Finance

Fidor, IFC Sign MOU To Expand Digital Financial Inclusion In Developing Markets

Digital banking services provider Fidor has signed a Memorandum of Understanding (MOU) with International Finance Corpor... Read more

Telia Finance Selects Temenos For Digital Banking Services

Temenos T24 Core Banking has been selected by Telia Finance, an independent company acting as a finance engine for Telia... Read more

Francisco Partners To Buy Payments Technology Firm Verifone For $3.4bn

Francisco Partners-led investor group has agreed to acquire payments technology firm Verifone Systems for around $3.4bn. Read more

B3 To Provide Technology Services To Argentinean Stock Exchange BYMA

B3 has agreed to provide technology services to Argentina’s stock exchange, Bolsas y Mercados Argentinos (BYMA). Read more

SEC Fines Three Investment Advisers Over Breaching Fiduciary Duties

The US Securities and Exchange Commission (SEC) has imposed a fine of $15m on three investment advisers over breaching f... Read more

Carter Bank & Trust Selects Fiserv For Digital Transformation

Fiserv said that it will help Carter Bank & Trust of Martinsville, Virginia, to modernize its operations, diversify ... Read more

Intercontinental Exchange To Buy Chicago Stock Exchange

Global exchanges operator Intercontinental Exchange (ICE) has signed an agreement to acquire Chicago Stock Exchange (CHX... Read more

Bank Of Baroda Hikes MCLR By 10 Bps

Bank of Baroda has upped its marginal cost of funds based lending rate (MCLR) by 10 basis points across all tenors. Foll... Read more

LSEG Implements OCG Participant Gateway For HKEX

LSEG Technology, a provider of high-performance technology including broker, exchange, market data, risk management, sur... Read more

In A Big Relief To Banks, RBI Defers Ind AS Implementation By A Year

Now, banks will get more time to prepare for expected credit-loss model Read more

To Ensure Safety, Global Payment Firms Told To Store Data In India

Amazon, Google and WhatsApp may have to set up local servers Read more

Credit Policy: Borrowers Will Have To Be More Watchful

Banks have been hiking deposit and lending rates Read more

IOB Cuts Rates For MSME Borrowers

Interest on fixed deposits hiked Read more

RBI Pegs FY19 Growth Rate At 7.4%; Lowers Inflation Forecast

Monetary Policy Report raises concerns over large revisions in GDP estimates Read more

Reserve Bank Bars Bitcoin Trading

Investors will no longer be able to buy bitcoins through their bank accounts or digital wallets. In a major blow to bitc... Read more