RBI to Wind Up Paytm Payments Bank
The Reserve Bank of India (RBI) has said that the operations of Paytm Payments Bank Limited (PPBL) will be wound
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Genpact Launches Agentic AI Suite for Banking
Genpact has launched its Banking Analyst Suite, an enterprise solution that applies agentic artificial intelligence to regulated banking operations, beginning
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HSBC and Google Cloud Partner to Accelerate AI in Banking
HSBC has entered into a multi-year strategic partnership with Google Cloud to develop and deploy artificial intelligence capabilities across its
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Canadian Banks Seek Simpler AML Reporting Rules
Canadian banks are urging the federal government to simplify anti-money laundering reporting requirements, arguing that excessive paperwork is consuming compliance
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Western Union to Shut Down Digital Banking Service
Western Union International Bank has announced that it will discontinue its Western Union Digital Bank service, with customer accounts to
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Bank of Baroda Data Breach: Lessons for Strengthening Cyber Resilience in Banking
The reported Bank of Baroda data breach has brought renewed attention to the growing cybersecurity challenges faced by financial institutions
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SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
SVC Co‑operative Bank Ltd., formerly known as The Shamrao Vithal Co-operative Bank Ltd., a multi-state scheduled bank in India, concluded
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When Does an SMA Account Become an NPA? Complete Loan Stress Timeline
A loan rarely becomes a Non-Performing Asset (NPA) overnight. In most cases, it goes through different stages of repayment stress
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Bank of Baroda Data Breach Highlights Growing Cyber Risks in Banking Sector
The reported Bank of Baroda data breach has highlighted the increasing cybersecurity challenges faced by financial institutions as banks become
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Kerala Lok Ayukta Restricts Unregistered Institutions from Using “Bank”, “Banking” and “Banker”
The Kerala Lok Ayukta has taken action against the misuse of banking-related terminology by directing that unregistered institutions cannot use
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