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Tuesday, May 26, 2020
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SoFi: Acquires Hong Kong stock trading app 8 Securities

SoFi: Acquires Hong Kong and Tokyo-based consumer stock trading app 8 Securities SoFi, the fintech which acquired Galileo for $1.2 billion earlier this month ...

Latest Posts

FCA: Acts to strengthen protections for customers using payment firms

FCA: Acts to strengthen protections for customers using payment firms Launched a consultation on additional guidance for payments firms to strengthen the way in...

PXL Vision: Raises CHF4.6M in Seed Financing

PXL Vision: Raises CHF4.6M in Seed Financing PXL Vision, a Zurich, Switzerland-based artificial intelligence powered identity fraud platform provider, raised CHF4.6M (USD 4.7m) in...

City Chic Collective: Announces staged re-opening of stores

City Chic Collective: Announces staged re-opening of stores City Chic Collective was up more than 14 per cent today after announcing a staged re-opening...

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub Bénédicte Nolens appointed head of Hub Centre in Hong Kong SAR, starting 1...

UAE and Saudi Arabia to launch cross-border payments

UAE and Saudi Arabia to launch cross-border payments on blockchain

  • The Central Bank of the UAE (CBUAE) and the Saudi Arabian Monetary Authority (SAMA) are behind the new initiative
  • The PoC is still at an early stage and will help it gain a deeper understanding of the feasibility of distributed ledger technology (DLT) in this field and explore the potential opportunities and benefits of a digital currency
  • CBUAE and SAMA selected an unnamed tech company to support the implementation of this PoC expected to be complete in the last quarter of 2019
  • The project started with initial knowledge transfer sessions, and is currently in the phase of business and technical requirements gathering
  • Once completed, the outcome of this PoC will determine whether a digital currency could be introduced in normal market operations between the two countries

Latest Posts

FCA: Acts to strengthen protections for customers using payment firms

FCA: Acts to strengthen protections for customers using payment firms Launched a consultation on additional guidance for payments firms to strengthen the way in...

PXL Vision: Raises CHF4.6M in Seed Financing

PXL Vision: Raises CHF4.6M in Seed Financing PXL Vision, a Zurich, Switzerland-based artificial intelligence powered identity fraud platform provider, raised CHF4.6M (USD 4.7m) in...

City Chic Collective: Announces staged re-opening of stores

City Chic Collective: Announces staged re-opening of stores City Chic Collective was up more than 14 per cent today after announcing a staged re-opening...

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub Bénédicte Nolens appointed head of Hub Centre in Hong Kong SAR, starting 1...

Trending Stories

FCA: Acts to strengthen protections for customers using payment firms

FCA: Acts to strengthen protections for customers using payment firms Launched a consultation on additional guidance for payments firms to strengthen the way in...

PXL Vision: Raises CHF4.6M in Seed Financing

PXL Vision: Raises CHF4.6M in Seed Financing PXL Vision, a Zurich, Switzerland-based artificial intelligence powered identity fraud platform provider, raised CHF4.6M (USD 4.7m) in...

City Chic Collective: Announces staged re-opening of stores

City Chic Collective: Announces staged re-opening of stores City Chic Collective was up more than 14 per cent today after announcing a staged re-opening...

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub Bénédicte Nolens appointed head of Hub Centre in Hong Kong SAR, starting 1...

EFAMA: Calls for changes to investor protection rules in the MIFID II MIFIR Review

EFAMA: Calls for changes to investor protection rules in the MIFID II MIFIR Review EFAMA the voice of the European investment management industry represents...

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