Articles with tag like: Reserve Bank

Found 6 results in 386 milliseconds.

TReDS platform M1xchange secures USD 4.5 mln investment

News | E-invoicing, SCF & E-procurement | 18 Dec 2020

Reserve Bank-approved TReDS platform M1xchange has raised USD 4.5 million in equity round funding from Singapore-based BENEEXT Asia and Mayfield.

tReds, M1Xchange, investment, RBI, Reserve Bank, Singapore, BENEEXT Asia, Mayfield, SCF, supply chain finance, licence, MSME

Central Bank of the Philippines open to Qatar-based funding

News | Online & Mobile Banking | 10 Aug 2020

Bangko Sentral ng Pilipinas (BSP) has announced plans to explore potential investment deals from Qatar for digital banking and fintech projects.

Central Bank of the Philippines, Bangko Sentral ng Pilipinas, BSP, Philippines, Qatar, funding, investment, digital banking, fintech, Reserve Bank, regulations, digital transactions, banking sector, nonbank financial institutions, digital platforms, Islamic banking, shariah-compliance

PostaBank replaces 12 mln bankcards after data breach

News | Digital Identity, Security & Online Fraud | 23 Jun 2020

South Africa-based Postbank has suffered a data breach, forcing the institution to replace 12 million bankcards after rogue employees stole its 36-digit master key.

South Africa, Postbank, banks, cards, security, data, fraud, Reserve Bank, transactions

RBI imposes penalty on several Indian banks, including Citibank

News | Digital Identity, Security & Online Fraud | 02 Jun 2020

The Reserve Bank has imposed a penalty on Citibank for non-compliance with various regulatory norms and directions of the central bank.

fines, bank, India, Reserve Bank, Citibank, credit, credit, bank account, non compliance

ICBC to provide banking services in New Zealand

News | E-invoicing, SCF & E-procurement | 19 May 2020

The Industrial and Commercial Bank of China Limited (ICBC) has registered to provide banking services in New Zealand.

Industrial and Commercial Bank of China, ICBC, New Zealand, banks, banking, Reserve Bank

Indian Bank announces a cut in its lending rates

News | Payments General | 01 Apr 2020

Following a 0.75% reduction in the repo rate announced by the Reserve Bank (RBI), Indian Bank has decided to cut its lending rates.

Reserve Bank, RBI, Indian Bank, lending rates, interest rates, Bank of Baroda, pandemic, consumer loans, banking, India