Global
India Eyes Africa to Build a Digital Payment System by 2027
India is looking to expand its influence in Africa’s burgeoning digital payments market through its Unified Payments Interface (UPI) system. The National Payments ...
Global
Global: First Abu Dhabi Bank Completes Pilot for Programmable Payments Using JPM Coin
First Abu Dhabi Bank (FAB) has successfully concluded a pilot program leveraging programmable payments via JPM Coin, a digital currency developed through J.P. ...
Global
Global: Australia’s Central Bank Unveils 3-Year Program for Wholesale CBDC Development
The Reserve Bank of Australia (RBA) has announced a strategic focus on launching a wholesale Central Bank Digital Currency (CBDC) over the next ...
Global
Global: Circle Teams Up with Sony’s Blockchain Lab to Boost USDC Adoption
Stablecoin issuer Circle has announced a strategic partnership with Sony Block Solutions Labs to expand the use of its stablecoin, USDC, on Sony’s ...
Global
Global: Bank of Canada Governor Hints at Accelerating Rate Cuts
Bank of Canada (BoC) Governor Tiff Macklem has indicated the possibility of faster interest rate cuts in the near future, according to an ...
Global
Global: Arab Monetary Fund Official Praises Qatar’s Banking Sector Performance
Qatar’s banking sector continues to excel, securing a strong position among Arab countries, according to Dr. Fahad bin Mohammed Al Turki, Director General ...
Global
Global: Swift Aims to Facilitate Digital Securities Settlements Using Its Global Payments Network
Swift has unveiled its vision for digital assets and payments, with a focus on potentially using its global payment network to support the ...
Global
Global: Japanese Banks Test Stablecoin-Based Cross-Border Payments
In response to the growing cross-border transfer market, which reached $182 trillion in 2022, Japanese banks are piloting a stablecoin-based system to address ...
Global
Global: UAE Network International Partners with Ruya Bank to Enhance Digital Payment Technology
Network International has entered into a strategic partnership with Ruya Bank, the UAE’s leading digital-first Islamic community bank, aiming to revolutionize Islamic banking ...
Global
Global: Brazil Prepares for New Round of CBDC Pilots
Brazil’s central bank is gearing up for the next phase of its digital real (CBDC) pilot, following years of development. The initiative, which ...