Tag: financialservices
SWIFT to Build Shared Ledger for Tokenised Asset Transactions
New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The initiative aims to improve transaction efficiency.This...
Eighth Anniversary of Open Banking in the UK: Achievements and Future Directions
Reflecting on the impact of open banking since its inception.Highlights: Open banking UK marks its eighth anniversary this year.Significant growth in fintech innovation has...
Lloyds to Cease Invoice Financing Services According to FT Reports
A significant shift in Lloyds' financial services strategy amid changing market conditions.Highlights: Lloyds Bank plans to shut its invoice financing services.The decision signals a...
Wandhöfer Leads Open Finance Initiative in the UK
A new chapter in the UK's financial landscape with open finance strategies.Highlights: Wandhöfer appointed to lead UK open finance initiative.Aims to enhance collaboration within...
Strengthening Oversight of Card Payment Fees: What It Means for Fintech
Regulatory changes aim to enhance transparency in card transaction costs.Highlights: PSR introduces new measures for card payment fee oversight.Enhanced regulations aim to ensure transparency...
FCA Launches Commercial Scheme for Variable Recurring Payments Management
New regulatory framework aims to streamline payment processing for businesses.Highlights: FCA introduces a commercial scheme for managing variable recurring payments.The scheme aims to improve...