August 12, 2025

Banking

Banking

5 high-ROI uses of RAG models in banking and fintech: By John Adam

General purpose AI tools like ChatGPT often require extensive training and fine-tuning to create reliably high-quality output for specialist and domain-specific tasks.   And public models’ scopes are simultaneously limited to and diluted by training materials. Output is based on their range of unidentified training material so it may diverge from output that needs to

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Banking

Talita von Fürstenberg is engaged! The ultimate society it girl announces she is tying the knot with her banking scion beau

Talita von Füstenberg, daughter of Princess Alexandra and Prince Alexander von Fürstenberg, has announced her engagement to Rocco Brignone de Brabant Instagram @tvf Congratulations are in order for Talita von Fürstenberg, as the ultimate society princess has announced her engagement to her Italian banking scion boyfriend, Rocco Brignone de Brabant. The granddaughter of legendary fashion

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Banking

One click can wipe out your entire savings: Rise of counterfeit banking apps and how to stay safe | Technology News

Two weeks ago, a man from Kerala’s Nedumbassery received a message on his phone. It appeared to be from his bank, a routine SMS with a link for a mobile banking update. He had recently withdrawn Rs 4 lakh from his Provident Fund to cover two major expenses: his wife’s upcoming delivery and the construction

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Banking

Empowering women, transforming rural economy: Bank Asia’s agent banking, a bank within a bank

Bank Asia’s Agent Banking network bridges the gap between formal banking and remote rural populations, empowering women and marginalized groups with accessible financial services and fostering sustainable community development Sohail R K Hussain 31 July, 2025, 11:40 am Last modified: 01 August, 2025, 09:57 am Sohail R K Hussain, Managing Director, Bank Asia PLC. Sketch:

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Banking

Truist Strengthens Commercial Banking and Wealth Management Teams in Florida – MonitorDaily

Truist Financial added new leadership into its commercial banking team in Florida and six new Truist Wealth advisors. The appointments are aimed at executing its strategic growth initiatives, which include deepening and expanding client relationships in areas such as wealth, payments and middle market and commercial banking. Scott Cathcart was named regional president of Florida,

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Banking

FSS’s Bid to Redefine Digital Banking

As digital disruption transforms global banking, Financial Software and Systems (FSS) is determined to play the long game—reshaping not just technology stacks, but the very DNA of financial institutions. Vaidyanathan Venkataraman, Head – Global Digital Delivery, FSS, who brings over 35 years of deep BFSI expertise to the table in an exclusive interview with CiOL, talks about

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Banking

Consumer Financial Protection Bureau to Rewrite Open Banking Rule

On July 29, the U.S. District Court for the Eastern District of Kentucky granted the CFPB’s request to stay litigation challenging its open banking rule. The rule (previously discussed here) aimed to establish industry-wide standards for data access and sharing between banks, fintechs, and consumers. The Bureau stated that it intends to revise the rule through an accelerated rulemaking process. Finalized in October

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Banking

‘Naked Gun’ And Its Studio Are Both Banking On A Reboot

The fourth reboot of The Naked Gun arrives this week from Paramount Global, its distributor, which is also heralding its own massive reboot — a study in contrasts. The three Naked Gun films over 40 years hilariously chronicled a litany of organizational debacles, the last even subtitled “Final Insult.” But in unveiling his $8 billion

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Banking

Both ‘The Naked Gun’ And Its Studio Are Banking On The Promise Of Reboots

The Naked Gun reboot arrives this week from Paramount Global, its distributor, which is also heralding its own massive reboot — a study in contrasts. The three Naked Gun films over nearly 40 years hilariously chronicled a litany of organizational debacles, the last even subtitled “The Final Insult.” But in unveiling his $8 billion takeover,

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Banking

BRAC Bank agent banking connects underserved communities to formal finance

Through innovation and outreach, BRAC Bank is ensuring financial services reach those who need them most, fostering progress at the grassroots Tareq Refat Ullah Khan 31 July, 2025, 11:25 am Last modified: 31 July, 2025, 01:08 pm Sketch: TBS “> Sketch: TBS I take great pride in reflecting on BRAC Bank’s journey with Agent Banking,

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