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The Bank of England and the BIS Innovation Hub have developed a system that gives supervisors near real time data about stablecoins' liabilities and their reserve assets.
01 August 2024
The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.
31 July 2024
AI-powered financial crime detection specialist ThetaRay has acquired screening company Screena. Financial terms were not disclosed.
30 July 2024
The Bank of England is seeking input from the private sector on its roadmap for innovation in money and payments.
JPMorgan Chase has rolled out an inhouse developed Generative AI chatbot to staff, likening it to a having a research analyst at your desk.
29 July 2024
10x Banking has unveiled a new generation of core banking technology designed to derisk the conversion from legacy ledgers and provide a clear roadmap to cloud-native transformation.
Lloyds Banking Group and Nationwide have joined an £11 million Series A funding round in Scottish AI fintech Aveni.
US banking regulators have issued a warning on the potential risks associated with third-party deposit arrangements and made a call for more information on the relationships between lenders and fintechs.
26 July 2024
Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.
24 July 2024
Santander-backed Ebury has reportedly appointed Goldman Sachs to lead a forthcoming £2 billion IPO in London.
22 July 2024
BBVA is opening a global cybersecurity centre in Mexico as part of an alliance with IT services company Telefónica Tech aimed at boosting the bank's defences against a rising tide of security-related threats.
Standard Chartered is among the firms picked to join Hong Kong's new stablecoin issuer sandbox. The announcement comes a day after the island's regulators said they will soon propose a regulatory regime for stablecoin issuers.
19 July 2024
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