Banco de Crédito del Perú (BCP) has embarked on a massive technological leap by planning a $650 million investment in cloud modernization over the next five years. This strategic move involves partnering with tech giants Microsoft and Kyndryl to overhaul BCP’s internal systems using hybrid cloud tec
November 12, 2024In a significant move to bolster its presence across the United States, PNC Bank has announced a massive $500 million investment aimed at expanding its branch network in key urban markets. This remarkable initiative will further solidify PNC’s footprint in important cities such as Orlando, Atlanta,
November 12, 2024The recent deployment of Mahalo Banking's Thoughtful Banking platform by two US credit unions marks a significant enhancement in their digital banking services. Rocky Mountain Credit Union (RMCU), serving approximately 25,000 members in Montana, and UnitedOne Credit Union, catering to 20,000
November 11, 2024In a significant move to enhance its cross-border payment services, Standard Chartered, one of the world's leading banking groups, has partnered with Wise, a global powerhouse in money transfers known for its cutting-edge payments infrastructure. This collaboration aims to upgrade Standard
November 11, 2024Banking-as-a-Service (BaaS) is undergoing a significant transformation, entering what industry insiders are calling a "responsible era." Over the past two years, the sector has experienced a dramatic decline in investor interest, falling from $1.9 billion in investments in 2021 to merely
November 6, 2024The global financial landscape is undergoing a seismic shift as real-time payments gain traction, catalyzed by advancements in technology, evolving regulatory frameworks, and increasing consumer expectations for immediacy. Across continents, nations are implementing robust real-time payment systems
November 6, 2024