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Temenos solution supports the rapid addition of new payment rails and payment types, helping banks to stay ahead of market changes and grow profitable cross-border payment servicesGENEVA, Switzerland, Oct. 11, 2023 (GLOBE NEWSWIRE) Temenos (SIX: TEMN) has demonstrated how its cloud-native Correspondent Banking solution supports the rapid addition of new alternative payment rails and payment types using payment adaptors and an extensive set of APIs. This helps banks and payment service provide
China's central bank has asked some domestic banks to scale back their outward investments through the Bond Connect scheme, two sources with direct knowledge of the matter said. The window guidance from the People's Bank of China (PBOC)seems to be aimed at containing yuan outflows into Hong Kong, and thus ensuring less supply of yuan in offshore markets, the sources said. The southbound leg of the two-year-old Bond Connect scheme allows mainland institutional investors to purchase bonds traded in Hong Kong.
(Bloomberg) Borrowing activity in the federal funds market is signaling that stress in the US banking system hasn’t fully gone away.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27BOJ Sends Yields Soaring With Surprise Change to Rate LimitSubway Offers Free Sandwiches That Come With a Lifetime CommitmentChina’s Push to Expand BRICS Membership FaltersWall Street Rekindles Risk-On ‘Goldilocks’ Trade: Markets WrapAlthough a decline in total volume suggests the overall
Domestic Indian banks, which have fast tracked their efforts to enhance their digital capabilities, are luring top-notch tech talent from leading new age companies and global firms, said senior company officials and search experts.