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China’s Digital Yuan Won’t Topple Dollar, BOJ Official Says
A senior Bank of Japan official played down the potential for China’s digital yuan to threaten the dollar’s position as the world’s main ...
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SENDSPEND LAUNCHES DIGITAL PAYMENTS SYSTEM FOR UNBANKED IN AFRICA
Headquartered in London, SendSpend plans to launch its global payment system platform that enables unbanked individuals in Africa to complete payments and transfers ...
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Bank of England tells firms to promote own ‘RegTech’ products
Britain’s financial regulator has called for the regulatory technology industry to press their own case for the greater adoption of cost-saving ways to ...
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How Curve got back on track after Wirecard fallout
In June 2020, the FCA acted overnight to freeze customer accounts across UK fintech firms including Curve, Pockit, Soldo, Anna Money and Holvi, ...
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JP Morgan uses blockchain to improve global transfers
JP Morgan is working with a group of Taiwan banks to test the use of blockchain technology to improve global funds transfers. Confirm ...
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Applications for Grindstone Accelerator programme now
Applications for Grindstone’s accelerator programme, an initiative tailored towards scaling up high-growth and innovation-driven SMEs in South Africa, are now open. Ketso Gordhan, ...
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Fintech apps outperform banks as pandemic shakes consumer finances
Finance app downloads spiked by 15% during the pandemic, with mobile fintech applications outperforming banks by a factor of up to 10.8x, according ...
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Zimbabwe banks fine-tune digital offerings as branches close
Zimbabwean banks are zero-rating online and mobile application banking transactions to boost digital banking at a time many are closing down physical branches. ...
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Bank of Montreal goes live with Pelican Intelligent Financial HUB
Bank of Montreal (BMO) has recently gone live with Pelican Intelligent Financial Hub – STP, Pelican’s payment analytics, intelligent automation, and straight-through processing (STP) solution. BMO ...
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PwC to help fintech with next gen banking
PwC has included ten top UK-based fintechs in an initative which showcases how the future of banking will rely on collaboration and innovation, with ...