Tag: Banks

RBI panel recommends new regulatory framework for cooperative banks

A Reserve Bank of India (RBI) panel has proposed a new four-tier structure for regulating and improving urban cooperative banks (UCBs).

MAS reveals plans to launch new banking data-sharing platform

The Monetary Authority of Singapore (MAS) has revealed it has been working with legal and industry partners to develop a platform to help banks securely share information.

Token driving UK open banking payments expansion, research finds

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

Digital banking use to exceed half of global population in 2026,...

A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.

Financial consortium calls for new social, environmental reporting rules for banks

A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.

EBA finalises EEA bank supervisory reporting cost study

The European Banking Authority (EBA) has completed its study of the cost of compliance of European Economic Area (EEA) banks with the supervisory reporting requirements.

Almost half of European executives see Covid-19 digital shift as permanent,...

A study by Swedish open banking platform Tink has found 41% of European financial executives believe the shift online caused by the Covid-19 pandemic is permanent.

Temenos, Taurus join forces to bolster digital asset access for banks

Swiss banking technology firm Temenos has partnered with digital asset platform Taurus to integrate the latter’s digital asset infrastructure into Temenos’ platform.

UK banks lagging behind in diversity after 10,000 women left their...

The number of women at the UK’s five biggest financial companies plummeted by 3% during 2020, posing a serious question to the sector’s diversity pledges.

FinMkt partners with Persistent to provide banks with digital lending solutions

Point of sale (POS) financing SaaS provider FinMkt has teamed up with global solutions company Persistent.

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