FinTech
SwapAgent and Trafigura Launch Blockchain Deposit Accounts with JPMorgan’s Kinexys
Revolutionizing Financial Transactions: A Step Towards Enhanced Efficiency in BankingHighlights: SwapAgent and Trafigura have implemented blockchain technology to streamline deposit accounts.The partnership with JPMorgan’s...
FinTech
TISA Urges UK Regulators to Address AI Search Engine Concerns
Immediate Action Required to Ensure Fair Practices and Transparency in AI TechnologiesHighlights: TISA calls for tighter regulations on AI search engines to ensure consumer...
FinTech
Block to Pay $40M Penalty for AML Failures
Major Financial Setback: Exploring the Implications of Block's Compliance ShortcomingsHighlights: Block has been fined $40 million due to inadequate anti-money laundering (AML) practices.The penalty...
FinTech
House of Representatives Terminates CFPB Oversight of Major Tech Payment Apps
New Developments in Financial Regulation: What the End of CFPB Oversight Means for Consumers and Tech CompaniesHighlights: The House of Representatives voted to eliminate...
FinTech
TransFICC Secures $25 Million in Funding to Revolutionize Fixed Income Trading
Transforming the Way Financial Institutions Trade in a Dynamic MarketHighlights: TransFICC raises $25 million to enhance its trading platform.The fintech aims to address the...
FinTech
DBS Bank and Bank of China Hit by Ransomware Attack Impacting Customer Records
Understanding the ramifications of cybersecurity breaches in the banking sectorHighlights: DBS Bank and Bank of China experienced a significant ransomware attack.The attack compromised sensitive...
FinTech
BofA Employees Embrace AI-Powered Virtual Assistants for Enhanced Productivity
Discover How Bank of America Staff are Leveraging AI Technology to Boost EfficiencyHighlights: Bank of America has implemented AI virtual assistants to aid its...
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