Latest Developments in Real Time Payments: Innovation and Interoperability
In an interview with FinextraTV in the lead-up to Sibos 2024 in Beijing, China, Peter Reynolds, Executive Vice President Real ...
Tokenisation use cases to be excited about
At Sibos 2024, Angie Walker, Global Head of Banking and Capital Markets, Chainlink Labs, explored the topics of blockchain ...
Powering the Next Era of Cross-Border Payments: Stablecoins’ Role Alongside Traditional Currencies
The urgency of solving this issue for business cannot be overstated as cross-border transactions are growing quickly. The ...
KYC and AML procedures - how to ensure compliance with international standards
To ensure compliance with international standards, financial institutions should implement the following key components in ...
Sweden and Denmark to initiate real-time cross currency settlement via Target Instant Payments
The European Central bank is implementing a cross-currency settlement service on the Eurosystem's Target Instant Payment ...
Temenos hires Barb Morgan from LSEG as chief product and technology officer
Temenos has hired Barb Morgan, formerly of LSEG and FIS, as chief product and technology officer. Welcome to Finextra. We use ...
Authorized capital of companies with a financial license
What is authorized capital? Authorized capital is the amount of assets that the owners (founders) of the company invest in ...
JPMorgan Chase rolls out new flagship branch format for affluent clients
JPMorganChase today unveiled its newest branch format, the J.P. Morgan Financial Center, specifically designed to serve the unique needs of affluent clients through a highly personalized level of ...
Morgan Stanley rolls out AskResearchGPT to institutional securities staff
Morgan Stanley has rolled out a generative AI-powered assistant to support staff in surfacing and distilling insights from ...
BofA sees 51% increase in companies using APIs for real-time treasury needs
The demand for real time data and transaction processing is driving a record number of Bank of America business clients to adopt Application Programming Interfaces (APIs).
SEB invests in Lumera
SEB’s venture capital unit invests in Lumera, a leading player in the Swedish market for insurance administration software. The bank thus broadens its current partnership with the company.
PSR seeks feedback from businesses on card-acquiring remedies
Since its card-acquiring remedies came into force last year, the PSR has been monitoring firms’ efforts to implement them effectively.