Global
SWIFT launches ISO 20022 translation services for cross-border payments
Global provider of secure financial messaging services SWIFT has announced the translation availability for its ISO 20022 customer testing environment for cross-border payments. In-flow translation ...
Global
Global: Reza Baqir appointed as chairman Council of Islamic Financial Services Board
State Bank of Pakistan (SBP) Governor Dr Reza Baqir has been appointed as the Chairman of the Council of Islamic Financial Services Board ...
Global
IMF releases guidelines for a uniform global crypto regulation framework
The International Monetary Fund (IMF) has released a proposed framework aimed at making the global cryptocurrency regulatory approach functional on a worldwide level. In a ...
Global
Visa Launches Cryptocurrency Advisory Service for Financial Institutions, Merchants
A new global study by Visa showed nearly 40 percent of crypto owners surveyed would be likely or very likely to switch their ...
Global
BIS Experiment Finds CBDCs to Be Effective in Cross-Border Settlements
A group of central banks successfully tested the use of a wholesale CBDC in international transactions between financial institutions. Central bank digital currencies ...
Global
Mastercard realigns int’l operations, expands and enhances presence across Africa, others regions
Middle East and Africa (MEA) region expanded to Eastern Europe, Middle East and Africa (EEMEA), covering 81 of the 210 markets where Mastercard ...
Global
FCA to introduce new consumer duty
The UK’s Financial Conduct Authority (FCA) is to introduce a new consumer duty in order to better protect users of financial services and ...
Global
UAE issues new 50 dirham note to commemorate Golden Jubilee
The United Arab Emirates has introduced its first polymer banknote to commemorate the 50th anniversary of the nation’s founding, according to a statement ...
Global
Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance
According to The Nihon Keizai Shimbun (Nikkei), one of the world’s largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan’s ...
Global
Comply Advantage supporting Raisin Bank with KYC solution
UK-based anti-money laundering technology company Comply Advantage has announced supporting Germany-based Raisin Bank‘s Banking-as-a-Service (BaaS) solutions with a KYC offer. Raisin Bank is a deposit marketplace ...
