23, Apr, 2019
TCS, Israel’s Finance Ministry join hands to build affordable technology for small banks

banks

Tata Consultancy Services(TCS) has partnered with Israel’s Finance Ministry to make technology affordable for small banks in the country, according to a report in The Economic Times. “In India, we created a core banking platform and have taken it to other markets. Having developed the first one, the Ministry of Finance wanted us to […]

Small banks that rely on technology providers Fiserv, FIS and Jack Henry & Associates are starting to revolt, arguing the companies are making it more difficult for them to compete against larger banks. According to a report in The Wall Street Journal citing executives at some of the small banks across the country, the executives argue the […]

Reserve Bank of India (RBI) Governor Shaktikanta Das will hold a meeting with heads of Small Finance Banks on March 15 to discuss their participation in priority sector lending and financial inclusion. “Small Finance Banks have an important role in promoting financial inclusion and priority sector lending,” RBI Governor Shaktikanta […]

AP Alexandria Ocasio-Cortez Freshman U.S. Rep. Alexandria Ocasio-Cortez is almost certain now to be seated on a powerful committee that will oversee Wall Street and the rest of the banking industry. The firebrand New York Democrat needs just a rubber stamp vote to get named to the House Financial Services […]