/inclusion
A new cross-border payments infrastructure will enable remittances between the US and Mexico via 140 community banks in rural areas.
01 August 2024
/regulation
The Bank of England and the BIS Innovation Hub have developed a system that gives supervisors near real time data about stablecoins' liabilities and their reserve assets.
/security
Police and banking authorities in Singapore are warning people to beware of a sophisticated impersonation scam that netted crooks $10.6 million in June alone.
/markets
SIX Swiss Exchange is to resume trading from 14.30 after technical problems forced the market operator to twice suspended trading in stocks, bonds, and exchange-traded funds.
31 July 2024
/people
Wells Fargo has appointed a new head of technology and shunted current CIO Tracaey Kerrins to head up a newly-created Generative AI team.
In a move to help stop bank impersonation scams, Westpac has teamed with telco Optus to introduce a new verified in-app calling capability.
The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.
/startups
Primary Portal, a digital platform that aggregates and digitises equity capital market processes for banks and asset managers, has completed the first stage of its £7.5 million Series A funding round led by the venture capital arm of Deutsche Börse.
/ai
AI-powered financial crime detection specialist ThetaRay has acquired screening company Screena. Financial terms were not disclosed.
30 July 2024
/payments
The Bank of England is seeking input from the private sector on its roadmap for innovation in money and payments.
/retail
Santander is looking to burnish its credenttials with Gen Z, embarking on a search for talent on TikTok to create an online-native international music band.
UBS and CIBC have executed a world-first intraday FX swap transaction on the DLT-enabled Finteum Platform.
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