NatWest chair warns against “gambling” with cryptocurrency
Sir Howard Davies says the “damned stuff” should be banned.
Sir Howard Davies says the “damned stuff” should be banned.
Santander’s Ana Botín also calls for further banking integration across the bloc.
Bank ABC operates across the Middle East, North Africa, Europe, the Americas and Asia.
The CBDC pilot with the South Asian country is designed to boost financial inclusion.
Deutsche Bank’s acquisition will expand its product range and market share in online payments in Germany.
The new partnership will see the international bank begin to offer digital banking services to UK customers.
The 400-strong team will support the company’s global operations.
China Bohai Bank will utilise Bairong’s fraud and loan monitoring systems.
The potential benefits of CBDCs will only be realised if consumers trust the technology.
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CIBC will also become the exclusive issuer of Costco Mastercards in Canada.
The state-owned policy bank aims to level up UK infrastructure through targeted green investments.
The Barbadian fintech says digitising the Naira will benefit the entire Nigerian financial ecosystem.
The bank says becoming a limited partner in the firms will enhance its fintech offerings.
Central bank says the window for digital banking licence applications will close on 31 August.
RBI claims Mastercard Asia/Pacific has failed to comply with an earlier directive on data storage.
Work will now focus on functional design and prototyping and will involve focus groups.
The partnership will enable cashless payments in the country.
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The taskforce will now set out to identify the UK’s use cases for a CBDC.
If finalised, the investment would come through SoftBank Vision Fund 2.
The industry has long called out the interchangeable use of the word “neobank”.
A deep dive on the benefits and challenges of the banking and payments landscape in Poland.
All Pakistani banks will need to provide debit cards to users who don’t already have one.
FinTech Futures scrolls through the UK chancellor’s new budget to pick out the fintech impact.
This new regulation won’t apply in the UK following Brexit.
Both Fedwire and FedDACH went down this week, and remained so for a few hours.
Nigeria is one of the world’s largest users of virtual currencies.
Companies like Ant have until November 2021 to register a new financial holding.
SAMA has already “collected the local financial market participants’ feedback”.
New Zealand Stock Exchange was also the victim of a cyberattack in August.
Creditors with direct debits in place for UK customers may need to provide their bank with additional info.
T2 would then include the Danish krone by November 2025.
A UK CBDC won’t happen anytime soon if the Bank of England takes an iterative approach.
We cover embedded finance, competition, open banking, and CBDCs.
In Singapore, PayNow monthly transaction values have crossed the $3 billion mark.
The regulator has issued four licences, rather than five.
The central bank will run tests in early 2021.