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Commonwealth Bank of Australia is delivering near real-time cross-border payments to businesses and consumers who receive international payments from customers of US bank BNY.
22 August 2024
BBVA has doubled the number of staff working on artificial intelligence to more than 400 as it opens new 'AI Factories' in Mexico and Turkey.
Former Google and Ripple executives have raised $8.5 million for a startup, called Skyfire, building a payments network that enables AI agents to make autonomous transactions.
Citi has struck a referral agreement with Dubai-based Network International to offer the bank's corporate clients omnichannel payments services in the Middle East and Africa.
21 August 2024
The Bank of England is working with the BIS Innovation Hub London centre on a project that will explore how technology can enhance the analytical use of ISO 20022 data to shed light on economic conditions, system liquidity and compliance
20 August 2024
Waza, a payment and liquidity platform for emerging market businesses, has secured $8 million in equity and debt funding to make it easier for African businesses, traders, and other large organisations to manage and pay their suppliers globally.
19 August 2024
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
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