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Open Banking platform Tarabut Gateway raises $13 million in MENA’s largest seed round
Bahrain-headquartered Open Banking platform Tarabut Gateway has raised $13 million in a seed round led by Berlin-headquartered European VC Target Global. The round ...
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BIS and central banks partner to create CBDC ‘bridge
The Bank for International Settlements is partnering with the central banks of China, Hong Kong, Thailand and the UAE to conduct new tests ...
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BoE unveils plan to ‘transform’ data collection
The Bank of England is embarking on a decade-long effort to overhaul the way data is generated and reported across the financial sector. ...
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Standard Bank Initiates Africa’s First Hedera Network Node
Africa’s largest by assets, Standard Bank Group has partnered with Hedera Hashgraph, an enterprise-grade distributed public ledger to enable the bank to establish the ...
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China’s PBOC joins cross-border digital currency project with other central banks
Central banks from China, Thailand, United Arab Emirates and Hong Kong are exploring a digital currency cross-border payment project together. The Hong Kong ...
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Saudi FinTech Tweeq partners with Mastercard and Paymentology
Saudi FinTech, Tweeq has partnered with global payments technology company Mastercard and London-based Paymentology, a digital commerce service and payment solution provider. The partnership is expected ...
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Opera’s new Hype chat service now available in Kenya
Browser developer Opera has announced that its new chat service Hype which is built into mobile web browser Opera Mini, is now available in ...
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SparkCognition Acquires Financial Technology Company AIM2
SparkCognition, the world’s leading industrial artificial intelligence (AI) company has announced that it has entered into an agreement to acquire AIM2 from hedge fund management company Brevan ...
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Bank of Japan to start testing digital yen
Japan’s central bank is set to launch a pilot for a digital yen in the first quarter, according to Japan’s public broadcaster, NHK. ...
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EU to allow continued data flows to UK following Brexit
The European Commission said Britain’s data protection laws were in line with the European Union’s and that it would start a process to ...