DBS chief Piyush Gupta said the integration accelerates the bank's consumer business growth in Taiwan by at least ten years.
August 14, 2023The PoC tested a theoretical CBDC and bank deposit tokens on a shared multi-entity distributed ledger to enable domestic and cross-border payments.
July 10, 2023The institutions had “inadequate AML/CFT controls in place" when they dealt with persons who were involved in Wirecard-related transactions.
June 22, 2023Xiaomi India, Deutsche Bank, HSBC and Citibank are accused of illegally remitting $673mn to foreign entities.
June 13, 2023As they embark on the RegTech race, banks cannot ignore frustrated customers.
May 25, 2023The CMA "provisionally" found that five global banks broke competition law in the aftermath of the global financial crisis.
May 25, 2023This AGM season, investors have filed numerous shareholder resolutions to accelerate finance sector action to address climate risks and meet net zero commitments.
April 24, 2023The changes are intended to better protect consumers from sudden decisions by lenders to wind down operations, as seen in the case of Citibank Korea in late 2021.
April 11, 2023The solution demonstrated the potential to reduce manual effort and errors in corporate action processing and deliver operational efficiencies.
March 27, 2023Analysts worry that Russia could retaliate to new US tariffs on imports of Russian aluminium by banning nickel and palladium shipments.
March 10, 2023