January 2024 - Page 17

TLDR: A congressional hearing held on January 10, 2024, addressed the regulatory framework for emerging technologies and digital startups. The hearing focused on the risks posed by nonbank financial institutions and cryptocurrency

TLDR: Fort Wayne banking solutions company, Allied Payment Network, has secured new investors that are expected to double its year-over-year revenue growth and increase transaction numbers. New York-based RF Investment Partners and

TLDR: Bank-fintech partnerships have the potential to thrive despite the challenges they may face in 2023. Although regulatory uncertainty, competition, and evolving technologies may pose hurdles, the increasing demand for digital banking

TLDR: Today’s best CD rates offer APYs of up to 5.55%. Some banks are slowly lowering rates for select terms, so savers need to act quickly if they plan to open a

Hong Kong-based AI-driven company sells potential breast cancer drug in deal whose value could exceed US$500 million Insilico Medicine, a Hong Kong-based AI-driven drug discovery company, has sold its preclinical drug candidate

The article focuses on the retirement of Ann Dora Garner, who served as vice president of operations at Commercial Bank in Ozark. Garner had a remarkable 43-year career at the bank. She

U.S. Bank Awards First-Ever Boundless Potential Award to Two Small Businesses Taqueria Durango and Interfaith Dental were honored for their commitment to their communities Each organization received a $5,000 donation for their

Key Points: AU Small Finance Bank reported a 20% YoY growth in gross advances in Q3FY24. Advances growth was driven by the retail assets group and commercial banking group. The bank’s overall

In 2024, China’s local government financing vehicles (LGFVs) must repay a record amount of maturing local bonds, totaling $651 billion. This poses a challenge for the central government’s program to refinance LGFV

Revolut Business has been named the winner of the Business Banking Innovation category at the 2023 UK Finder Banking Innovation Awards. The awards recognize financial providers that have delivered standout benefits to