Hardwood, the project Gunnar Morling kick-started handling of Parquet files in Java, reached version 1. Its multi-threaded approach and zero mandatory external dependencies promise a simpler, more ...

Indonesia's Ministry of Marine Affairs and Fisheries is building a community salt production centre in Pamekasan district, ...

The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...

The Fintech Open Source Foundation announced at the Open Source in Finance Forum in New York that it intends to form the Open ...

Core banking modernization succeeds through phased, API-driven transformation—not risky “rip-and-replace” projects—reducing ...

Kasisto developed one of the first conversational AI chatbots for banks, and the deal brings its technology to Backbase's new ...

Few Japanese businesses are happier to see the back of zero than banks, whose balance-sheets are reviving after three decades of punishing strain. Since the BoJ started raising rates in March 2024 the ...

Financial regulation "cliffs," such as the one imposed by the Durbin Amendment, create terrible incentives. Congress should step in and reform the various measures that rely on such imprecise triggers ...

Three forces – spreads, speed and optimization – are reshaping how banks think about liquidity, and together they mark a shift from passive defense to active balance sheet management. Regulators are ...

Kevin Warsh has made his first two hires after his swearing-in as Federal Reserve chair last month, according to a person familiar with the matter. The two men, Paul Winfree and Daniel Heil, are ...

Indonesia is counting on waste-to-energy plants to tackle its waste crisis, but experts say it’s no substitute for reducing ...

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion ...