Wednesday, September 16, 2020
Financial Institution Services

Financial Institution Services

Japanese banks explore common digital currency settlement infrastructure

Japan's three biggest banks are investigating the creation of a digital currency settlement infrastructure. Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking Corporation are joining a study group held...

US regulator signals change to digital banking rules

A US federal banking regulator has called for public feedback on the use of cryptocurrencies ahead of what could be a change in the rules on digital banking. The...

Succession Resource Group Announces Sale of Hawaii Advisory Practice

Succession Resource Group (SRG) is announcing the sale of deceased Hawaii advisor, Mr. Glenn Yabuki's book of business ("Yabuki") to Gail Hamada and Lincoln Koike of Hawaii Wealth and Legacy Planning Group ("HWLPG"). The sale represented over $97 million in assets under management, with all assets successfully retained by...

Citing coronavirus, AIB suspends planned contactless fee

Irish bank AIB says that in light of the Covid-19 outbreak it is suspending its recently announced plan to introduce transaction charges for contactless payments. In a recent letter to customers,...

US Senate castigates Equifax over data breach

US Senate castigates Equifax over data breach Equifax failed to prioritise cybersecurity and left itself open to attack in the lead up to the massive 2017 data breach that compromised...

Mastercard drops Earthport bid; turns attentions to Transfast

Visa appears to have won the bidding war for cross-border payments firm Earthport after rival Mastercard dropped its bid and instead struck a deal to buy another money transfer network, Transfast, for an undisclosed amount.

Wallis State Bank Announces Expansion Plans

In response to an increased demand for services, Wallis State Bank, a Houston-based full-service community bank, has announced an initiative to support the company's anticipated business growth over the long term. Wallis State Bank's expansion...

With SAS Viya, insurers ensure their customers are served

Korea's KB Insurance among the organizations benefiting from SAS Analytics After a car accident or storm damage to your small business, the last thing you want is a slow response from your insurance company. Thanks...

Citizens Holding Company Reports Earnings

Citizens Holding Company (NASDAQ:CIZN) announced today results of operations for the three and nine months ended September 30, 2018. Net income for the three months ended September 30, 2018 of $1.497 million, or $0.31 per...

No Cash, No Pain: What if You Woke Up to No Paper Money?

We might shake our empty wallets but it would do us no good. Yet all is not lost, we still have access to cryptocurrencies. Blockchain-based technology has already ushered in a myriad of cryptocurrencies...

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