Global
Global: Interest rate rises to hit 40% of UK mortgages, warns Bank of England
The pressure on home owners will only get worse with the Bank of England estimating that around 40% of mortgages will go up ...
Global
Global: Russia’s Sberbank Completes First Digital Asset Transaction
A few months after Russia’s top lender Sberbank received the trade Digital Financial Assets (DFAs) license, the firm’s subsidiary SberFactoring completed its first ...
Global
Global: China regulator fines Alibaba, Tencent for disclosure violations
China has imposed fines on technology giants Alibaba (9988.HK) and Tencent (0700.HK) as well as a range of other firms for failing to comply with anti-monopoly ...
Global
Global: Digital challenger Zand lands banking licence from UAE central bank
Digital retail and corporate banking challenger Zand has been granted a banking licence from the Central Bank of the United Arab Emirates (UAE). ...
Global
Global: iFX EXPO Asia 2022 to be Held in Bangkok for the First Time
Following a successful event in Limassol, Cyprus, iFX EXPO is back with its next edition, iFX EXPO Asia 2022! The largest B2B expo ...
Global
Global: Vodacom accelerates digital inclusion through ‘Good As New’ initiative
Vodacom, has launched a pre-owned device category dubbed ‘Good As New’, which offers a selection of refurbished high-end devices. The initiative will also ...
Global
Global: CFPB strengthens data privacy and cybersecurity with new rules
The Consumer Financial Protection Bureau (CFPB) has rolled out new regulations on cyber security and data privacy under the Fair Credit Reporting Act. ...
Global
Global: Meta includes 55 African languages in its AI machine translation research
Meta has announced that it has built and open sourced ‘No Language Left Behind’ NLLB-200, a single AI model that is the first ...
Global
Global: Fiinu receives UK banking licence, undergoes reverse takeover to join AIM
Fintech group Fiinu has announced its receipt of a UK banking licence from the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority ...
Global
Global: Credit unions warn about the cost of developing a CBDC
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders. A United States-based lobbying group ...