Global
ICC, Finastra bring trade funding marketplace pilot to Ecuador
The International Chamber of Commerce (ICC) and Finastra have announced Ecuador as the first market in which they will run the pilot for their trade funding marketplace. ...
Global
HSBC online banking app experiences outages
HSBC’s app and internet banking has stopped working for some of its customers, the bank has said, according to The Independent. Users reported that ...
Global
FCA investigation: Monzo reports losses growth
The FCA has launched a formal investigation into Monzo’s anti-money laundering practices, which could carry both civil and criminal liability, says AltFi. The digital bank, which published ...
Global
Ukraine central bank now officially allowed to issue digital currency
The Ukrainian government is moving forward with its central bank digital currency (CBDC) plans, as the National Bank of Ukraine (NBU) is now ...
Global
Okcoin secures regulatory approval in Malta and the Netherlands
Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators. ...
Global
Ireland secures agreement to draft Central Bank (Individual Accountability Framework) Bill
Ireland’s Minister for Finance has received agreement from his Cabinet colleagues to approve the drafting of the Central Bank (Individual Accountability Framework) Bill. ...
Global
BISIH and Monetary Authority of Singapore to enhance real-time payments connectivity
The Bank for International Settlements Innovation Hub Singapore Centre and the Monetary Authority of Singapore (MAS) have published a proposed blueprint for enhancing global payments network ...
Global
UK’s CMA mandates Variable Recurring Payments
UK’s Competition and Market Authority (CMA) has decided to mandate Variable Recurring Payments (VRPs) as the mechanism for implementing sweeping. The CMA published a letter ...
Global
Singapore :MAS removes caps on dividend payments by local banks
The Monetary Authority of Singapore (MAS) has decided to remove caps on dividends paid by locally incorporated banks and finance companies, according to Reuters. The caps ...
Global
Latest Mambu Research Reveals Gap in Global Financial Awareness and Accessibility
A study of 2,000 global consumers released by Mambu, the market-leading banking and financial services platform, revealed that both banked and unbanked individuals feel ...