Global
Global: Australia ushers in BNPL regulation
The Australian Government is to introduce new rules that will treat buy now, pay later schemes as credit products in an effort to ...
Global
Global: China holds lending rates steady; market sees reserve ratio cut as next move
China kept its benchmark lending rates unchanged for the ninth month in May on Monday , matching market expectations, as a weakening yuan ...
Global
Global: WiPay Remittance launched in Grenada
WiPay, the leading payment solution in the Caribbean, recently announced the introduction of WiPay Remittance during its launch event in Grenada. The event ...
Global
Global: IBM Launches $100m Partnership with Global Universities to Develop Novel Technologies
At the G7 Summit in Japan, IBM (NYSE: IBM) announced a 10-year, $100 million initiative with the University of Tokyo and the University ...
Global
Global: India regulator proposes curbs on derivative-linked share moves
India’s market regulator proposed measures to contain extreme price movements in shares on which futures and options trade, including longer trading suspensions and ...
Global
Global: Ripple rolls out CBDC platform
Fresh from its acquisition of crypto cutoday provider Metaco, Ripple is rolling out an end-to-end CBDC platform for central banks, governments, and financial ...
Global
Global: Crypto should be regulated as gambling, UK lawmakers say
Bitcoin, ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers, a panel of UK lawmakers ...
Global
Global: UAE Central Bank imposes administrative sanctions on 8 banks
The Central Bank of the UAE (CBUAE) on Tuesday (May 16, 2023) said it imposed administrative sanctions on eight banks operating in the ...
Global
Global: CEO of OpenAI calls for US to regulate artificial intelligence
The creator of advanced chatbot ChatGPT has called on US lawmakers to regulate artificial intelligence (AI). Sam Altman, the CEO of OpenAI, the ...
Global
Global: Mastercard integrates with fraud fighting fintech Vesta
With merchants estimated to suffer more than US$48 billion in eCommerce fraud globally in 2023 – 22% of that in Asia[1] – Mastercard ...
