/markets
French software house NeoXam has announced plans to acquire EZOPS, a provider of AI-enabled data control, workflow automation, reconciliation, and regulatory reporting technology.
19 September 2024
/security
HSBC has successfully trialled the first application of quantum-secure technology for buying and selling tokenised physical gold.
/crypto
The Reserve Bank of Australia is to prioritise the issuance of a wholesale central bank digital currency over a retail CBDC, arguing that a clear business case for the latter has yet to emerge.
/payments
The number of contactless payments in Canada increased by 17% in 2023 to reach 63% of all in-store transactions.
Banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to strengthen the digital token (DT) setup process for retail banking customers.
/people
Indian digital lending app mPokket is to hire 5000 new staff in the coming year, more than tripling its current workforce.
/regulation
In the wake of the collapse of fintech Synapse, a US regulator has outlined plans to strengthen recordkeeping requirements for bank deposits received from third party companies on behalf of their customers.
18 September 2024
/retail
New rules from the FCA to protect access to cash have come into force and are already having a positive impact in local communities, says the watchdog, adopting a stance which has strained credulity in the wake of Lloyds Bank's latest branch closure programme.
Venture capital fund managers who have signed up to the Investing in Women Code are more likely to invest in female founders, according to a UK government report.
JPMorgan Chase is in discussion with Apple about taking over the computer giant's credit card programme from Goldman Sachs.
South East Asia's second-largest bank, OCBC, is to invest $500 million in Punggol Digital District (PDD), with the set-up of a new 430,000 sq ft innovation hub and a multi-million dollar strategic partnership with Singapore Institute of Technology (SIT).
/ai
Standard Chartered is making the most of its internal talent by using an AI-based marketplace to match employees' skills with project-specific 'gigs'.
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