Banks function in a digital economy where threats are constantly rising – there were twice as many unique cyber incidents in the third quarter of 2023 compared to the previous year. Building guardrails for banking customer data across a customer’s journey has gained paramount importance – from customer acquisition, as well as through customer engagement, … Read more
Money’s Main Takeaways Home equity sharing could be a good option for homeowners who want to take advantage of the equity they’ve gained without taking out a new loan or having to make monthly payments. Equity-sharing agreements mean you receive a lump sum payment of part of your equity from an investor in exchange for … Read more
The Reserve Bank of India (RBI) joined Project Nexus, which aims to create a multilateral cross-border instant payment system (IPS) by 2026. Conceptualized in 2022 by the Bank for International Settlements (BIS), Project Nexus was the first project in the payments sector from its innovation hub. Though RBI has collaborated with seven countries to link … Read more