The European Central bank is implementing a cross-currency settlement service on the Eurosystem's Target Instant Payment ...

Temenos has hired Barb Morgan, formerly of LSEG and FIS, as chief product and technology officer. Welcome to Finextra. We use ...

The service will allow instant payments originating in one Tips currency to be settled in another Tips currency and in ...

Morgan Stanley has rolled out a generative AI-powered assistant to support staff in surfacing and distilling insights from ...

In a European first, Nordic challenger bank Lunar has launched a virtual assistant using GenAI Native Voice technology.

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to ...

What is authorized capital? Authorized capital is the amount of assets that the owners (founders) of the company invest in ...

JPMorganChase today unveiled its newest branch format, the J.P. Morgan Financial Center, specifically designed to serve the unique needs of affluent clients through a highly personalized level of ...

The demand for real time data and transaction processing is driving a record number of Bank of America business clients to adopt Application Programming Interfaces (APIs).

The Dawn of Open Banking in the U.S. “The CFPB’s final Section 1033 rule marks a pivotal moment for millions of consumers ...

SEB’s venture capital unit invests in Lumera, a leading player in the Swedish market for insurance administration software. The bank thus broadens its current partnership with the company.

First of all, it is a guarantee that the company has enough funds to cover its expenses and obligations during periods of ...