A large service provider outage, which impacted Bank of Oklahoma and other bank customers trying to do online banking, is now over. In a late Thursday social media update, Bank of Oklahoma said its ...
China’s central bank injected a near record-high amount of liquidity into the banking system to help meet demand for cash even as it looks to support the yuan. The People’s Bank of China on ...
The operation is aimed at offsetting the impact of the expiration of medium-term lending, peak tax season and cash demand before Lunar New Year holidays, and to keep banking system liquidity ample ...
In a statement, the four central banks said that the agreement, signed in Rome on January 10, committed them to launch the system in the next 18 months. However, the National Bank of North Macedonia ...
Despite being the central nervous system for banks’ operations for decades serving a business purpose, legacy systems have become inadequate, and those trained to use them may lack the skills ...
Regulators quest to eliminate risk is creating new risk Coming out of the great financial crisis, most bankers believed that some regulation was needed to restore trust in the banking system in ...
January 13 (SeeNews) - The Bank of Italy said it has signed a Letter of Intent (LoI) with the central banks of Albania, Bosnia and Herzegovina, Kosovo and Montenegro to create an instant payment ...
It facilitates international payments and foreign exchange transactions between banks. The Reserve Bank of India is India’s central bank and the regulator of the country’s financial system. It ...