News and technologies
14 October 2019
The Bank of England’s (BoE) Financial Policy Committee (FPC) has laid down a set of strict rules that Facebook’s Libra and other cryptocurrencies must follow in order…
10 October 2019
SWIFT has published a new open API interface standard that allows a payer’s financial institution to allocate advance funds. SWIFT has released its Pay Later API standard…
07 October 2019
The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services. Arab Bank (Switzerland) announced on Thursday…
07 October 2019
PayPal Holdings announced that it can do business in China after buying a controlling stake in a domestic payments firm. The deal would make PayPal the first…
02 October 2019
Facebook has faced a grilling from 26 central banks over the scope and design of its proposed cryptocurrency Libra, amid mounting concern over the threat posed to…
02 October 2019
Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia. According to a press release published by the bank on Sept. 12,…
17 September 2019
The UK has been well established as one of the leaders in Fintech innovation, and the place to be for financial entrepreneurs; however, when it comes to…
17 September 2019
Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.…
17 September 2019
Swiss financial authority FINMA offered guidance this week on anti-money laundering (AML) requirements for blockchain-based companies even as it granted broker-dealer licenses to two new blockchain companies.…
14 September 2019
An overview of trends and developments with great impact over the use of cash in commerce Cash – alive and kicking Most of the times, cash is…
