Monday, February 26, 2024 – Large US banks are facing potential risks as bad commercial real estate debt has outpaced the reserves held to cover such loans for the first time since the 2008 financial crisis, filings with the Federal Deposit Insurance Corporation (FDIC) said last week. The filings said the data showed a significant […]

LONDON, Wednesday, April 24, 2024 – Crypto Banking Report 2024 of CoinCub reveals a significant shift in the global landscape of crypto banking, with Europe leading with over 63 traditional financial institutions offering crypto-related services as of the first quarter of 2024. While Europe currently dominates the crypto banking scene, North America follows closely behind, […]

Thursday, June 6, 2024 – Southeast Asia Commercial Joint Stock Bank, SeABank, inked a cooperation agreement on May 24, 2024, with Visa International Card Organization to enhance its digital payment services. SeABank and Visa are joining forces to drive digital payments within the bank through a five-pronged approach. This collaboration prioritizes enhancing the customer experience […]

Brussels, Monday, April 1, 2024-The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global messaging network for banks, is gearing up to launch a new platform for central bank digital currencies (CBDCs) within the next 12 to 24 months, according to a Press release issued by SWIFT. Earlier in September 2023, SWIFT completed a six-month […]