MediaNama’s take: As per studies, only 25% of India’s rural population engages with formal banking, in contrast to 70% in the US and 60% in China. This arises from factors like a lack of reliable access to smartphones, the internet, or low digital literacy. Through its new directions, the Reserve Bank of India (RBI) takes
~ New upgraded platform strengthens security, streamlines card management, and offers personalized interface across all devices ~ TROY, Mich., July 22, 2025–(BUSINESS WIRE)–Cross Valley Federal Credit Union (‘Cross Valley’) has enhanced its digital banking platform with Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions. The rollout modernizes Cross Valley’s
How Infrastructure-First Thinking Could Inform Banking Resilience LOS ANGELES, CA / ACCESS Newswire / July 9, 2025 / As the banking sector shows renewed stability in 2025-with only one bank failure compared to the dramatic collapses of Silicon Valley Bank, First Republic, and Signature Bank in 2023-industry observers continue analyzing what went wrong and how
SAN RAMON, Calif., July 9, 2025 /PRNewswire/ — Leading cloud-native digital banking provider, Lumin Digital, today announced it has been selected by Frankfort, KY-based Commonwealth Credit Union as its new digital banking provider. Lumin Digital (PRNewsfoto/Lumin Digital) Commonwealth Credit Union sought a digital banking provider that would deliver a distinctive experience for its members. Lumin
Aurionpro Solutions on Wednesday announced that it has signed a major deal to deliver its cutting-edge, comprehensive digital banking solution to a leading bank in Africa. In a regulatory filing, the company said that the deal marks Aurionpro’s first major win for its digital banking software in the region. The multi-million-dollar deal includes licensing and
~ New partnership delivers a more accessible, secure, and personalized digital banking experience for credit union members ~ TROY, Mich., July 08, 2025–(BUSINESS WIRE)–Firelands Federal Credit Union (‘Firelands’) has chosen Mahalo Banking as its new digital banking partner, enabling the credit union to provide a modernized, community-focused digital experience for its members. After a thorough
Gunjan Kedia wondered why her interviewer was asking for her feelings about penguins. She’d just arrived from New Delhi to Pittsburgh for business school and hadn’t yet learned the name of her new city’s beloved ice hockey team. It didn’t take long for her to get the lay of the land and begin rising through
PNN Advertisement Mumbai (Maharashtra) [India], June 27: Keshav Mishra, a veteran in digital banking and payments, has joined UNLEASH Capital Partners as an advisor. With over two decades of experience across banking, fintech, financial services, and financial inclusion, Mishra brings deep domain expertise and leadership in digital transformation. He was most recently Chief Digital Officer
And the government of Prime Minister Mark Carney did not table a spring budget, which it normally would use to outline its legislative priorities. Natacha Boudrias, leader of the National Bank of Canada’s open banking strategy, said the industry lacks “clarity” on the future shape of consumer-driven banking. She said the spring election likely stalled
In today’s interconnected world, businesses are no longer confined by geographical boundaries. Companies of all sizes—from startups to multinational corporations—are expanding across borders to reach new markets. However, traditional banking systems often pose barriers, including slow transaction speeds, high fees, and complex international banking requirements. This is where digital banking has emerged as a game-changer,