/regulation
The Commodity Futures Trading Commission (CFTC) has recommended the expansion of the use of non-cash collateral through the use of distributed ledger technology (DLT) by its Global Markets Advisory Committee (GMAC).
22 November 2024
/ai
Research from Avaloq, a banking and wealth management platform, indicates that UK wealth managers see AI as the future, but do not yet trust the technology.
Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services.
/sustainable
There is much still be to decided at COP29, the global climate talks summit, taking place in Baku, Azerbaijan right now.
/crime
To mark International Fraud Awareness Week, Payments System Regulator (PSR) has released research on the impact of Authorised Push Payment (APP) fraud on UK consumers.
/inclusion
Qash, a Dutch financial inclusion startup has launched in Colombia with a stablecoin linked credit card aimed at volatile economies.
Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a "partial understanding" of the AI they are deploying, according to a Bank of England and FCA survey.
/markets
The European Securities and Markets Authority (Esma) has called for the EU to migrate to a T+1 settlement cycle by October 2027, ensuring coordination with the UK.
Fintech firm Finastra has shared further detail on the investigation process following a data breach that occurred earlier this month.
21 November 2024
The Consumer Financial Protection Bureau (CFPB) has finalised a rule that will see it supervise tech giants such as Apple and Google that offer digital payment apps and wallets.
/payments
Mastercard has connected its Multi-Token Network (MTN) to JPMorgan's Kinexys Digital Payments rail for B2B cross-border payments settlement.
/crypto
Microsoft Brazil, 7COMm and Chainlink are to work with Banco Inter on a trade finance application as part of the second phase of the central bank's trials of its digital currency, Drex.
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