December 26, 2024 – FintechDaily

Europe’s Target Settlement System to Integrate with Cross-Border Instant Payment Initiative

Europe's Target Settlement system is set to join Project Nexus, an initiative by the Bank for International Settlements aimed at connecting domestic real-time payment networks...

RBC Unveils New Incubator Initiative

The Royal Bank of Canada is launching a new incubator program aimed at supporting fintech and cybersecurity startups. The bank is collaborating with the Rogers...

Banks Granted Extended Time to Investigate APP Fraud

UK banks will have an additional 72 hours to halt payments if they suspect authorized push payment (APP) fraud. The UK Government has announced plans...

OCBC Plans $500 Million Investment in New Innovation Hub

South East Asia's second-largest bank, OCBC, has announced a $500 million investment in the Punggol Digital District (PDD). This includes the establishment of a new...