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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BMO Financial Group: Joins the Partnership for Carbon Accounting Financials

BMO a highly diversified financial services provider the 8th largest bank, by assets, in North America BMO Financial Group announced it has joined...

Santander CIB: Forms dedicated digital solutions team

Santander CIB announced the creation of a dedicated team to boost its offering in the area of Digital Solutions This new global team,...

Tecnotree: Rolls out digital wallet platform

Tecnotree, a global provider of business support systems for the telecom industry launched Tecnotree Spark, an “intelligent wallet” Tecnotree Spark a payment platform...

Virgin Money: Adds Codat to team of technology partners

Virgin Money added leading FinTech, Codat, to its growing team of technology partners as it strengthens its digital business banking credentials London-headquartered Codat’s...

Dudley Building Society: Goes digital with ieDigital

Dudley Building Society use ieDigital’s Interact online solution to help its members manage savings Dudley Building Society partnered with financial services technology specialist...

Dutch central bank: Grants ibanXS PSD2 license

Dutch Central Bank (DNB) granted ibanXS, the first pan-European PSD2 Open Banking platform in the Netherlands, a PSD2 license ibanXS the fully operational...

Monevo: Appoints Lee Stretton as chief innovation officer

Monevo, Europe’s largest personal credit platform & API announced the appointment of Lee Stretton as Chief Innovation Officer Based at Monevo’s headquarters in...

Mastercard: Launches Global Cyber Forward programm in Dubai

Mastercard launched its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC) Leading global financial center and largest fintech hub...

Bank of England: Convenes members of the public

Bank of England convenes members of the public and businesses to join the climate change debate Businesses and citizens from across the UK...
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