Latest News for: Banking system

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Bitcoin Shines Amid Republic First Bank Crisis, What Next?

CoinGape 27 Apr 2024
With traditional financial institutions faltering, some traders perceive digital assets as a hedge against the instability plaguing the conventional banking system ... of the traditional banking system.
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Japanese Yen Falls To Multi-Year Lows: Will Banks Adopt XRP By 2025?

Coin Edition 27 Apr 2024
Amelie reiterates the SBI CEO’s prediction that every Japanese bank would use XRP by 2025. Yen’s fall reinforces the need for a significant and immediate update in the financial system ... system in Japan.
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House Republican Proposes A Marijuana-Stablecoin Combo Bill

CoinGape 27 Apr 2024
I have supported the SAFE Banking Act for nine years in Congress now, which would allow cannabis dealers in states where it’s legal to have access to the banking system ... in the banking system.”.
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US Regulators seize Republic First Bancorp; Fulton Bank to take control of operations amid regional bank struggles

Live Mint 27 Apr 2024
Customers of Republic Bank should continue to use their existing branches until they receive notice from Fulton Bank that it has completed systems changes that will allow its branch offices to process ...
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Bitcoin emerges as safe haven amidst  Republic First Bank crisis

Cryptopolitan 27 Apr 2024
US regulators have completely shut down Philadelphia-based Republic First Bank, the nation’s first bank failure of 2024 ... Bank failure prompts shift towards crypto ... “Another bank just collapsed, the Republic First Bank.
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How well does YOUR bank protect you from mobile and online fraud?

The Daily Mail 27 Apr 2024
‘Whilst written in the Payment Systems Regulator’s regulation for Secure Customer Authentication, Lloyds Banking Group has made the regulators aware that we would not enforce this on payments and ...
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Long lines form and frustration grows as Cuba runs short of cash

San Francisco Chronicle 27 Apr 2024
HAVANA (AP) — Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM, but when it was almost his turn, the cash ran out ... of cash to banks.
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Yes Bank Q4 standalone net profit rises to ₹452 crore

Hindustan Times 27 Apr 2024
YES Bank, ICICI Bank to change service charges on savings accounts from May 1 ... Most Indian banks have been shoring up their deposit base amid tightened liquidity conditions in the banking system and healthy demand for loans.
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Nigeria hatches a crooked plan to attract foreign investors

Cryptopolitan 27 Apr 2024
Nigerians outside the country sent back a whopping $20.1 billion in 2022, according to the World Bank ... The Central Bank of Nigeria has been vocal, pointing out how important it is to get more Nigerians into the banking system to help grow the economy.
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I fear it’s already too late for Britain

AOL 27 Apr 2024
It was, I suppose, inevitable that this should have invited a fierce regulatory response; the quid pro quo for the taxpayer pounds spent rescuing the banking system was a stultifying straitjacket of state control.
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Cyprus Business Now

CyprusMail 27 Apr 2024
The Central Bank of Cyprus (CBC) on Friday reported an increase in both loans and total deposits within the Cypriot banking system for March 2024.
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Unleashing Growth: DIFC Emerges as Premier Global Hub for Family Businesses

Emirates 24/7 27 Apr 2024
With a strong pursuit of transparency, regulation, and knowledge-building, DIFC has earned the trust of 230 banks, including 27 of the top 29 globally systemic banks, and more than 350 highly reputable wealth and asset management firms.
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How a faltering Kotak Mahindra Bank exposes pitfalls of India’s tech ambition

Deccan Herald 26 Apr 2024
Earlier this month, system glitches disrupted cash withdrawals and digital transactions, prompting the Reserve Bank of India to bar Kotak from adding new customers through its digital channels and from issuing fresh credit cards.
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