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 ...

Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of the 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 ...

The National Institute of Standards and Technology issued new encryption standards in 2022 that are expressly designed to withstand quantum computing attacks.

The Federal Reserve's Division of Supervision and Regulation published a memo Tuesday outlining changes to how bank oversight will be carried out, revealing notable rollbacks in how banks will be ...

LONDON, Feb 7 (Reuters) - The shadow banking system makes up 25 to 30 percent of the total financial system, according to the Financial Stability Board (FSB), a regulatory task force for the world's ...

Dustin Fergusson-Vaux does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...