Global
Global: OCBC capital limits raised over flawed response to SMS phishing scams
The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement of approximately S$330 million on OCBC Bank (OCBC), over deficiencies in ...
Global
Global: RBI to adopt graded approach to introduce digital currency
The RBI said that it has been exploring the pros and cons of the introduction of CBDC in India and the appropriate design ...
Global
Global: MAS Launches 2022 Global FinTech Hackcelerator on Web 3.0 and Green Finance
The Monetary Authority of Singapore (MAS) announced today the launch of the 7th edition of the Global FinTech Hackcelerator, with the theme “Accelerating ...
Global
Global: JPMorgan Begins Processing Collateral Settlements Using Blockchain
JPMorgan has begun experimenting with traditional financial asset trading utilizing blockchain technology for collateral settlements. The first-ever transaction utilizing blockchain happened on May 20. The ...
Global
Global: Twitter fined $150m in US for selling users’ data
Twitter in the US must pay a $150m (£119m) fine after law enforcement officials accused it of illegally using users’ data to help ...
Global
India to roll out CBDC using a graded approach: RBI Annual Report
Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded ...
Global
Global: Orange appoints new leaders for Africa
France’s Orange Group yesterday announced the appointment of new leaders across its B2B Africa and Middle East units in order to refocus and ...
Global
Global: Mastercard, HyperPay pen deal to expand digital payment ecosystem across MENA region
Global payments company Mastercard, has announced a strategic partnership Saudi Arabia-based ecommerce firm HyperPay, to drive the adoption of digital payment solutions across ...
Global
Global: Binance Becomes The First Exchange To Receive Category 4 Crypto-Asset Service License From The Central Bank of Bahrain
Binance has received a Category 4 license as a crypto-asset service provider (CASP), which will let it provide a range of crypto services. ...
Global
Global: Russian central bank slashes key rate, sees room to cut further
Russia’s central bank slashed its key interest rate to 11% on Thursday and said it saw room for more cuts this year, as ...
