Global
Global: JPMorgan Is the First Bank Into the Metaverse, Looks at Business Opportunities
JPMorgan, the largest bank in the U.S., said it has become the first lender to arrive in the metaverse, having opened a lounge in ...
Global
Global: The Saudi cabinet approves the licencing of a new digital bank
The Saudi cabinet has approved the licencing of a third digital bank, called D360 Bank, with a capital of USD 440 million. The ...
Global
Global: Ericsson Launches Internet of Things Accelerator
Multinational technology company, Ericsson, has launched the Internet of Things (IoT) Accelerator to make connectivity easier for enterprises globally. Ericsson, in a statement ...
Global
Global: Mastercard to ramp up hiring in crypto, open banking
Mastercard said it will hire more than 500 young professionals this year as it expands its data and services unit, an effort that will ...
Global
Sanctions and trade: Iran aims to develop a central bank digital currency
As payment methods continue to evolve, new innovations are improving financial infrastructures that have been in use for years. Currently, central bank digital ...
Global
Global: Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain
The Central Bank of Bahrain (CBB), working in partnership with Bank ABC, recently announced it had successfully tested the transfer of funds across ...
Global
Global: UK regulators warn banks on using AI in loan application
UK regulators have warned banks on use of artificial intelligence (AI) in loan applications, as high street lenders must ensure machine learning does ...
Global
Global: UAE publishes Federal Data Protection Law
The United Arab Emirates (UAE) has published its first Federal Data Protection Law No. 45 of 2021, which came into effect on 2 ...
Global
Global: EC to release instant payments legislation in second half of 2022
The European Commission has announced its intention to legislate on instant payments to accelerate their adoption across the EU, according to AltFi. Speaking at ...
Global
Global: Hungary’s central bank chief wants EU-wide crypto trading and mining ban
György Matolcsy, Governor of the Hungarian National Bank, has proposed a blanket ban on all cryptocurrency trading and mining operations across the European ...