Latest News – Page 406

Real-Time Payments Boost GDP and Enhance Financial Inclusion

Real-time payments are projected to contribute an additional $285.8 billion to global GDP and create over 167 million new bank account holders by 2028, according...

Over 40 Banks Set to Participate

NextGen Nordics will take place in Stockholm on April 23rd, with just seven weeks remaining until the event, already 200 attendees have secured their spots....

Paytm Business Bank Penalized for Money Laundering Allegations

Paytm's banking division has been fined 55 million rupees (approximately $663,000) by an Indian regulatory authority on money laundering charges. The Financial Intelligence Unit of...

Reno Mathews, Ex-Citi and Google Compliance Specialist, Joins Due Diligence Startup Spektr

Danish due diligence startup Spektr has appointed Reno Mathews, a former executive at Citi and Google, as its chief compliance officer. Mathews brings with him...

Northern Trust Introduces Blockchain-Enabled Carbon Credit System

Asset servicer Northern Trust has launched a blockchain-based platform that allows institutional buyers to access carbon credits digitally. The Northern Trust Carbon Ecosystem utilizes the...

Bank of England Launches Cloud-Based Data Platform and AI Initiatives

The Bank of England is developing a cloud-based data and analytics platform following an independent review that highlighted concerns about adopting such technology. As part...

NatWest Launches Digital ID Service in the Nordics

NatWest is set to offer its digital identity service for legally binding documents via Adobe Acrobat Sign to customers in the Nordic countries. In a...

CaixaBank Launches Instalment Payment Option with Apple Pay

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

Gideon Valkin Unveils $12 Million Fund to Support Europe’s Fintech Mafia

Gideon Valkin, previously associated with Monzo, ClearScore, and Entrée Capital, has successfully launched a $12 million fintech venture fund, Adrena Ventures, and has made his...

Federal Reserve Chair: US Digital Dollar Is “Nowhere Near” Development

Chairman of the US Federal Reserve Jerome Powell addressed the Senate on Thursday, emphasizing that the US is “nowhere near” developing a central bank digital...