The Reserve Bank of India (RBI) has proposed changes to its framework on customer liability in digital banking frauds, aiming ...

RBI proposes compensation for small-value digital banking fraud, offering up to ₹25,000 to victims and introducing stricter safeguards, alerts and complaint timelines for banks.

The Global Banking & Finance Review Awards Program has officially opened nominations for Most Innovative Digital Branch ...

For decades, the financial routine for most residents in Southern Maryland remained largely unchanged. You received a paycheck, deposited it at a local branch, and paid for groceries with cash or a ...

Kraken Financial, a Wyoming-based special-purpose depository institution operated by Payward Inc., has become the first ...

Bank of America (NYSE: BAC) has announced a surge in digital activity among its clients, fueled by advanced artificial intelligence, streamlined payment systems, and customized financial planning ...

As global banks move beyond digitising transactions toward building intelligent financial ecosystems, many are repositioning themselves as digitally led institutions focused on quality, inclusivity, ...

The RBI has also proposed a compensation framework for small-value digital fraud. Losses of up to ₹50,000 will be eligible ...

The CFPB’s personal financial data-rights rule provides a legal framework to dramatically expand open banking in the United States and spur a host of innovative products. But first, the rule must ...

Ashok K Razdan akrazdan6@gmail.com Digital banking has emerged as one of the most transformative developments in India’s financial landscape. With the rapid expansion of smartphones, affordable ...

The Central Bank of Nigeria (CBN) has set a maximum transaction limit of N20,000 within the first 24 hours of activating a mobile banking application on a new device.