US Fed finalises bank stress test rules
The Federal Reserve Board has concluded adjustments designed to increase the “transparency and public accountability” of its assessment framework and…
The Federal Reserve Board has concluded adjustments designed to increase the “transparency and public accountability” of its assessment framework and…
ABN AMRO Bank has expanded its collaboration with Infosys, with the IT giant providing application development, software testing, and IT support services as the Dutch bank increases its use of…
Thought Machine has unveiled an AI solution developed with Amazon Web Services (AWS) Transform to help financial institutions speed up the migration of their legacy core systems. The solution combines…
Australia’s corporate regulator will examine how banks are using, or proposing to use, artificial intelligence in their interactions with customers. The Australian Securities and Investments Commission (ASIC) outlined the work…
Hungary’s OTP Bank is assessing options to withdraw from the Russian market as regulatory bodies evaluate its ongoing regional presence during its proposed acquisition of Baltic lender Luminor Bank, reported…
Oracle has integrated its banking software suite to Swift’s distributed ledger network, allowing commercial lenders to route tokenised deposit transactions across institutions. The arrangement enables financial organisations to run both…
Brazilian digital banking group Nu Holdings has opened preliminary talks regarding an acquisition of UK-based Monzo. A potential transaction will value the lender between £8bn ($10.5bn) and £10bn ($13.2bn), according…