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South Korea sets out measures to promote competition in banking sector

South Korea's financial authorities have introduced new measures to foster competition in the banking sector. The initiatives include allowing more banking players to enter...

BIS names Maha El Dimachki as new head of Singapore innovation hub

Maha El Dimachki has been appointed as the new head of the BIS Innovation Hub Centre in Singapore by the Bank for International Settlements...

BBVA to hire over 2,600 technology experts in 2023

BBVA, the Spanish banking giant, has launched a job portal with the goal of hiring over 2,600 technology professionals by the end of 2023....

CaixaBank launches FXWallets service for international payments

Spain's CaixaBank has launched FXWallets, a virtual account service that enables companies to send and receive international payments in over 50 currency pairs. It...

First Citizens Bank of Iowa and Minnesota moves to the cloud with Finastra

First Citizens Bank of Iowa and Minnesota has extended its partnership with Finastra and migrated its Fusion Phoenix core solution to the cloud, aiming...

BMO Financial Group names Darrel Hackett as new US CEO

BMO Financial Group has appointed Darrel Hackett as its new US CEO, president and CEO of BMO Harris Bank and CEO of BMO Financial...

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