banks
Americans rely on banks the most for data protection, says nCipher
People in the US trust banks the most for protecting their personal data, according to a survey by nCipher Security.…
Banks up digital sales capabilities
Banks have improved their digital account opening functions, with over three quarters of personal accounts available for opening online. The…
China reduces reserve requirement ratios of banks
The People’s Bank of China (PBoC) has reduced the reserve requirement ratios (RRR) of the country’s banks by 100 basis…
India reportedly planning to infuse $ 1.65bn in five state-owned banks
The Government of India has reportedly approved a new capital infusion of INR113.36bn ($1.65bn) into five state-owned banks to help…
Bank of Israel to allow banks to buy back their securities
The Bank of Israel has published a draft directive to enable all banks to buy back their own securities, subject…
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OneSpan partners with Nok Nok Labs to offer FIDO compliant solutions to banks
Digital security firm OneSpan has forged a partnership with authentication solutions provider Nok Nok Labs to offer FIDO compliant solutions…
IntSights launches new fraud detection solution for banks
IntSights Cyber Intelligence has launched a new threat intelligence and fraud detection solution for financial services and banking organisations. Dubbed…
France orders banks to raise capital buffers to manage risks
France has asked its banks to hold more money in order to mitigate risks associated with private sector borrowing binge.…
ECB increases supervisory fees for banks by nearly 12%
The European Central Bank (ECB) has decided to increase supervisory fees by nearly 12% this year to pay for the…
AI usage in banks is rising, finds study
A new study has revealed that the usage of artificial intelligence (AI) and machine learning (ML) in financial services (FS)…