Fedwire Funds Service ISO 20022 Migration Delayed Until July
Federal Reserve Postpones ISO 20022 Implementation to Ensure Industry Readiness
HighlightsFederal Reserve delays ISO 20022 migration for Fedwire Funds Service from March to July.
...
India Introduces Exclusive Domains for Banks
RBI Mandates 'bank.in' Domain for Enhanced Cybersecurity
Highlights:'bank.in' Domain: All Indian banks must use 'bank.in' starting April 2025.
'fin.in' for Non-Banks: Non-banking financial entities...
FCA Intensifies Crackdown on Misleading Financial Promotions
Financial Watchdog Takes Stronger Action Against Deceptive Ads
Highlights:20,000 Ads Withdrawn or Amended: Nearly double the amount from 2023.
Focus on Vulnerable Consumers: Many...
Paysafe Considers Sale Amid Takeover Interest – Bloomberg
Paysafe explores options with financial advisors after receiving takeover interest
Highlights:Takeover Interest: Paysafe is exploring a sale after receiving interest from potential buyers.
Market...
Wells Fargo Expands Its Commercial Banking Transformation with Q2 to Drive Collaboration Across Teams
Wells Fargo partners with Q2 Holdings to enhance commercial banking services and efficiency
Highlights:Enhanced Collaboration: The new platform improves collaboration across commercial banking teams.
...
AdviserSoftware and InterGen Data Uncover Key Risks of DeepSeek
AI Experts Identify Legal, Privacy, and Compliance Risks for Financial Advisers Using DeepSeek
Highlights:Legal Costs Liability: Users must reimburse DeepSeek for legal fees and...
BMO Joins IBM Quantum Network
Canadian bank partners with IBM to leverage quantum computing for financial innovation.Highlights:First Canadian Bank: BMO is the first Canadian bank to join the...
Standard Chartered Launches AI-Powered FX Insight Videos
Innovative AI-driven videos provide real-time FX market insights to clients.Highlights:Industry-First Initiative: Standard Chartered has launched an industry-first AI-powered video column called "Wealth Management...
UK Neobanks Gain Market Share from Traditional Banks
Digital-only financial providers are increasingly capturing market share from traditional high street banks in the UK.Highlights:Market Growth: Neobanks like Monzo, Starling, and Revolut...
