Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects on global finances....
Millions of Chinese businesses face turmoil and strife in the wake of the coronavirus outbreak and are looking to the banks for lifelines and loans. A...
Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial...
Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other...
Banks across the U.S. are closing branches, but the New York area is seeing more closures than most, Bloomberg reported on Wednesday (Feb. 19). The...
In the battle against fraudsters, financial institutions (FIs) must start at the beginning – literally. FIs are increasingly vulnerable as they race to become digital...
Biometric VeinID platform Fingopay announced that it is launching an Open Banking retail pilot with Reflow, a payments firm. The partnership has allowed the companies...
China’s central bank will release a set of funds intended to combat the coronavirus this week, and will begin to offer the service on a...
Trade finance software company komgo has acquired the Trade Finance Exchange Console (TRAFEC), according to a press release. TRAFEC was developed by the Swiss association...