Banking

Fed Accelerates FedNow Development for Cross-Border Payments

New consultations aim to enhance international transaction efficiency.Highlights: Federal Reserve seeks input on cross-border payment improvements.FedNow aims to facilitate faster international transactions.Consultation period opens until November 2023.The Federal...

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...
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Tandem Bank: Launches ‘green’ instant access savings acount

Protecting the planet doesn’t have to mean compromised returns with Tandem Bank’s environmentally friendly saving option Tandem Bank launched its new Green Instant...

Bank of America: Sets 2050 net zero goal

Bank of America the marketing name for the global banking and global markets business of Bank of America Corporation Building on Bank of...

Wells Fargo: Announces Pricing of Tender Offers by Its Wholly Owned Subsidiary

Wells Fargo & Company a leading financial services company approximately $1.9 trillion in assets and proudly serves one in three U.S. Announced the...

BNP Paribas: Rolls out BENEtracker

BNP Paribas a top-ranking bank in Europe with an international profile it operates in 71 countries and almost 199 000 employees BNP Paribas' BENEtracker...

Sopra Banking Software: Unveils fintech marketplace

Sopra Banking Software the partner of choice for more than 1,500 financial institutions worldwide Announces the launch of its Marketplace aiming at accelerating...

InfiniGold: Raises $6.25m and rebrands as Trovio

InfiniGold, leading commodity digitization and registry service, incubated out of Australia’s Rozetta Institute The company also rebrands to a new name, Trovio, reflecting...

MCB: Taps Windward’s AI Solution to Optimize Trade Finance

Windward, the Predictive Intelligence company applying AI to transform global maritime trade MCB the longest-standing and leading banking institution in Mauritius Windward’s AI-powered...

Marble: Announced $2.5 million in seed round funding

Marble, the first digital wallet and loyalty platform for insurance announced $2.5 million in seed round funding Investors include IA Capital Group, MS&AD...

Scotiabank: Launches Net Zero Research Fund

Scotiabank established a Net Zero Research Fund to initiate partnerships with leading think tanks The $1 million fund advance research and leadership in support...
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