US Federal Reserve Moves To Ease Bank Capital

The US Federal Reserve is preparing to loosen capital requirements for large banks, signalling a shift in regulatory policy that could alter how major lenders manage their balance sheets and deploy capital.

Bank app glitch exposes customer account data

Customers of three major UK banks briefly gained access to other people’s financial information through mobile banking applications, raising concerns about data security in digital banking services. Users of Lloyds, Halifax and

Open banking expansion promises major UK gains

Wider adoption of open banking could generate up to £43bn in annual economic benefits for the UK, according to new research published as regulators assess how the technology should be governed in

US Banks Challenge Crypto Licensing Framework

Leading US banks are considering legal action against federal regulators over new licensing rules that could allow cryptocurrency and fintech companies to operate within the national banking system under lighter regulatory oversight.

Canadian Regulator Scrutinises Condo Mortgage Appraisals

Canada’s banking regulator has raised concerns with major lenders over mortgage appraisal practices linked to condominium purchases, highlighting potential risks to financial stability as the country’s housing market faces a prolonged price

Foreign Banks Confront India’s Entry Terms

Foreign banks are discovering that India’s appeal as a banking market is matched by a regulatory framework that limits how easily overseas capital can take root. The country’s nearly $4tn economy remains

Revolut Seeks US Bank Licence For Expansion

London-based fintech company Revolut has applied for a United States banking licence as part of its strategy to expand operations in the world’s largest financial market. The digital banking group submitted an

Banks Push Digital Wallets Beyond Payment Cards

Royal Bank of Canada is expanding its payments strategy by developing systems that allow consumers to pay directly from their bank accounts, reflecting a broader shift toward digital wallet functionality within traditional

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