Global
Honduras and Guatemala study CBDCs
Honduras and Guatemala are studying central bank digital currencies and the value they could bring to their respective monetary systems. Two Central American ...
Global
Mastercard to acquire Danish open banking technology company Aiia
Mastercard has agreed to acquire Danish open banking technology company Aiia to expand its open banking reach, according to a Tuesday (Sept. 7) press release. ...
Global
Brazil: Central bank impose spending limits on new PIX payments system
Brazil’s central bank has imposed spending limits on its new PIX instant payments platform in the face of a sharp increase in “lightning ...
Global
Standard Chartered to launch a digital-only bank in Singapore
Standard Chartered has agreed a joint venture deal to launch a digital-only bank in Singapore with the country’s National Trades Union Congress (NTUC). A Standard ...
Global
British Financial Regulator Lays Out 3 Ways to Rein in Cryptocurrencies
Charles Randell, Chair of the Financial Conduct Authority, lays out the risks of cryptocurrencies as well as three ways that regulators can keep ...
Global
28% of UK consumers have ‘no idea’ what Open Banking
New research by ECOMMPAY has found that only 14% of consumers ‘completely understand’ Open Banking, with even fewer businesses grasping how it could help them ...
Global
India: Reserved Bank allows account aggregator service
Reserve Bank of India (RBI) has introduced Sahamati Platform, an account aggregator that doesn’t require KYC for customers who are taking loans, insurance service or ...
Global
BOC partners with UnionPay International to accept QR code payments in Sri Lanka
Bank of Ceylon (BOC) has partnered with China-based payments group UnionPay International (UPI) to offer UnionPay QR code payment service in Sri Lanka. UnionPay is the ...
Global
State Bank of Pakistan grants EMI license to NayaPay
Pakistan-based fintech NayaPay has earned commercial approval to operate as the first Electronic Money Institution in Pakistan, after a year-long pilot and inspection by the ...
Global
France fines JP Morgan USD 29.6 M in tax fraud settlement
US-based bank JP Morgan has agreed to a EUR 25 million euros (USD 29.6 million) fine in a settlement of a tax fraud ...