The digital identity verification market is projected to reach $12.8 billion by 2024, despite the fact that digital IDs are still largely underused in the...
To bolster the country’s economy, the central bank of China said it was reducing the amount of cash that banks need to have as reserves for...
In China, the central bank will debut a state-backed cryptocurrency that initially will be issued to seven institutions in that country, Forbes reported this week. The...
Japan’s struggling regional banks are taking on riskier investments as they struggle to survive. The banks have been hurt by rock-bottom interest rates, as well...
India’s Prime Minister Narendra Modi is merging state banks as the country looks for ways to offset a slowdown of the economy, Financial Times reported...
International financial institutions in the U.K. are getting ready for changes as it becomes more likely there will be a no-deal Brexit in October, Bloomberg...
Talk of a financial recession and a weaker global economy continues to grow, and central banks are keeping a close ear on the chatter. Reports...
The European Central Bank (ECB) is granting eurozone financial institutions additional time to cover unpaid loans after being pressured by Brussels, Reuters reported on Thursday...