1. Nostro Account: An account a bank holds with a foreign bank. For instance, a Ukrainian bank may have a Nostro account with a German bank. 2. Vostro Account: An account a foreign bank holds with ...

Here's how banks are using AI to modernize incrementally, preserve institutional knowledge and evolve legacy platforms without full-scale replacement.

1LINK (Private) Limited is Pakistan’s first fully licensed Payment System Operator (PSO) and the largest interbank payment switch in the country. Established in 2004, 1LINK was created to connect ...

WeFi CEO Maksym Sakharov examines the rapid emergence of on-chain banking as decentralized finance evolves into real-world ...

Hanover Bank, a subsidiary of Hanover Bancorp, has announced the successful conversion to a new core banking system as of February 18, 2025. This upgrade aims to enhance the banking experience for ...