Banking
Raisin appoints former UBS chair Axel Weber as advisor and board member
Berlin-based fintech Raisin appoints Axel Weber, former president of the German Central Bank, as an advisor and board member, amid significant growth and a...
Banking
Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service
Bahrain-based Bank ABC is partnering with JP Morgan and the Central Bank of Bahrain (CBB) to introduce a blockchain-based cross-border payment service, aiming to...
Banking
MAS appoints Chia Der Jiun as managing director with Ravi Menon set to retire
Chia Der Jiun has been appointed as the new managing director of the Monetary Authority of Singapore (MAS), succeeding Ravi Menon, who is retiring...
AI
AI-powered conversational payments to launch on India’s UPI
RBI plans to introduce conversational payments to India's UPI, leveraging AI for secure transactions through voice commands, aiming to enhance financial inclusion.
FactsRBI will...
Banking
Bank of England forms CBDC Academic Advisory Group for proposed digital pound
The Bank of England and HM Treasury have established the CBDC Academic Advisory Group (AGG) to create a comprehensive architecture for the digital pound,...
Banking
Bangladesh Bank taps Fime to launch domestic card scheme
Bangladesh Bank partners with fintech company Fime to launch a domestic card scheme, aiming to enhance financial inclusion through a stable payment infrastructure.
FactsBangladesh...
Banking
TransferGo hit with €310,000 fine from Bank of Lithuania for AML failings
Electronic money institution UAB TransferGo Lithuania has been fined €310,000 by the Bank of Lithuania for violating anti-money laundering and counter-terrorist financing laws.
FactsUAB...
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