Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.

Sterling Federal Bank picks Finastra’s banking solution Fusion Phoenix

Sterling Federal Bank is on a mission to expand its consumer banking and mortgages services, it has tapped Finastra for its Fusion Phoenix solution.

Why indó’s founders aim to create “the least powerful bank in...

On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution