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The Consumer Financial Protection Bureau (CFPB) has proposed an open banking rule (Proposed Rule) requiring certain financial institutions to allow consumers and approved third-party financial service ...

Consumers' growing time spent with mobile and their overwhelming choice of products and providers are driving demand for rebundling in financial services. Super apps are emerging as the solution to ...

When Lehman Brothers crashed in October 2008 and precipitated the financial crisis, some of the world’s biggest banks were put on life support as the contagion spread around the world. In America, ...

The rise of fintech is dramatically reshaping the financial services market. The emergence of new technologies and capabilities has bought about enormous change across the entire landscape, change ...

RBI said it has not taken any step to introduce Islamic window in banks for gradual introduction of Sharia-compliant interest-free banking in India. Islamic or Sharia banking is a finance system based ...

Reserve Bank and the government are exploring introduction of interest-free banking, also known as Islamic Banking, to financially include sections of the society that remains excluded due to ...