5-year backing supports refinancing of a $500m WB loan for grid-connected solar system Solar energy provides clean energy and reduce greenhouse gas emissions by displacing more expensive and ...

In November, Standard Bank became the first African bank to integrate directly with China’s Cross-Border Interbank Payment System (CIPS). It means the bank can send and receive money to and from China ...

The World Bank Group Sanctions System Data Companion, prepared in partnership with the Office of Suspension and Debarment (OSD), presents key data on individuals and entities sanctioned by the World ...

(RTTNews) - Community Financial System, Inc. (CBU), a bank holding company for Community Bank, N.A, Thursday announced that it has agreed to acquire ClearPoint Federal Bank & Trust for $40 million in ...

The Senate Banking Committee will hold a meeting Thursday to mark up crypto legislation that further fulfills many of President Donald Trump’s promises to his crypto billionaire friends. In racing to ...

Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That ...

Stablecoin issuers and distributors offering customers access to stablecoin yield may essentially be creating their own parallel ecosystem to bank operations, global bank JPMorgan's chief financial ...

Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation. Stablecoins emerged as a topic during ...

Bank of America Chairman and CEO Brian Moynihan said last week that, as President Trump searches for a new chair of the Federal Reserve, maintaining the banking system's independence is paramount. The ...

Crypto policy is shifting from talk to implementation as the OCC, FDIC and Federal Reserve begin to sketch a regulatory perimeter for stablecoins and tokenized deposits in the U.S., Bank of America ...

Norway rules that a digital krone is unnecessary for now, highlighting its strong payment rails and the uncertain benefits of both retail and wholesale CBDCs. Norges Bank, the central bank of Norway, ...