Global
Global: US financial regulator scrutinising Afterpay and Zip as part of an inquiry into buy now, pay later companies
Australian fintech companies Afterpay and Zip are among several buy now pay later (BNPL) firms that will be forced by the US financial ...
Global
Global: HSBC fined $85 mln for anti-money laundering failings
Britain’s financial regulator said on Friday that it had fined HSBC (HSBA.L) 63.95 million pounds ($85.16 million) for failings in its anti-money laundering processes. The ...
Global
World Bank Signs $700m to Build Climate-Resilient Landscape in Nigeria
The World Bank has approved a 700 million dollar credit from its International Development Association (IDA) for the Nigeria Agro-Climatic Resilience in Semi-Arid ...
Global
Global: French Central Bank Completes First Stage of Its CBDC Experiments
The final stage of the first tranche of experiments consisted of the issuance of a digital bond on a blockchain with settlement in ...
Global
Global: Bank of Russia tests KYC platform with credit institutions
The Central Bank of Russia has announced it started testing Know Your Customer platform together with 40 banks so far. The testing will be conducted ...
Global
Global: Fraud detection and prevention market to hit USD 100 bln by 2027
A research study by Global Market Insights has shown that fraud detection and prevention (FDP) market is expected to surpass USD 100 billion by 2027. ...
Global
Central Bank of Brazil defines Phase 4 of Open Banking implementation
On 10 December 2021, the Central Bank has released the schedule of the new phase of Open Banking in Brazil, according to infomoney.com.br. It is the ...
Global
Global: Bank of England rejects major overhaul of cash system
The Bank of England has told top banks to spell out by March how they will keep enough cash in circulation as COVID-19 ...
Global
Global: Bank of England calls for global tightening of crypto regulation
The Bank of England (BOE) said on Monday that regulatory and legal frameworks for crypto-assets would have to be ramped up both domestically ...
Global
Global: Bank of England alert as old £20 and £50 notes to become void
THE BANK OF ENGLAND has issued an important update, reminding Britons their £20 and £50 notes are soon set to become obsolete – ...
