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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Euro Banking Association: Welcomes first Premium Ecosystem Partners

EBA a practitioners’ body for banks and other service providers supporting a pan-European vision for payments EBA announced that seven of its existing...

Payfare: Files to list on TSX

Payfare Inc. filed a preliminary prospectus with the securities regulatory authorities in each of the provinces The Offering expected to be made through...

Tandem Bank: Acquires £100 million mortgage book

Tandem Bank pleased to announce the acquisition of Bank and Client’s £100 million mortgage book This transaction disruption-free for the 300 customers who...

Global Payments: Forms partnership with Google

Global Payments Inc. a leading pure-play payments technology company delivering innovative software and services to our customers globally Google Cloud provides organizations with...

Climate First Bank: Selects Finastra software to deliver values based banking

Climate First Bank (I/O) a values-based community bank that will offer a complete, full-service menu of simple Finastra building an open platform that...

OBIE: Launches new tool to help firms prevent and fight fraud

OBIE developed a new online tool to help firms gain additional insight into the maturity of their counter-fraud defences The tool available exclusively...

Bottomline: Acquires TreasuryXpress

Bottomline a leading provider of financial technology that makes complex business payments simple, smart, and secure Unveiled expanded corporate treasury capabilities as part...

NCR: Acquires Terafina to Expand its Digital First Banking Platform

NCR Corporation a leading software- and services-led enterprise provider in the financial, retail, and hospitality industries Announced the acquisition of Terafina, a leading...

Arcane Crypto: Finalises Nasdaq listing

Arcane develops and invests in projects which fill the gaps in the infrastructure for bitcoin and digital assets Vertical Ventures’ business model to...
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