Banking Finance and Insurance Institute of Nep

Banking, Finance and Insurance Institute of Nepal Ltd. (BFIN) is established under Company Act 2063 on August 14, 2018 (2075 Shrawan 29). The main objectives of this Institute are to offer training, workshop and seminar and enhance the knowledge, skills and capabilities of the

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PAYMENTS

CUSTOMERS BANK COLLABORATES WITH TASSAT TO BUILD A BLOCKCHAIN-BASED B2B PAYMENTS NETWORK TO SATISFY THE NEEDS OF CORPORATE CUSTOMERS

Customers Bank, Tassat | May 22, 2021

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The subsidiary of Customers Bancorp, Inc. a bank holding firm named as Customers Bank joins hands with Tassat, a leading supplier of blockchain solutions for digital payments. They announced today that Customers Bank will use Tassat's proprietary platform TassatPay® Network, which includes real-time B2B payments and convergence between digital and legacy payment rails. The collaboration would result in improved payments capabilities for the bank's company clients as well as low-cost ...

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U.S. REGULATORS PROPOSE REMOVING LIMIT ON BANKS’ OWNERSHIP OF VENTURE CAPITAL FUNDS

The Wall Street Journal | January 30, 2020

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Banks in the U.S. would no longer face limits on ownership stakes in venture capital funds under a proposal put forth on Thursday by regulators including the Federal Reserve. The proposal to remove a 3% cap on such stakes is the latest step to ease a set of regulations known as the Volcker rule, which were enacted after the 2008 crisis in a bid to strengthen the financial system and reduce the chance of taxpayer-funded bailouts....

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ARCESIUM SECURES STRATEGIC INVESTMENT FROM JP MORGAN

Arcesium | January 17, 2020

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Arcesium, an investment management technology and professional services firm, has secured an investment from JP Morgan. The investment deepens Arcesium’s strategic partnership with JP Morgan, including their Securities Services business, a provider of independent fund administration and comprehensive outsourcing solutions to alternative fund managers, asset managers, and asset owners. Terms of the investment were not disclosed. “We appreciate the additional vote of confidence demonst...

Read More

CORE BANKING

LEVERIS TEAMS UP WITH MARQETA TO INTEGRATE MODERN CARD ISSUANCE INTO ITS CORE BANKING NETWORK

Leveris, Marqeta | May 06, 2021

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LEVERIS, a financial technology provider, has announced collaboration with Marqeta, a global card issuance platform, to incorporate its modern card capabilities into the LEVERIS digital banking platform. The collaboration enables LEVERIS to rapidly develop, issue, and roll out new payment and finance services via card products. It will enable banks and non-banks using the LEVERIS platform to give card users more spending power and a better customer experience. The L...

Read More
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PAYMENTS

CUSTOMERS BANK COLLABORATES WITH TASSAT TO BUILD A BLOCKCHAIN-BASED B2B PAYMENTS NETWORK TO SATISFY THE NEEDS OF CORPORATE CUSTOMERS

Customers Bank, Tassat | May 22, 2021

The subsidiary of Customers Bancorp, Inc. a bank holding firm named as Customers Bank joins hands with Tassat, a leading supplier of blockchain solutions for digital payments. They announced today that Customers Bank will use Tassat's proprietary platform TassatPay® Network, which includes real-time B2B payments and convergence between digital and legacy payment rails. The collaboration would result in improved payments capabilities for the bank's company clients as well as low-cost ...

Read More
news image

U.S. REGULATORS PROPOSE REMOVING LIMIT ON BANKS’ OWNERSHIP OF VENTURE CAPITAL FUNDS

The Wall Street Journal | January 30, 2020

Banks in the U.S. would no longer face limits on ownership stakes in venture capital funds under a proposal put forth on Thursday by regulators including the Federal Reserve. The proposal to remove a 3% cap on such stakes is the latest step to ease a set of regulations known as the Volcker rule, which were enacted after the 2008 crisis in a bid to strengthen the financial system and reduce the chance of taxpayer-funded bailouts....

Read More
news image

ARCESIUM SECURES STRATEGIC INVESTMENT FROM JP MORGAN

Arcesium | January 17, 2020

Arcesium, an investment management technology and professional services firm, has secured an investment from JP Morgan. The investment deepens Arcesium’s strategic partnership with JP Morgan, including their Securities Services business, a provider of independent fund administration and comprehensive outsourcing solutions to alternative fund managers, asset managers, and asset owners. Terms of the investment were not disclosed. “We appreciate the additional vote of confidence demonst...

Read More
news image

CORE BANKING

LEVERIS TEAMS UP WITH MARQETA TO INTEGRATE MODERN CARD ISSUANCE INTO ITS CORE BANKING NETWORK

Leveris, Marqeta | May 06, 2021

LEVERIS, a financial technology provider, has announced collaboration with Marqeta, a global card issuance platform, to incorporate its modern card capabilities into the LEVERIS digital banking platform. The collaboration enables LEVERIS to rapidly develop, issue, and roll out new payment and finance services via card products. It will enable banks and non-banks using the LEVERIS platform to give card users more spending power and a better customer experience. The L...

Read More