Global
Global: Dutch watchdog says Apple to offer other payment methods in dating apps
The Netherlands’ antitrust watchdog on Saturday said Apple Inc (AAPL.O) will allow different payment methods in Dutch dating applications, ending a dispute that resulted in ...
Global
Global: Saudi government reserves at central bank take hit to fuel Vision 2030 investments
Saudi Arabia’s reserves at the Kingdom’s national bank have fallen by 58 percent since 2016 as the government pushes ahead with funding its ...
Global
Global: Charles Schwab pays $187m to settle SEC robo-advisor charges
Subsidiaries of Charles Schwab have agreed to pay $187 million to settle SEC charges that they misled clients about fees for the broker’s ...
Global
Global: Jamaica becomes the first country to legalize CBDC
Following the approval of the senate, the Jamaican government has announced a nationwide digital currency. In a bid to provide alternatives to cash, ...
Global
Global: SEC Investigating Goldman Sachs over ESG Funds
The U.S. Securities and Exchange Commission (SEC) is investigating Goldman Sachs’ asset management division over certain of its ESG-themed investment funds, according to ...
Global
Global: Western Union Partners With Mambu for European Digital Banking
Cloud banking platform Mambu and global money transfer giant Western Union are collaborating to deliver digital banking products to Europe. Western Union’s digital ...
Global
Global: New York regulator sets stablecoin rules
The New York State Department of Financial Services has set out strict reserve requirements for firms looking to issue USD-backed stablecoins in the ...
Global
Global: IMF Suggests CBDCs To Include Compliance And User-Friendly Payment Features
International Monetary Fund (IMF) took a broad step in recommending creating a payment system with eco-friendly practices. It undertook a study on energy ...
Global
Global: Russian central bank slashes interest rates to pre-war level
Russia’s central bank lowered interest rates back to their pre-war levels Friday and said it will continue to explore the scope for more ...
Global
Global: US Senator requests FSOC review into risks of consumer data use
US Senator and Democratic chair of the Senate Banking Committee this week requested that the Financial Stability Oversight Council (FSOC) examine financial institutions’ ...