Global
Standard Chartered Launches Blockchain-based Trade Finance Platform
Standard Chartered joined forces with Linklogis to incorporate a new blockchain-based digital trade finance platform called Olea. The British multinational banking institution – ...
Global
Colombia’s financial regulator launches fintech sandbox
Superfinanciera has enabled the controlled test space to promote technological innovation in the financial system, according to the official press release. Through this controlled ...
Global
Australia considers new regulations for Apple, Google, and WeChat digital wallets
The Australian government has announced it is considering new laws that would tighten the regulation of digital payment services by tech giants such ...
Global
Cryptoassets as national currency is a step too far – IMF
The International Monetary Fund (IMF), an organization which includes 190 countries, working to foster global monetary cooperation, in a blogpost titled, ‘Cryptoassets as National ...
Global
Contactless card payment limit in UK to rise to GBP 100 from 15 October
UK Finance, the regulatory body representing banks, has announced that shoppers in the UK will be able to spend up to GBP 100 ...
Global
Bank of Jamaica creates the first batch of its CBDC
Bank of Jamaica (BOJ) has announced the inaugural minting of Jamaica’s first batch of central bank digital currency (CBDC). A total of approximately USD ...
Global
Bank North (former B-North) secures full banking licence, raises GBP 20M
UK-based Bank North, has received a banking licence by the UK’s Prudential Regulation Authority (PRA), allowing the company to evolve within the SME banking ...
Global
Revolut seeks banking licence in Australia
UK-based Revolut has planned for a banking licence in Australia and is engaged in talks with the country’s regulator to be allowed to take customer ...
Global
Bank Central Asia (BCA) to pump USD 200 million in digital unit
Bloomberg has reported that Indonesia-based BCA has decided to invest USD 200 million in its digital arm to match competitors’ efforts in one of the world’s ...
Global
Fraudsters in Hong Kong shift focus from logistic to communities and gaming, TransUnion analyses reveals
Online fraudsters in Hong Kong are re-focusing their efforts from logistics to the communities (online dating, forums, etc.) and gaming industries, according to TransUnion’s ...