The Reserve Bank of India (RBI) has released a comprehensive set of draft guidelines aimed at bolstering liquidity risk management among banks, with a special focus on the rapidly evolving landscape of internet and mobile banking (IMB). This move follows an extensive review conducted by RBI
Bank of America’s CashPro app has seen remarkable growth and success in the realm of mobile business banking, reflecting significant shifts in corporate payment behaviors and digital banking expectations. Through the first half of 2024, the CashPro app processed an astounding $500 billion in b
The transition to cashless transactions in Europe is gaining momentum, with Cyprus and Greece leading the way. This shift is facilitated by significant technological advancements and a notable change in consumer behavior, particularly accelerated by the COVID-19 pandemic. As cashless payments
In an era where digital convenience is increasingly pivotal, the Royal Bank of Scotland (RBS) has taken a significant leap in banking innovation. The bank has introduced a fingerprint login feature for its mobile banking app, aiming to augment both user convenience and security. This technological
Unity Bank has recently introduced a transformative customer loyalty program in partnership with Cashtoken, aiming to revolutionize customer engagement through digital rewards. This article delves into the details of Unity Bank's initiative, alongside significant updates and developments in
TISA Bank Limited, a subsidiary of the Teachers Savings and Loan Society Ltd (TISA), has embarked on a significant expansion and digital transformation journey. The bank, building on over five decades of experience in the banking sector, has announced its transition to a fully-fledged commercial
