Business

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...
spot_img

J.P. Morgan: Acquire Aumni, a leading provider of investment analytics software for venture

J.P. Morgan: Acquire Aumni, a leading provider of investment analytics software for ventureJ.P. Morgan has announced its plans to acquire Aumni, a...

Recognise Bank: Unveils expansion plans to transform SME banking in the UK

Recognise Bank: Unveils expansion plans to transform SME banking in the UKRecognise Bank announces ambitious growth plans following a successful £25m cash raise...

Swift: Hails results of blockchain pilot for corporate actions data

Swift: Hails results of blockchain pilot for corporate actions dataSwift has completed a successful blockchain-based corporate actions pilot The pilot involved six securities...

CBUAE: Introduces Innovative “Digital Dirham” Strategy for Central Bank Digital Currency

CBUAE: Introduces Innovative "Digital Dirham" Strategy for Central Bank Digital CurrencyCBUAE has commenced the implementation of its CBDC Strategy as part of its...

UPC: Selects Tietoevry Banking as Open Banking Services Partner

UPC: Selects Tietoevry Banking as Open Banking Services PartnerUPC and Tietoevry Banking announced a partnership to create an Open API Marketplace in Ukraine ...

ID Finance: Raises €30M in Equity Round Led by Kingsway Capital

ID Finance: Raises €30M in Equity Round Led by Kingsway CapitalID Finance secures a €30M investment led by Kingsway Capital, a UK-based asset...

Nomura: Invests in digital asset clearing house ClearToken

Nomura: Invests in digital asset clearing house ClearTokenNomura is a global financial services group with an integrated network spanning over 30 countries and...

FINMA: Provides information about the basis for writing down AT1 capital instruments

FINMA: Provides information about the basis for writing down AT1 capital instrumentsFINMA is Switzerland’s independent financial markets regulator. Its mandate is to supervise...

Encompass: Unveils pKYC maturity model to set benchmark for regulatory compliance

Encompass: Unveils pKYC maturity model to set benchmark for regulatory complianceEncompass enables firms to deliver revenue faster, drive operational efficiency and demonstrate consistent...
spot_img