Category Banking

Enhanced Security Ranks Highest on Singapore Banking Customers’ Wishlist Amid Growing Fraud Concerns: FIS Survey

Strengthening online security has emerged as the top priority for Singapore banking customers, with a “money lock” feature to prevent unauthorized withdrawals ranking as the most desired innovation. This security measure was preferred over other features like cardless withdrawals and…

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TASI® Bank Partners with Bank of Guam® to Sponsor 30th Annual Pacific Islander Festival in San Diego

TASI® Bank, in partnership with its parent company Bank of Guam®, will join forces to sponsor the 30th Anniversary celebration of the Pacific Islander Festival Association (PIFA), scheduled for Saturday, September 21, and Sunday, September 22, 2024, in San Diego.…

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New Low-Income Apartments Open in Dallas with $750K Grant from FHLB Dallas and Veritex Community Bank

Dallas has unveiled a new affordable apartment complex, Oak Lawn Place, which is both LGBTQIA+-friendly and designed for residents aged 55 and older. This development was made possible by a $750,000 Affordable Housing Program (AHP) grant from the Federal Home…

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İşbank Teams Up with Instabase to Transform Money Order Processing

İşbank, Turkey’s largest privately-owned bank, has announced a partnership with Instabase, an AI platform specializing in extracting insights from unstructured data. Facilitated by İşbank’s subsidiary, Maxitech, this collaboration aims to revolutionize the bank’s money order processing system, a task historically…

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Digital and Traditional Assets Converge, Citi Survey Shows Uptick in Tokenized Deposits

Citi’s latest Securities Services Evolution whitepaper reveals a sharp shift in the use of digital money as distributed ledger technology (DLT) and digital assets become more commercialized. By 2026, 65% of respondents plan to use non-CBDC options like stablecoins, tokenized…

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AlphaPoint Selects Polymesh as Preferred Blockchain for Real-World Asset Tokenization

The Polymesh Association, a leader in real-world asset tokenization and blockchain technology for capital markets, announced its partnership with AlphaPoint, a global provider of digital asset infrastructure for exchanges, brokerages, payment networks, and banking. This collaboration will leverage Polymesh’s blockchain…

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