Discover how national payment systems facilitate secure financial transactions with efficient clearing and settlement, impacting global commerce and economic stability.

The Central Bank of Nigeria (CBN) recently directed banks and non-bank acquirers to implement multi-factor authentication for foreign ...

Until recently, STP has been focused solely on improving transactions processing. While processing transactions without manual intervention and unnecessary delays is a laudable – and profitable aim – ...

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

Traditionally, Core banking Systems are developed using Mainframe technologies which leverages batch processing for multiple banking operations. Batches were developed due to the manual processes and ...

Discover how INET revolutionized MasterCard transactions by integrating with Banknet, enhancing global credit and debit card processing across financial institutions.

In today’s digital-first financial landscape, OCR technology has become a core technology for banking automation, efficiency, and accuracy. From speeding up ...

Commercial International Bank’s (CIB) success reflects a fundamental reimagining of transaction banking in Egypt. Through an ambitious digital transformation strategy, the bank is transitioning from a ...