EU CBDC: What do we know so far about the digital euro?
The European Central Bank (ECB) has been working on developing the digital euro, a central bank digi...
Source: finextra.com
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Singapore warns banks to prepare for quantum computing cyber threat
The Monetary Authority of Singapore has told the country's financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing.
Source: finextra.com
fintech | Reserve Bank of India bolstering oversight of fintech firms, signals end to years of light-handed regulation
Fintech firms and their investors were given a foretaste of that approach last month when the Reserve Bank of India ordered sector giant Paytm to wind down its banking unit due to, what it termed, persistent non-compliance with regulations
Development Council Reserve Bank Nirmala Sitharaman Financial Stability Eserve Bank Of India Rbi Paytm Payments Bank Ltd
Source: telegraphindia.com
Profitable payments startup Zūm Rails closes $10.5-million Series A
Bootstrapped since 2019, Montréal-based FinTech startup Zūm Rails has now raised $10.5 million CAD in Series A financing for its payments platform that seeks to merge open banking with instant payments.
Source: betakit.com
Understanding CESOP: the European strategy for combating VAT fraud in e-commerce
In an era where digital transactions are the backbone of the global economy, ensuring the integrity
Source: finextra.com
Finastra selects Unitas as Kondor distribution partner in Soutth Korea
Finastra has today announced UNITAS as a strategic partner for Finastra’s Kondor treasury solution in South Korea.
Source: finextra.com
ADB approves $23 million loan to boost fintech in Gujarat
ADB said the project will construct an inclusive, sustainable, and climate-resilient International Fintech Institute (IFI) inside GIFT.
Kanupriya Gupta International Fintech Institute Asian Development Bank Gujarat International Finance Tec Asian Development Gujarat International Finance Tec City
Source: moneycontrol.com
Why Capital One's $35 Billion Discover Takeover Will Be A Profit Game Changer
Based on 2023 numbers, the deal would make Capital One the largest credit card lender in the United States.
Source: forbes.com
Finastra selects Unitas as Kondor distribution partner in South Korea
Finastra has today announced UNITAS as a strategic partner for Finastra’s Kondor treasury solution in South Korea.
Source: finextra.com
ECB data reveals decline in physical bank offices across the EU
As part of its role to help preserve financial stability, the ECB is tasked with keeping an eye on developments in the banking sector to identify vulnerabilities and foster resilience.
Source: finextra.com