State Bank of India (SBI) witnesses 46% rise in mobile banking in 2014 with over 1.25 crore users.

Banks to pay Rs 1.06 crore to customers for online banking frauds

HDFC Bank, ICICI Bank and SBI leads in mobile banking transactions

Hiring in banking sector is expected to go up to 25% this year

IDFC Bank will start banking operation from Oct 1, 2015

RBI sets up Inter-regulatory Working Group on Fin Tech and Digital Banking

Banknet releases 6th Edition of NRIs Handbook and Guide for Banking, Investments

The Hong Kong Monetary Authority is informing authorized institutions that on Feb. 29, 2012, the Banking (Amendment) Ordinance 2012 bill was passed by the Legislative Council.

The Reserve Bank of India has updated its mobile banking circular, dated Dec. 24, 2009, removing the 50,000 Rupees per customer, per day limit.

The Institute for Development and Research in Banking Technology has launched the Mobile Banking Security Lab to explore solutions to the evolving challenges in the area of mobile banking and security.

The European Commission is floating plans to beef up the fight against money-laundering, including possibly giving a supervisor role to the European Banking Authority. Yet the authority's board refused to act on a €200bn money-laundering scandal involving Danske Bank.

Dating apps may get all the press, but NerdWallet has been refining the art of financial matchmaking for more than a decade. The company provides its members with sound financial advice generated by machine learning algorithms. But as computing has advanced, so has NerdWallet’s ambition. Now the company is using AI to better match casual Read article >

The post Banking on AI: NerdWallet’s Recommendation Engine Matches Customers with Relevant Financial Products appeared first on The Official NVIDIA Blog.

  The Singapore office of global legal practice Eversheds Sutherland today announced the appointment of Gerard Ng as a partner in the Banking and Financial Services Practice group. With over 20 years of experience, Gerard is a specialist in len...

TNS Your bank may be disbursing home loans without due diligence of realty projects. So don’t be lax in checking out the builder’s credentials If you believe that the project in which you have booked your flat is free from all the issues just because your bank has cleared your loan application and approved the required amount — then it’s time to think again. While many buyers think that the lending bank usually carries out all the checks before approving loan for a project, the reality is very different. It has been seen that banks are not doing enough to gauge the authenticity of housing projects before disbursing loans. There […]

Banking integration lowers bank default risk in recipient countries.

Banking integration lowers bank default risk in recipient countries.

MERVYN KING, the former governor of the Bank of England, once issued a brutal analysis of the global banking system and argued for its reinvention, it can be revealed as the Government fine-tunes its economic response to the coronavirus pandemic.

Toronto-Dominion Bank says it expects to take a provision for credit losses related to its U.S. retail banking business of roughly $1.1 billion (US$800 million) in its second quarter due to the pandemic.

Reforms recommended by the Banking Royal Commission, which uncovered widespread financial misconduct, will be delayed so the financial industry can recover from the coronavirus crisis, Treasurer Josh Frydenberg announces.

Albert Gonzalez, 28, of Miami, Fla., was indicted today for conspiring to hack into computer networks supporting major American retail and financial organizations, and stealing data relating to more than 130 million credit and debit cards. Among the corporate victims named in the indictment are Heartland Payment Systems, a New Jersey-based card payment processor; 7-Eleven Inc., a Texas-based nationwide convenience store chain; and Hannaford Brothers Co. Inc., a Maine-based supermarket chain.

Hansruedi Schumacher and Matthias Rickenbach, both of Switzerland, were indicted today for conspiring to defraud the United States. According to the indictment, Schumacher worked as an executive manager at Neue Zuercher Bank (NZB), a Swiss private bank located in Zurich, Switzerland. Rickenbach worked as a Swiss attorney who provided legal advice and services to U.S. clients.

Albert Gonzalez pleaded guilty to conspiracy to gain unauthorized access to the payment card networks operated by, among others, Heartland Payment Systems, 7-Eleven and Hannaford Brothers Co. Inc.

A federal judge in Fayetteville, Ark., has barred Wayne Hicks and his company, My Icis Inc., from operating a private banking system that allegedly helped customers avoid taxes by shielding their identities and other financial transactions from the Internal Revenue Service.

Markus Walder, former head of North America Offshore Banking at an international bank headquartered in Zurich; Susanne D. Rüegg Meier, a former manager with the international bank; Andreas Bachmann, a former banker at a subsidiary of the international bank; and Josef Dörig, the founder of a Swiss trust company, have been charged with conspiring with other Swiss bankers to defraud the United States.

Today the District Court in the District of Columbia dismissed a challenge filed by the Florida Bankers Association and Texas Bankers Association challenging 2012 amendments to the Department of the Treasury’s interest-reporting regulations.

Lloyds Banking Group plc has entered into an agreement with the Department of Justice to pay an $86 million penalty for manipulation of submissions for the London InterBank Offered Rate (LIBOR), a leading global benchmark interest rate

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OSCB Recruitment 2020 Online Application for 786 is being filled up at rcsodisha.nic.in . Check details here.

A total of 10529 vacancies have been notified. Job Aspirants can go through the list of Government Jobs in this article.

Fernando Alonso is banking on a strong performance in the race, after he claimed to have extracted everything possible from his Ferrari to take third in qualifying for the Chinese Grand Prix

Big risks evidently still promise big rewards.

As companies deal with declining cash flow amid the coronavirus pandemic, they are likely to cut or even suspend dividends.

Virtual banks may compete with traditional banks, but they also help lenders like Standard Chartered cut costs, says Paul Pong of Pegasus Fund Managers.