Top US officials have warned Israel that its short term extension of cooperation between Israeli and Palestinian banks will only create more economic turmoil for Palestinians. In a joint statement, US Secretary of State Antony Blinken and Treasury Secretary Janet Yellen said the one month extension approved by Israel would result in another looming crisis [] The post US warns short term Israel banking waiver wont solve Palestinian economic crisis appeared first on Northlines .

A leading artificial intelligence firm focused on the banking sector, Interface.ai, has announced a successful $30 million funding round led by Avataar Venture Partners. $20 million of the capital injection was via equity financing, with the remaining $10 million in the form of debt. This represents the startup's first external investment since launching, having previously [] The post AI startup Interface.ai secures $30 million to advance banking customer support appeared first on Northlines .

Jammu Tawi: Punjab National Bank (PNB), nation's leading public sector bank, has further enhanced its WhatsApp Banking Services by introducing two new features that allow customers to download their account statements and interest certificates directly through WhatsApp. These new features complement PNB's growing suite of non-financial services available through PNB's WhatsApp Banking, which also includes [] The post PNB enhances its WhatsApp Banking Services with New Feature appeared first on N

Srinagar, Aug 9:The Parliament approved the budget of Jammu & Kashmir for 2024-25 with provision of Rs. 1,18,390 crore. While Lok Sabha passed the Appropriation Bill on Tuesday, Rajya Sabha approved it on Wednesday. This budget provides for revenue expenditure of Rs. 81,486 crore and capital expenditure of Rs. 36,904 crore. This outlay surpasses the [] The post Budget approval paves way for fiscal, banking reforms appeared first on Northlines .

Digital banking solutions provider Mercury made headlines earlier this year due to regulatory scrutiny over its account opening practices. Now, the company has updated its eligibility criteria, discontinuing support for founders located in specific countries and regions. Mercury confirmed it recently informed some customers that they could no longer receive services due to address locations [] The post Digital Banking Startup Abruptly Ends Services for Founders in Restricted Countries appeared f

Vivek Shukla The re-election of the Narendra Modi government at the centre has raised hopes for concrete steps to be taken towards making the banking sector more transparent and efficient. In recent years, Indian banks have faced more ups and downs than perhaps any other country's banks. Indian banks have been plagued by numerous scams, [] The post Modi 3.0: Banking sector optimistic about reforms appeared first on Northlines .