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Rerail, an angel fund for fintech startups, has closed on a $20 million warchest.
15 October 2024
Russia is pushing for the creation of a new cross-border payment system for Brics countries as part of a scheme that would help the country to evade financial sanctions and reduce its reliance on the US dollar.
14 October 2024
Citi's Token Services for Cash has gone live, enabling institutional clients to move money between branches around the world 24/7.
TD Bank has agreed to pay $3 billion in penalties after pleading guilty to violating US anti-money laundering federal laws.
10 October 2024
Digital securities distribution platform Assetera and digital securities exchange Archax have joined forces to offer investors access to tokenised real-world assets - including money-market funds from abrdn - in Europe.
08 October 2024
The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.
The industry group for Australia's startup sector, Fintech Australia, has given its support for the government's proposals to implement scam obligations for financial services firms.
A war of words has broken out between banks and big tech firms over who should be primarily responsible for reimbursing victims of fraud.
07 October 2024
PayPal has for the first time used its proprietary PYUSD stablecoin to pay and invoice.
The UK Treasury will give banks new powers to delay payments by up to 72 hours to investigate suspected fraud or scams.
04 October 2024
Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network.
03 October 2024
HSBC has partnered B2B global trade network Tradeshift on a joint venture offering embedded finance solutions to business clients.
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