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The majority (53%) of consumers trust generative AI technology to be used for its financial planning, suggests recently published research.
20 June 2023
India and the Philippines have moved to strengthen the ties between their respective fintech sectors by signing a memorandum of understanding (MoU).
19 June 2023
Binance's regulatory woes continue, with the crypto exchange forced to exit the Netherlands and facing up to a French investigation in "aggravated" money laundering.
16 June 2023
A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS).
Bank Abilad has become the first financial institution in Saudi Arabia to offer open banking services
As it prepares to introduce a personal data rights rule, the Consumer Financial Protection Bureau has warned that it will not allow big banks to skew open banking standards in their favour.
Knowledge Bank, a UK database of lending criteria, today turned on a specialist ‘flag’ to alert brokers when they have searched for an element of criteria that may indicate a client is vulnerable.
14 June 2023
Nasdaq is to acquire capital markets software house Adenza from Thoma Bravo for $10 billion, reinforcing its positioning as a "technology company serving the global financial system".
12 June 2023
Days after the SEC sued it, the US arm of Binance says it is suspending dollar deposits and that its banking partners are preparing to pause dollar withdrawal channels.
09 June 2023
The UK's Financial Conduct Authority is to introduce tough new rules for the marketing of crypto assets, including a 24-hour cooling off period for first time investors.
08 June 2023
At Money20/20 in Amsterdam, Finextra chatted to ING’s head of corporate strategy & innovation Jeroen Plag about how the bank has merged the innovation and strategy departments bringing initiatives closer to the business like CoorpID and Blacksmith and is now focusing on building new assets.
07 June 2023
Australia will phase out cheques by the end of the decade, citing their dwindling popularity in the face of a range of electronic alternatives.
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