Since the launch of open banking, it has been positioned as a transformative force in people’s lives. It has the power to fundamentally change how people interact with their finances and the ...

Open Banking has moved beyond concept—it’s now a catalyst driving real transformation in financial services. By enabling secure, permissioned data sharing between financial institutions and ...

Minors will still be able to open accounts through their legal or natural guardians. The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and ...

Minors can also be allowed to open such accounts with their mother as the guardian. The central bank mentioned that minors aged 10 years and above may be permitted to open and operate savings/term ...

Today’s open banking direct data connections can provide reliable and secure access to the critical data necessary to maximize positive client outcomes and provide enhanced back-office efficiencies.

The inquiry has exposed a scheme targeting job applicants, using their documents to open bank accounts for illegal transactions. A police officer said dozens of people likely had their documents ...

RBI has taken a big decision regarding children's bank accounts! Now children above 10 years of age can open and operate their own bank account. Facilities like Debit Card, Net Banking and ATM can ...

Transaction accounts are a vital foundation for people to take part in the modern economy,” says Governor of the Reserve Bank of New Zealand, Christian Hawkesby. "For over a decade, lines ...

Business banking can be a great step if you want to separate your business and personal finances. You'll need a business license and business documentation to open a business bank account.

Capital One is the ninth-largest bank in the U.S. with some $479 billion in assets and issues credit cards through Visa and Mastercard’s payment networks. With the acquisition of Discover ...