Global
Global: Swift Commences Beta Testing for CBDC Connector
Swift, the interbank co-operative, is collaborating with three central banks and 30 financial institutions to conduct beta tests of an innovative approach to ...
Global
Global: HSBC Introduces Multi-Market Business Account Opening Solution in 20 Markets
HSBC has unveiled a dedicated digital platform that enables business and corporate clients to initiate account openings for multiple business entities across various ...
Global
Global: UK Banks Shift Focus Away from Metaverse Investments
The enthusiasm among UK banks for investing in technologies related to the Metaverse, such as virtual reality (VR) and augmented reality (AR), is ...
Global
Global: Visa Introduces Innovative Global Cross-Border Money Movement Solution
Visa has harnessed the capabilities of its Currencycloud acquisition to unveil an innovative global cross-border money movement service designed for various entities, including ...
Global
Global: China’s Central Bank Increases Oversight on Large Dollar Purchases Amid Yuan Depreciation Pressure
China’s central bank is intensifying its oversight of large dollar purchases by domestic companies, as the Chinese currency faces growing depreciation pressure. Three ...
Global
Global: Reserve Bank of India Collaborates with Banks to Enhance Adoption of Central Bank Digital Currency (CBDC)
The Reserve Bank of India (RBI) is actively working with financial institutions to introduce new features aimed at promoting the adoption of the ...
Global
Global: Microsoft Introduces Copyright Protection for AI Users
Microsoft has unveiled its Copilot Copyright Commitment, a new initiative aimed at offering legal safeguards to customers utilizing its artificial intelligence (AI) services, ...
Global
Global: WhatsApp Introduces ‘Third-party Chats’ to Enable Cross-App Messaging
In a recent update, WhatsApp for Android beta (version 2.23.19.8) has introduced a new feature called “Third-party Chats.” This release closely follows the ...
Global
Global: Visa Reports Alarming Surge in Ransomware Attacks
In a shocking revelation, Visa disclosed that ransomware attacks surged to unprecedented levels in March 2023, experiencing a staggering 91% increase compared to ...
Global
Global: Adyen Secures UK Banking License, Expanding Financial Services
Dutch FinTech giant Adyen is embarking on a journey to offer banking services in the United Kingdom after successfully obtaining a banking license ...
