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China’s central bank injected liquidity into the banking system through reverse repos and medium-term lending facility (MLF) on Monday to keep liquidity reasonable and ample. The central bank conducted 89 billion yuan

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The new capability, called OpsGPT, uses Generative AI (GenAI) and Large Language Model (LLM) technology to transform operations across the post-trade lifecycle. It offers real-time visibility for faster fails resolution, researching next

TLDR: bunq, a Dutch digital banking platform, has been marketing itself as Europe’s first AI-powered bank. However, industry professional Jason Mikula tested the platform’s AI chatbot, Finn, and found that its responses

Key Points: A poll shows that US President Joe Biden is not receiving credit for the strong financial position of US consumers, despite comments from banks stating consumers are in a good

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TLDR: UK-Chinese violinist Leia Zhu, 17, has announced that she is switching her career from music to finance. Zhu has been a rising star in the classical music world, playing in 17

TLDR: Hong Kong Remains an ‘Ideal Option’ for International Investment, Says Finance Chief Hong Kong’s finance chief, Paul Chan Mo-po, has stated that despite pressures on the city’s capital markets, Hong Kong

TLDR: Retirement banking scams are on the rise, with scammers targeting vulnerable retirees and stealing their hard-earned savings. In 2020 alone, financial scams targeting seniors netted over $1 billion, according to the

Fintech startup Salmon has received approval from the central bank of the Philippines to acquire a majority stake in the Rural Bank of Sta. Rosa (Laguna). With this acquisition, Salmon will own