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Lloyds Bank launches Paperless Guarantee solution to digitise trade finance

Lloyds Bank introduces a Paperless Guarantee solution to support businesses in digitalizing bank guarantees and improving trade efficiency while reducing paper usage. FactsLloyds Bank...

PSP NomadRem taps regtech iDenfy for ID verification and AML screening

Summary NomadRem has partnered with iDenfy, a regtech start-up, to enhance its customer onboarding processes, deploying identity verification and anti-money laundering (AML) solutions. This collaboration...

UK’s ClearBank plots international expansion with four new board appointments

ClearBank Group Holdings appoints four new non-executive directors to drive international expansion and boost growth. FactsPeter Herbert, current Chair of Bank of Ireland, becomes...

Aeropay teams up with UBank for in-game payments innovation

Paytech start-up Aeropay partners with Texas-based UBank to simplify in-game payments and enhance compliance in the gaming industry. FactsAeropay, a Chicago-based paytech start-up, has...

UBS taps Broadridge for sponsored repo solution

UBS has implemented Broadridge's sponsored repo solution to digitize its sponsored repo trade flows, leveraging distributed ledger technology (DLT) and smart contracts for cost...

Project Mariana successfully completes cross-border settlement of wholesale CBDCs

Project Mariana successfully tested cross-border settlement capabilities of wholesale central bank digital currencies (wCBDCs) across major global markets. FactsProject Mariana, initiated in November 2022,...

Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service

Bahrain-based Bank ABC is partnering with JP Morgan and the Central Bank of Bahrain (CBB) to introduce a blockchain-based cross-border payment service, aiming to...

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