Business
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
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
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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...

