global banking

China Gives Nod To Wholly Owned Foreign Banks
China Gives Nod To Wholly Owned Foreign Banks
October 26, 2018  |  Regulation

Draft rules from the China Banking and Insurance Regulatory Commission (CBIRC) show that the regulator will relax at least some ownership rules for foreign banks....

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Aktis Platform Boosts Banks’ Corporate Governance Transparency
Aktis Platform Boosts Banks’ Corporate Governance Transparency
October 23, 2018  |  B2B Payments

Data intelligence firm Aktis is rolling out a cloud-based platform for banks to benchmark and analyze their market positions compared to industry peers. The company...

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Today In Data: Digital Banking Cybersecurity
Today In Data: Digital Banking Cybersecurity
October 12, 2018  |  Today In Data

With new risks come new solutions, and banks are taking this approach to data security: They are adopting technologies such as biometric authentication to protect sensitive information....

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Barclays Debuts Digital Platform For EU Corporates
Barclays Debuts Digital Platform For EU Corporates
September 25, 2018  |  B2B Payments

U.K. bank Barclays is expanding its European operations with the launch of a digital corporate banking portal, reports in IBS Intelligence said on Monday (Sept....

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Cybercriminals Harass FIs 81M Times In 2018 So Far
Cybercriminals Harass FIs 81M Times In 2018 So Far
September 13, 2018  |  Security & Fraud

A new report has revealed that financial institutions (FIs) were hit with 81 million cybercrime attacks in the first half of 2018, with 27 million...

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Europe Seeks SWIFT Alternative
Europe Seeks SWIFT Alternative
August 27, 2018  |  Europe

To help attain financial independence, Europe has reportedly been working on a money transfer system. It would be separate from the prevailing Society for Worldwide...

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Worldnet Brings ‘Quickchip’ To POS; Lurraldebus Rolls Out Mobile Tickets
Worldnet Brings ‘Quickchip’ To POS; Lurraldebus Rolls Out Mobile Tickets
August 07, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes a mobile wallet pilot by Banco Agrario, Telefonica Colombia and...

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Global Banks See (Possible) Opportunity In Trade Disputes
Global Banks See (Possible) Opportunity In Trade Disputes
August 02, 2018  |  B2B Payments

International trade disputes have had numerous consequences, and banks are no exception. Reports in The Wall Street Journal said trade conflict has caused global banks’ shares...

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Santander Creates Digital Investment Unit
Santander Creates Digital Investment Unit
July 16, 2018  |  International

Banco Santander, the Spanish bank, has created a digital investment unit that will be headed by John Whelan, who is currently in charge of the...

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