Latest News – Page 169

EIB Launches Its First Digital Bond in Pound Sterling

The European Investment Bank (EIB) has successfully priced its inaugural £50 million digital bond, leveraging both private and public blockchains through HSBC's tokenisation platform, Orion....

Bank of America Secures Unprecedented Number of Patents

Bank of America is celebrating a record achievement, having been granted 227 US patents in the first half of the year, with significant attention to...

Crédit Agricole CIB Celebrates Successful Outcomes from Quantum Computing Experiment

Crédit Agricole CIB has announced the successful completion of two quantum computing experiments focused on financial product valuation and credit risk assessment. The bank collaborated...

IBM’s Bharat Bhushan Discusses Enhancing Customer Trust in Digital Banking

A recent YouGov and IBM survey indicates that 82% of UK citizens prioritize data security and privacy in digital banking due to the Covid-19 pandemic....

Court Dismisses Class-Action Lawsuit Against Coinbase

Shares in Coinbase surged over 20% on Thursday following a ruling by US District Court Judge Paul Engelmayer, who dismissed a class-action lawsuit against the...

UK Contactless Limit Set to Increase to £100 This October

Brits will be able to make contactless payments of up to £100 starting from 15 October, as confirmed by UK Finance. This increase, up from...

FCA Establishes Innovation Advisory Group

The Financial Conduct Authority (FCA) has appointed seven advisors to a new Innovation Advisory Group (IAG), set to hold its first meeting this month. The...

Former Credit Union Employee Strikes Back by Deleting 20GB of Data

A woman in the US has pleaded guilty in a Brooklyn court after breaking into a credit union's computer system and deleting over 20 gigabytes...

SurePay Secures €12.2 Million in Funding for Confirmation of Payee Solutions

SurePay, a spin-off of Rabobank that provides Confirmation of Payee (CoP) services in the UK and Benelux, has successfully raised €12.2 million in a funding...

Klarna Prepares to Dive into the Crypto Space

Buy now, pay later giant Klarna is exploring cryptocurrency integration ahead of its anticipated IPO in April this year. Klarna's CEO, Sebastian Siemiatowksi, recently shared...