Parliament approved the Banking Laws (Amendment) Bill to allow account holders to have up to four nominees and enhance investor protection, with the Rajya Sabha giving its nod to it on Wednesday. The Lok Sabha passed the Bill on December 3 last year. The Bill aims to strengthen governance in the Indian banking sector, besides
2-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com Barclays indicated that the layoffs this summer were being done to “align staffing to current and expected business needs.” In 2024, the British banking firm laid off 70 people in Whippany,
TY-LED GT Capital Holdings, Inc. reported a consolidated net income of P28.8 billion in 2024, down 1.7 percent from P29.3 billion in 2023, due to the absence of non-recurring gains recorded last year. Excluding non-recurring gains, core net income rose 11 percent year on year, largely driven by record earnings generated by its banking and
A digital banking solution designed to empower businesses with seamless financial management tools Cheyenne, Wyoming, March 25, 2025 (GLOBE NEWSWIRE) — Blue Federal Credit Union is excited to announce a groundbreaking partnership with Lumin to introduce Blue Business Banking, a digital banking solution designed to empower businesses with seamless financial management tools. Blue Business Banking
Sabric has warned consumers of the rise in AI-powered banking scams after one South African was scammed out of R6 million. ronniechua / iStock Imagine getting a WhatsApp message from your bank. The logo is spot-on, the language is professional, and the person on the other end sounds exactly like a real bank employee. They
3 By Alenka Grealish, Principal Analyst, Celent In a mere two years, generative artificial intelligence (GenAI) has gone from moonshot to reality. Frontrunners are already pursuing use cases across the banking value chain, ranging from marketing, sales and customer engagement to risk, IT (information technology) and operations. Given its strong potential,
For Bank of America’s Raul Anaya, wildfire relief efforts are now a full-time job Raul Anaya has found his next big project. He’s been tapped by the chief executive of Bank of America to step back from his day-to-day role as national head of business banking, one of eight major lines of business for the
When was the last time you visited a bank branch? Chances are that you will get different answers from Indians. If you are young and tech-savvy, most of your banking requirements are met through digital banking and you have hardly felt the need to visit a bank branch. If you are a senior citizen or in
8 By Salvatore Cantale, Professor of Finance, and Peter Nathanial, Executive in Residence, International Institute for Management Development (IMD) In the evolving financial landscape, banks face the challenge of adapting their business models to not only remain relevant today but also to position themselves as leaders in a future increasingly dominated
The financial services giant Goldman Sachs is telling shareholders that its competitors are now offering crypto products and services that the bank doesn’t. In its 2024 Annual Report, Goldman Sachs says in some circumstances, rival firms are offering products that clients may prefer, such as specific digital assets, which Goldman cannot or choose not to