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Tag Archives: banking

Economist fingers banking crisis for cedi fall

Economist, Dr Lord Mensah, has cited the banking sector challenges that culminated in the liquidation of some banks as a factor in the cedi’s current depreciation. He explained that the collapse of seven banks within a two-year period has shaken the confidence depositors who are now resorting to the use of foreign currencies like the dollar as a store of value. ...

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Peppermint Innovation collaborates with BancNet on mobile banking technology and services

Peppermint Innovation Ltd (ASX:PIL) has teamed up with BancNet to provide mobile banking technology and services that facilitate electronic fund transfers in real time to BancNet member outsourcing banks. The multibank, multichannel electronic payments network enables its members’ customers to transact not only at ATMs but also at point-of-sale terminals and on the Internet … Banking Industry News

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European Council, Council Of The European Union – Banking Union: EU Ambassadors Endorse Full Package Of Risk Reduction Measures

The EU will soon have in place a more robust framework to regulate and supervise banks. EU ambassadors today endorsed an agreement reached between the Romanian presidency and the Parliament on a set of revised rules aimed at reducing risks in the EU banking sector. “The risk reduction measures agreed today will ensure that banking sector holds enough capital to lend ...

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European Council, Council Of The European Union – Banking Union: EU Ambassadors Endorse Full Package Of Risk Reduction Measures

The EU will soon have in place a more robust framework to regulate and supervise banks. EU ambassadors today endorsed an agreement reached between the Romanian presidency and the Parliament on a set of revised rules aimed at reducing risks in the EU banking sector. “The risk reduction measures agreed today will ensure that banking sector holds enough capital to lend ...

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5 things JPM Coin will do for banking and blockchain

JPMorgan Chase’s digital currency launch is being hailed by some industry observers as the first step toward broader adoption of blockchain technology in financial services. It’s not the first bank to explore this territory. UBS launched a centralized, private project in 2015 that attracted several other megabanks, including Barclays and HSBC. Other banks have their own initiatives… Blockchain Search Results

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5 things JPM Coin will do for banking and blockchain

JPMorgan Chase’s digital currency launch is being hailed by some industry observers as the first step toward broader adoption of blockchain technology in financial services. It’s not the first bank to explore this territory. UBS launched a centralized, private project in 2015 that attracted several other megabanks, including Barclays and HSBC. Other banks have their own initiatives… Blockchain Search Results

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