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ANZ has partnered with Microsoft to launch an 'AI Immersion Centre' for the bank's leadership team at its Melbourne headquarter offices.
15 August 2024
The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.
Responding to a call from the US Treasury, the Consumer Financial Protection Bureau (CFPB) and the American Fintech Council (AFC) have both weighed in on the use of AI in financial services.
14 August 2024
Citi and Wells Fargo have joined a $31 million Series B funding round for Setpoint, an infrastructure provider that streamlines transactions for the credit industry.
Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.
Ripple has been ordered by a US judge to pay the Securities and Exchange Commission $125 million in penalties for improperly selling its XRP token to institutional investors.
13 August 2024
Chinese tech giant Tencent has sold its 14% stake in British business banking platform Tide, according to the Telegraph.
Standard Chartered has launched a new ESG-linked Cash Account for corporate banking clients that rewards them for meeting material environmental, social and governance related targets.
12 August 2024
German development bank KfW has selected Boerse Stuttgart Digital as infrastructure partner for its new blockchain-based digital bond.
Startup accelerator Techstars is cutting its workforce by 17% and killing off its $80 million JP Morgan-backed Advancing Cities programme.
Cross-border payments firm Payoneer has acquired Singapore-based workforce and payroll management outfit Skuad for $61 million in cash.
09 August 2024
Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 month
07 August 2024
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