Mainframes still power 80% of bank card transactions and 95% of ATM transactions. Here's why modernization isn't ...

As banks race to turn AI into enterprise-wide intelligence, Revolut's PRAGMA model offers a glimpse of where digital banking ...

The World Bank has blamed fiscal controls introduced by the Ministry of Finance for significantly delaying implementation of the Greater Accra Resilient and Integrated Development (GARID) Project, one ...

WASHINGTON, July 1 (Reuters) - The World Bank board of directors on Wednesday approved $265 million in financing to support construction of a new pumped hydropower storage ‌plant in Morocco, two days ...

MOODY’S Ratings has revised its outlook for the Philippines’ banking system from stable to negative as it expects elevated inflation, combined with “markedly slower” public investment disbursement ...

WASHINGTON, June 29 (Reuters) - The World Bank Group said on Monday it will "retire" its previous goal ‌to devote 45% of its annual lending resources to projects with climate co-benefits, but extend ...

The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...

Backbase, a global banking technology company providing an AI-native Banking Operating System (Banking OS), has acquired Kasisto, a specialist in agentic artificial intelligence (AI) for banking and ...

While there are reasons to be skeptical about the utility of stablecoins, Congress has nonetheless encouraged their development in the name of innovation, writes Graham Steele. While there are reasons ...

https://www.thehindubusinessline.com/money-and-banking/world-bank-to-abandon-goal-to-devote-45-of-lending-resources-to-climate-change-projects/article71164159.ece ...

John Turley-Ewart is a contributing columnist for The Globe and Mail, a regulatory compliance consultant and a Canadian banking historian. JPMorgan Chase & Co. JPM-N believes in Canada. Last week, the ...

The State Bank of Vietnam (SBV) has issued guidance to commercial banks on lending for a number of major projects proposed by Vingroup, Masterise Airport Infrastructure JSC and Sun Group, providing ...