US regulators shutter New York’s Signature Bank following SVB collapse

March 13, 2023

Category: Regulations

In a joint statement, Treasury secretary Janet Yellen, Federal Reserve board chair Jerome Powell, and Federal Deposit Insurance Corporation (FDIC) chair Martin Gruenberg outlined how they are taking “decisive action” to strengthen confidence in the banking system. As well as […]

How Bankers Can Take Advantage of AI

February 22, 2023

Among the biggest stories in tech remains the astonishing advancement in artificial intelligence, or AI, over the past several months. While AI has been evolving for a very long time, its latest iterations and implementations have reshaped how people think […]

Global fintech investment drops 31% in 2022 from record 2021 high

February 16, 2023

Despite the drop, it was still the third-best year for fintech investment ever and the second-best year for deal volume. Global fintech investment dropped by more than 50% in H2 2022 compared to H1 2022, from $119.2 billion to $44.9 […]


Philippines’ Security Bank taps ACI Worldwide to modernise payments

March 10, 2023

Via: FinTech Futures

Security Bank will deploy ACI’s enterprise payments platform to modernise its payments infrastructure and provide personalised banking, as part of its digitalisation strategy. The “flexible” cloud-native real-time payment architecture means Security Bank can provide existing and incoming payment types for […]