HKMA sings MoU with Shanghai authorities to build blockchain for cargo trade

The Hong Kong Monetary Authority (HKMA), the Shanghai Data Bureau (SDB), and the National Technology Innovation Center for Blockchain (NTICBC) announced today (2 March) that they have jointly signed ...

Barclays' Braddick to take the helm at the UK’s banking watchdog

His Majesty The King and the Chancellor have appointed Katharine Braddick CB as the next Deputy Governor for Prudential Regulation at the Bank of England and Chief Executive of the PRA.

Iosco to run TechSprint in FCA AI Lab

The call for applications for the first IOSCO TechSprint, powered by the UK Financial Conduct Authority (FCA) AI Lab, was launched today.

Elliot Investment Management calls for more 'value enhancing' actions from LSEG

Limited ("Elliott"), which advise funds that together hold a significant stake in London Stock Exchange Group plc ("LSEG" or the "Company"), today issued the following statement in connection with the ...

Architecting Intelligence: How Banks Transition from Ad-hoc AI to Agentic Systems

Banks are entering a decisive phase in their AI evolution. After years of deploying isolated machine learning models — chatbots in customer service, fraud engines in risk, predictive dashboards in ...

FDIC approves bank application for Edard Jones Financial

Earlier today, the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions (UDFI) announced approval of The Jones Financial Companies, L.L.L.P.'s application to ...

Stablecoins: separating myth from reality and readying for the future

Stablecoins are having a moment. Regulatory tailwinds like Hong Kong's Stablecoins Ordinance are building certainty and trust ...

ZA Bank transforms heritage tea house into retro banking pop-up

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Dinosaur Financial invests in Quam Plus

Quam Plus International Financial Limited (“Quam Plus”), through its wholly owned subsidiary Quam Securities Limited (together, the “Quam Plus Financial Group”) has announced a strategic investment by ...

Incore Invest completes acquisition of CoreOrchestration

Private equity firm Incore Invest has completed the acquisition of CoreOrchestration AB from Worldline. This content is provided by an external author without editing by Finextra. It expresses the ...

Visa to be anchor investor in PayPay IPO

Visa is reportedly joining Qatar Holding and the Abu Dhabi Investment Authority to invest more than $200 million as anchor investors for the forthcoming US IPO of Sotbank's PayPay.

Have chargebacks become the default customer service channel?

What was originally designed in the 1970s as a consumer protection mechanism is increasingly being used as a primary customer service channel. From the cardholder’s perspective, the shift is ...