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Monthly Archives: May, 2025

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Enhanced Digital Trade Connectivity Between Malaysia and Singapore

Exploring the Collaborative Efforts to Strengthen Trade Relations and Boost Economic GrowthHighlights: Malaysia and Singapore have teamed up to enhance digital trade connectivity.The collaboration...

CFPB’s Decision to Abandon Open Banking Rule: What It Means for Consumers

Exploring the Implications of the CFPB’s Recent Policy Shift on Open Banking RegulationsHighlights: The CFPB has decided to withdraw its proposed open banking rule.This...

Banks Anticipate Losses in Interest Revenue from SEPA Instant Payments

Exploring the Financial Impact of Instant Payments on Banking Revenue StreamsHighlights: Banks expect significant interest revenue losses due to the rapid processing of SEPA...

OpenFX Secures $23 Million to Revolutionize Real-Time Settlement in Cross-Border Payments

Transforming the Future of International Money Transfers with Innovative SolutionsHighlights: OpenFX has successfully raised $23 million in funding.The company aims to enhance real-time settlement...

Industry Groups Urge SEC to Reconsider Cyber Disclosure Rule

Key stakeholders advocate for a more balanced approach to cybersecurity regulations that promote transparency without stifling innovation.Highlights: Industry groups are calling for the SEC...

Charlotte Crosswell Steps Down as CFIT Chair

A Look at the Implications of Leadership Change in Financial Technology SectorHighlights: Charlotte Crosswell has announced her resignation as chair of CFIT.Her leadership has...

Major US Banks Explore Joining Stablecoin Venture

A Collaborative Approach Towards Digital Currency Adoption by Financial InstitutionsHighlights: Top US banks are in discussions to collaborate on a new stablecoin initiative.The move...

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