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 ...
Retail Banker International on MSNOpinion

From monolith to molecular: Why core banking must evolve

Paul Payne explores why lift-and-shift cloud strategies, modular platforms and microservices failed to resolve core banking ...
A financial systems expert examines rising architectural risks in banking platforms as accelerated digital transformation ...
WASHINGTON — The Office of the Comptroller of the Currency said the banking system remains stable, but faces growing pressures in profitability and credit quality as the economic landscape evolves, ...
HuLoop Automation, a leader in AI-powered work intelligence for community and regional banks, and CSI, a leading provider of end-to-end financial software and technology, today announced they have ...