COGNICURRENT

The Macro group has acquired 100% of Banco Sáenz from the Frávega family, aiming to enhance its digital business.

The Bank of Mexico is proposing reforms to enhance electronic transfers, making them more intuitive and accessible for mobile users.

Interest in a digital euro is growing among consumers in Finland, with around 29% ready to adopt it for payments according to a recent survey.

Customers from different banks reported instability on the PIX payment platform on Wednesday.

The Swedish central bank has recommended that households hold cash for emergencies, amidst a trend of decreased cash usage in the country.

Sweden's central bank recommends citizens keep cash at home despite the country's push towards a cashless economy, highlighting concerns over reliance on digital payments during emergencies.

A retired bank manager in Noida has lost 1.29 crore rupees in a cyber fraud involving a fake digital arrest and courtroom appearance orchestrated by scammers.

The Bank of Korea has officially launched Phase 2 of the Han River Project to establish a digital currency system and commercialize deposit tokens.

The Digital Land Bank has begun pilot operations in Greece, allowing property owners to transfer their building rights to other properties.

The Digital Land Bank begins pilot operations today, initiating the transfer process of building factors through a modern digital system.

All bank branches in Argentina will be closed for two days in March due to a public holiday and national commemoration.

Customers of OP Pohjola are experiencing delays in incoming and outgoing transactions, as stated by the bank.

The World Bank has approved a $137 million initiative to enhance digital jobs and skills in Liberia, Sierra Leone, and Benin, aiming to strengthen the digital economy in these countries.

The Faria Lima Metro station in São Paulo has been renamed Faria Lima PagBank following a naming rights agreement with the digital bank PagBank.

Virtual criminals are using fake apps that mimic well-known services like INSS, FGC, and Starlink to deceive Brazilians and steal banking data directly from their smartphones.

Sweden's central bank has advised citizens to keep cash at home amid concerns over potential payment system crises.

The Brazilian Federal Police launched Operation Serras Gerais III to dismantle the financial nucleus of a criminal organization using a clandestine digital bank for money laundering related to drug trafficking.

Cyber fraud incidents in India are rising rapidly, with criminals stealing approximately ₹3.8 billion from people's bank accounts every day.

Inter Miami's new stadium has been officially named Nu Stadium as part of a partnership with the Brazilian digital bank Nu, which is aiming to expand into the U.S.

Ualá, an Argentine digital bank, has secured US$195 million in funding, raising its valuation to US$3.2 billion and enabling it to expand its services across Latin America.

LHV Bank is undergoing leadership changes with Erki Kilu set to replace Kadri Kiisel, reflecting a shift towards competition with digital platforms rather than traditional banks.

The Central Bank of Argentina has introduced the Cobro con Transferencia (CCT), a new system aimed at making installment payments cheaper and more efficient for consumers.

The president of BRB (Banco de Brasília) expressed confidence in the digital bank of Flamengo as a business opportunity to generate revenue, addressing the deputies of the Federal District.

A suspect involved in running a digital bank linked to organized crime in Brazil has been arrested in Tocantins.

Argentina's Central Bank has introduced a new installment payment mechanism for digital wallets to enhance competition with banks in personal financing.

Lloyds Bank will no longer allow the opening of certain accounts in branches, pushing customers to use its digital platform instead.

Colombian bank Bancolombia has publicly apologized to its clients for failures in its digital and transactional services, ensuring it is working on stabilizing its systems.

European Central Bank President Christine Lagarde stated that artificial intelligence has not yet led to massive layoffs in the Eurozone, while also emphasizing the importance of completing projects like the digital euro during her term.

Nigeria has received a $100 million investment from the European Bank for Reconstruction and Development to support the nationwide connectivity initiative, Project Bridge.

The European Central Bank plans to launch a controversial digital Euro by 2029, amidst diverse opinions and the support from unexpected political figures.

This article provides essential advice on securing bank accounts against increasing digital banking fraud.

Lobatse Town Council has launched an app in partnership with First National Bank to improve the efficiency of rate collections from property owners.

The Reserve Bank of India (RBI) has mandated banks to eliminate misleading practices from their apps to enhance transparency in digital banking by 2026.

The African Development Bank and UNDP have launched the AI 10 Billion Initiative to enhance AI adoption and digital economic growth in Africa.

Eswatini's Ministry of Health is digitizing community health services with the introduction of an electronic reporting system to improve efficiency and data accuracy.

São Paulo Police are conducting an operation against a criminal organization involved in digital fraud and money laundering, blocking 86 bank accounts that could total R$ 100 million.

US sanctions are pushing the European Central Bank to expedite the development of a digital euro to avoid dependence on foreign payment systems.

Hana Bank has launched a new service called 'Digital 9 PM Lounge' that allows banking operations until 9 PM on weekdays, catering mainly to working professionals and small business owners.

The Spanish digital bank BBVA plans to launch a credit card for its German customers ahead of the summer travel season, expanding its services to compete with other neobanks.

The introduction of the digital euro could cost European banks between 4 and 6 billion euros over four years, according to a European Central Bank official.

Plata has received authorization from the CNBV to begin operations as a Multiple Banking Institution in Mexico after a three-year regulatory process.

Plata has been authorized by the CNBV to operate in the Mexican banking sector, marking a significant advancement in digital banking.

A study shows that customers with checking accounts at local banks in rural areas of Germany often pay higher fees than those in urban areas, particularly for digital payments.

François Villeroy de Galhau, Governor of the Bank of France, asserted that cash will always be available in France despite its declining usage.

Concerns regarding data privacy and security are hindering Nigeria's efforts to increase financial inclusion despite significant investments in digital infrastructure.

Private banks in Ecuador will provide limited services during the carnival holiday, ensuring customers can perform various transactions via ATMs, non-bank correspondents, and digital banking.

The article discusses the European Central Bank's (ECB) overreach into areas beyond its mandate, warning that this could have dangerous implications as inflation stabilizes.

The Credit Guarantee Fund (FGC) has announced an advance payment of guarantees to Will Bank creditors with up to R$ 1,000, allowing around 6 million clients to receive their funds through the bank's app.

Service providers from one of Brazil's largest digital influence agencies, Mynd, negotiated social media posts that favored São Paulo Governor Tarcísio de Freitas and criticized the Central Bank.

The United Bank for Africa has launched a new Aggregator Sales Structure to enhance its Agency Banking Network and promote financial inclusion in Nigeria.