Global
Global: Citi Token Services for Cash Now Live, Offering Real-Time Cross-Border Payments
Citi has officially launched its Citi Token Services for Cash, enabling real-time, multimillion-dollar cross-border transactions and providing clients with 24/7 access to liquidity. ...
Global
Global Businesses Lose R30-Trillion ($1.75-Trillion) from Untapped Economic Potential of ‘Third Largest Nation’
Today, on World Inclusion Day, global full-cycle verification platform Sumsub reveals that a staggering 627 million individuals globally, larger than the population of ...
Global
Global: Citi Partners with Mastercard to Streamline Cross-Border Debit Card Payments
Citi has become the first bank to leverage Mastercard’s new platform, Mastercard Move, enabling its clients to make near-instant, full-value cross-border payments directly ...
Global
Global: PayPal Uses Stablecoin to Settle Invoice with Ernst & Young
PayPal has made headlines by using its own stablecoin, PYUSD, to settle an invoice with Ernst & Young, marking the first time the ...
Global
Global: Visa Unveils Platform to Enable Banks to Issue Fiat-Backed Tokens
Visa has launched the Visa Tokenised Asset Platform (VTAP), a platform designed to enable financial institutions to mint, burn, and transfer fiat-backed tokens, ...
Global
Global: Brazil Explores DeFi Elements in Drex CBDC Pilot to Enhance Decentralization, Privacy, and Programmability
Brazil’s central bank is pushing the boundaries of traditional finance by incorporating decentralized finance (DeFi) principles into the development of its synthetic central ...
Global
Global: Meta Partners with UK Banks in Data-Sharing Programme to Combat Scammers
Meta, the parent company of Facebook, Instagram, and WhatsApp, has launched the Fraud Intelligence Reciprocal Exchange (FIRE) programme, allowing UK banks to directly ...
Global
Global: Experts Raise Concerns Over AI’s Growing Energy Demand
Experts are raising alarms about the increasing energy demands of artificial intelligence (AI) and its potential impact on global sustainability efforts. As AI ...
Global
Global: Trinidad and Tobago to Adopt India’s UPI Payment Technology
Trinidad and Tobago’s Ministry of Digital Transformation has signed an agreement to introduce India’s Unified Payments Interface (UPI) technology, aiming to expand digital ...
Global
Global: Blackstone to Invest £10bn in AI Data Centre in the UK
Blackstone has announced plans to build a £10 billion hyperscale AI data centre in Blyth, Northumberland, marking one of the largest data centre ...