MANILA, Philippines — The Bankers Association of the Philippines (BAP) has partnered with the Bankers Institute of the Philippines (BAIPHIL) to provide educational courses, enhancing the capability of the industry’s workforce. BAP president Jose Teodoro “TG” Limcaoco and BAIPHIL president Iñigo Regalado III led the signing of the memorandum of understanding (MOU) to upskill the
The State Bank of India Circle Based Officer (SBI CBO) Exam 2025 places significant emphasis on a candidate’s awareness of banking knowledge, including commonly used abbreviations and industry-specific terminologies. This section is not just crucial for scoring well in the objective test but also plays an important role during the interview and descriptive paper, where
Brendan Greeley’s piece on Federal Reserve profits (“Fed losses matter more in these unusual times”, On Wall Street, May 24) misapplies commercial banking logic to a sovereign monetary authority. The Fed isn’t a bank — not even a “special” one. Unlike private banks, the Fed faces no solvency constraints. It cannot run out of dollars,
On May 23, the CFPB notified a Kentucky federal court that it now considers its own 2023 open banking rule “unlawful” and plans to set the rule aside. The Bureau announced its intent to seek summary judgement against the rule, which was issued under Section 1033 of the Dodd-Frank Act to promote consumer-authorized data sharing
TULSA, OKLA. (KTUL) — William Shane Garrow, a former Senior Vice President of Private Banking, was sentenced today by U.S. District Judge Gregory K. Frizzell to 71 months in prison for bank fraud and willfully making and subscribing a false federal income tax return. Garrow, 49, of Tulsa, was also ordered to pay restitution totaling
Discover® Cashback Debit Checking The most notable feature of the Discover checking account is its 1% cash back on up to $3,000 in debit card purchases each month. See website for details. This means you could earn up to $30 in cash back each month if you hit the $3,000 monthly spending cap. Not bad,
India’s banking ecosystem stands at a critical inflection point. What began as a national mission to expand financial access has now matured into a comprehensive digital transformation. Biometric authentication, real-time payments, and mobile-first platforms define how millions interact with financial services—especially younger, mobile-native demographics. Yet beneath this momentum lies an equally important imperative: ensuring that
LONDON (AP) — The British government sold its remaining shares in NatWest bank, which it bailed out during the 2008 financial crisis, at a taxpayer cost of 10.5 billion pounds ($14.1 billion), the Treasury said Friday. Royal Bank of Scotland — as it was known then — was on the edge of collapse following years
Here’s what you need to know about the accounts offered by CIT Bank, including checking, savings, CDs and money market accounts. Interest on accounts is compounded daily and credited monthly. Checking CIT Bank eChecking CIT Bank offers one online checking account option: the CIT Bank eChecking account. This account requires a minimum opening deposit of
Customer satisfaction with banking and credit card digital platforms is at an all-time high, but apps and websites are becoming indistinguishable. Multifactor authentication has emerged as a surprise driver of satisfaction, while virtual assistants lag behind user expectations. J.D. Power’s 2025 rankings highlight Bank of America, Capital One, and American Express as top digital performers.