1. Nostro Account: An account a bank holds with a foreign bank. For instance, a Ukrainian bank may have a Nostro account with a German bank. 2. Vostro Account: An account a foreign bank holds with ...

Here's how banks are using AI to modernize incrementally, preserve institutional knowledge and evolve legacy platforms without full-scale replacement.

Paul Payne explores why lift-and-shift cloud strategies, modular platforms and microservices failed to resolve core banking ...

In the global economy, there is an emerging culture shift where the financial industry is changing at a very rapid speed, and this change is led by the digitization of processes. Individuals require ...

COMMERCIAL banks will commence a targeted outreach in Bartica, Region Seven, as part of the government’s push to integrate small and medium-scale miners into ...