The improved liquidity conditions in banking system has slowed down the overall interbank cash market (IBCM) interest rate ...

Indian banks' net interest margins (NIMs) will likely decline by 10 basis points on average in 2025-26 due to the Reserve ...

Thailand will initiate the search for a new central bank governor as Sethaput Suthiwartnarueput nears the end of his term in ...

Financial services company Virgin Money was forced to apologize after its AI-powered chatbot threatened to cut off bank customers who use the word "virgin." ...

While customer data has long been banking's most valuable asset, the real competitive advantage comes from converting data ...

Virgin Money has apologized to a customer who was scolded by one of the bank’s chatbots after it appeared to confuse its own company’s name for an insult.

As artificial intelligence (AI) continues to shape industries worldwide, its role in banking has quietly evolved behind the ...

Financial services company Virgin Money was forced to apologize after its AI-powered chatbot threatened to cut off bank customers who use the word "virgin." This is a representational image.

The country’s biggest bank has entered a five-year collaboration with Amazon Web Services (AWS), which it said marks the next ...

In June 2023 the central bank had issued a notice to remind the public that in August 2007 and December 2017 the government had issued notices prohibiting domestic payments for goods and services ...

Manager of International Economics and the Real Sector at BoT, Villela Waane, said yesterday that once the drafting process ...