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Sibos: APAC supplies nearly 25% of global sustainable bonds

/sustainable

Sibos: APAC supplies nearly 25% of global sustainable bonds

“Investors are chasing sustainable bonds to buy, and we think that over $800 billion worth of supply globally, around 20-25% of that global share comes from APAC, namely Asia in particular,” said Chuaoni Huang of BNP Paribas during a sustainable focused panel session at Sibos 2024.

Fintech association sues CFPB over BNPL rule

/regulation

Fintech association sues CFPB over BNPL rule

The Financial Technology Association (FTA) has filed a lawsuit challenging the Consumer Financial Protection Bureau’s (CFPB) new buy now, pay later rules.

CaixaBank switches on instalment payments with Apple Pay

/payments

CaixaBank switches on instalment payments with Apple Pay

CaixaBank has become the first financial institution in continental Europe to offer buy now, pay later services to users checking out with Apple Pay.

Real-time payments are raising GDP and driving financial inclusion

/payments

Real-time payments are raising GDP and driving financial inclusion

Real-time payments are forecast to generate $285.8 billion of additional global GDP growth and create more than 167 million new bank account holders by 2028, according to a new report published by ACI Worldwide.

Disney to the fore in new OCBC kids account

/retail

Disney to the fore in new OCBC kids account

OCBC has launched a parental-controlled bank account for children between the ages of seven and 15.

Global payments in 2024: Simpler interfaces, complex reality

/payments

Global payments in 2024: Simpler interfaces, complex reality

Global payment revenues will remain robust over the next five years, enabling the sector to unlock an additional $700 billion by 2028, according to a McKinsey report.

Fintech funding bucks the downward trend across Europe

/startups

Fintech funding bucks the downward trend across Europe

Innovations in AI and embedded finance have kickstarted a recovery in fintech funding, according to Q3 figures compiled by Dealroom.

AFP: Fraud is the biggest painpoint for accounts payables automation

/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

DBS rolls out blockchain-powered banking for institutions

/wholesale

DBS rolls out blockchain-powered banking for institutions

Singapore's DBS has integrated a suite of blockchain-powered capabilities within its core transaction banking services for institutional clients.

Why US fintech and banking is at an inflection point

/predictions

Why US fintech and banking is at an inflection point

Boston Fintech Week returned this week for its seventh instalment, welcoming industry experts and executives to a two day conference at the Federal Reserve Bank of Boston to discuss the state of banking and fintech at full throttle in the US, and explore what lies ahead.

Wise gains direct access to Japan’s payment clearing network – Reuters

/payments

Wise gains direct access to Japan’s payment clearing network – Reuters

Wise has become the first foreign firm to receive approval for direct access to Japan’s bank payment clearing network Zengin.

Bank of Kenya migrates national payment system to ISO20022

/payments

Bank of Kenya migrates national payment system to ISO20022

Earlier this week, the Bank of Kenya announced the successful migration of the Kenya Electronic Payment and Settlement System (KEPSS) to the ISO20022 Global Messaging Standard.

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